Russel Sy

GM, Pacific Palms Property at Steamships

Russel Sy is the General Manager at Pacific Palms Property (PPP), since late 2021.

Prior to joining PPP, Russel was VP for Commercial Properties at SM Prime in the Philippines and Chief Strategy Officer at TECOM Investments in Dubai. Russel's 28 years of experience include Telecommunications (Sky), Petroleum Retailing (Shell), and Fast-Moving Moving Consumer Goods (Procter & Gamble).

Russel earned a Bachelor in Management Engineering from Ateneo de Manilla University and an MBA from the International Institute for Management Development in Switzerland. He also studied Property, Asset and Portfolio Management at the Centre for Real Estate at Massachusetts Institute of Technology in Cambridge, MA, USA.


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Steamships

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Steamships Trading Company Limited (Steamships) is engaged in shipping, transport, property, manufacturing, hotels and information technology in Papua New Guinea. The Company operates through four segments: Commercial, Hotels and property, Logistics, and Finance and investment. The Commercial segment is involved in the manufacture and distribution of consumer products. The Hotels and property segment owns and operates hotels, and includes the property leasing division. The Logistics segment consists of shipping and land-based freight transport and related services divisions. The Finance and investment segment consists of the head office administration function. The Company operates its hotel division through Coral Sea Hotels, which operates approximately nine hotel and apartment complexes offering hotel facilities and serviced apartments, as well as meeting, conference and banqueting facilities.