Millennium & Copthorne gets new CEO

Millennium & Copthorne Hotels Plc, a wholly-owned subsidiary of City Developments Ltd, has announced the appointment of Wong Hong Ren as its new Chief Executive Officer.

Wong has been the group's executive director and chief financial officer since April 2011 and was made non-executive director, following the company's flotation in 1996. He also served as joint CEO and twice served as interim CEO, including the eight months preceding the appointment of Richard Hartman in April 2008.

"The board believes that Mr. Wong's...disciplined approach to operational management, his keen analytical skills and his outstanding contribution to enhancing the asset value of the group make him the ideal successor to Richard Hartman," said Kwek Leng Beng, Chairman of Millennium & Copthorne Hotels.

"His leadership will provide vital continuity as we execute our existing strategy."

Wong succeeds Hartman, who will remain on the group's board as non-executive director.

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