Avaland appoints Apollo Bello Tanco as CEO


KUALA LUMPUR: Avaland Bhd has appointed Apollo Bello Tanco (Pol) as its CEO, succeeding Teh Heng Chong from Jan 1, 2024.

Teh will remain on Avaland's board of directors as a non-independent non-executive director, said the property developer.

Pol served as Avaland's chief operating officer between 2019 and 2022, managing the day-to-day operations of the company.

According to Avaland, Pol brings with him a wealth of both technical and management experience, having served as the senior estate development head at Ayala Land and is responsible for the development five townships covering almost 5,500 acres.

He also served as the head of project and strategic management Group of Avida Land Corp, which is the development arm of Ayala Land that serves the middle-income segment.

"Having been with Ayala Land for close to 30 years, Pol’s appointment as CEO will further enhance operational alignment and create more synergies between Ayala Land and Avaland.

"We believe that Pol’s broad and extensive experience in the property development industry, coupled with his strong leadership skill and vision, will further strengthen Avaland’s position in the industry and propel our group to greater heights," said chairman Tan Sri Abi Musa Asa'ari in a statement.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Avaland , property , MCT

   

Next In Business News

CIMB’s succession planning coming into sharp focus
Quebec pension hit with real estate loss as ‘hostile’ market persists
Strong earnings visibility for Matrix Concepts
TRX takes the spotlight
Japan takes Taiwan’s helping hand in chip ops
TM sets sights on even stronger growth this year
Soul-searching for ringgit solutions
Central Europe shoppers still shell-shocked
UMWT to drive green mobility growth
Sarawak’s new energy play gains more attention

Others Also Read