KUALA LUMPUR: The manager of Atrium Real Estate Investment Trust (REIT) has announced the retirement of Chan Kum Chong as its CEO, effective Aug 31, 2024.
Lee Hooi Hoong, the current chief financial officer, has been made the acting CEO with effect from Sept 1, 2024.
"Lee will continue to oversee the functions of the finance department in addition to his new role as the Acting CEO.
This will ensure a seamless transition and continuity of the Manager’s leadership," said Atrium REIT Managers Sdn Bhd in a filing with Bursa Malaysia.
Chan is stepping down from the role to pursue his personal interests.
According to the filing, Chan has been with the Manager since 2007 and held the CEO position since 2010.
Under his leadership, Atrium REIT’s total assets has grown from RM182.3mil at the start of 2010 to RM643.9mil at the end of 2023, representing an increase of about 350% over a period of 14 years.
