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Kwek Leng Beng

Kwek Leng Beng is executive chairman of City Developments Limited (CDL) and Hong Leong Group in Singapore. He joined CDL’s board in 1969 and became executive chairman in 1995. CDL develops, owns and operates residential, office, retail and hotel properties, while Hong Leong Group also includes financial and other businesses. Kwek’s leadership has combined real-estate development with hospitality and broader family-group management. CDL 2025 annual report · Hong Leong Finance board biography

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During his tenure, CDL expanded its Singapore development business and international hotel platform. Kwek has been involved in the company’s investment and development decisions across markets and property types; the company’s annual reports are the authoritative record for its current portfolio and executive structure. In 2025, a public disagreement with his son, group CEO Sherman Kwek, over governance and strategy drew attention to succession at the family-controlled company. The board later stated that Kwek Leng Beng would remain executive chairman and Sherman would continue as group CEO. CDL annual reports · Official board statement

Kwek also chairs Hong Leong Investment Holdings and Millennium & Copthorne Hotels, reflecting the group’s integration of property and hospitality. CDL’s board biography lists his finance and real-estate experience and confirms his current executive-chairman role. These operating titles should be dated because family succession and company governance have been active issues in recent years. Hong Leong Finance board biography · CDL 2025 annual report

Related Pages

  • Investor People Hub
  • National Investor Benchmarks Hub
  • City Developments Limited
  • Source: Top 200 Global CRE People and Families

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