Lim Sin Tiow, new CEO for Ascendas India
Bangalore, June 2: Mr Lim Sin Tiow has been appointed as Chief Executive Officer of Ascendas India with effect from June one.
He took over from Jonathan Yap, who would assume the new role as CEO India Funds at Ascendas Headquarters in Singapore.
From the time the International Tech Park Bangalore started operations in 1994, Ascendas had expanded to a total of seven projects in India and was poised to further increase its footprint in the country to provide customers a high quality business space options, while expanding to more cities, according to a company release here today.
The other Ascendas properties in India including International Tech Park, Chennai (ITPC) and CyberVale in Chennai, The V and CyberPearl in Hyderabad and the two recently-announced International Tech Parks in Pune (ITPP) and Nagpur (ITPN).
The Company also had launched Ascendas India IT Parks Trust two years ago to set up more real estate funds.
Mr Lim is not new to India. He had played a driving role in establishing Ascendas' landmark development project, International Tech Park Bangalore. He was also instrumental in Ascendas' expansion into Hyderabad and Chennai.
Mr Lim continues to be Chairman, Ascendas Services Pvt Ltd and would hold the concurrent appointment as Executive Vice President (New Markets), responsible for the strategic planning and start-up operations of the Middle East and Russian markets.