City Developments Deputy Chairman Kwek Leng Joo Dies at 62by
Kwek Leng Joo, deputy chairman at City Developments Ltd., Singapore’s second-largest developer, has died. He was 62.
Kwek, who was managing director at the developer until last year, died of a heart attack in his sleep early on Monday morning, the company said in a Nov. 16 statement.
Kwek was elevated to the post of deputy chairman in January 2014 after the company hired Grant Kelley from New York developer Leon Black’s Apollo Global Management LLC to become the chief executive as it sought to expand to oversees markets. He was appointed as a director of the company in 1980, and was named managing director in 1995, a role he held until his appointment as deputy chairman last year.
An advocate of what’s known as Corporate Social Responsibility, or CSR, Kwek has been a champion for sustainability for more than two decades, City Developments said in the statement.
“His vision had established CDL’s reputation as a leading green building champion and a forerunner in CSR, raising the bar for Singapore’s real estate industry and driving change for the building sector,” according to the statement.
The wake will be held on Thursday, followed by a private funeral mass and cremation on Friday, the company said.
Kwek’s previous positions included serving as president of the Singapore Chinese Chamber of Commerce & Industry and vice president of ASEAN Chamber of Commerce & Industry. Kwek was also an executive director of City e-Solutions Ltd., a subsidiary of City Developments listed on the Hong Kong Stock Exchange, a non-executive director of Hong Leong Finance Ltd., which is listed on the Singapore Exchange, and also a director of Hong Leong Investment Holdings Pte, the holding company of City Developments.
Kwek is the younger brother of billionaire Kwek Leng Beng, who’s the chairman of City Developments.
“The late Mr Kwek Leng Joo was always the perfect gentleman who was so passionate about sustainability, corporate social responsibility, photography and social issues,” Vivian Balakrishnan, Singapore’s foreign affairs minister, said in a Twitter post. “His humility, grace and generosity was inspiring.”