Ascendas, business space solutions provider, has appointed Lee Fu Nyap as Chief Executive Officer of Ascendas India Operations. Lee, who is Assistant CEO of Ascendas India operations, will succeed Thomas Teo on October1.

Teo is relocating to Ascendas’ headquarters in Singapore to assume role as Chief Real Estate Development Officer.

Lee has served in Ascendas for more than 15 years and has been based in India for the past eight years in various senior leadership roles. He has played a crucial role in establishing Ascendas’ landmark project International Tech Park Chennai.

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