CEO of Sasseur Asset Management Pte Ltd, Manager of Sasseur REIT
Mr. Ang has been Singapore’s Ambassador Extraordinary and Plenipotentiary to the Republic of Tunisia since September 2016. From January 1979 to October 1992, Mr. Ang rose up the ranks of the Singapore Economic Development Board to become Regional Director of North America, where he managed investment promotion for North America, securing annual investments averaging approximately S$2 billion per annum. From March 1993 to December 1999, he took on the role of Executive Director and Group General Manager of Armstrong Industrial Corporation Limited, where he was overall in charge of the sales and manufacturing operations in six Asian countries. Subsequently, he joined Vertex Management Pte. Ltd. from January 2000 to August 2001 as Senior Vice President of Investment, where he covered investments in Singapore, India and Japan with estimated assets under management of approximately S$50 million.
From August 2001 to January 2003, Mr. Ang joined GIC Real Estate Pte. Ltd. as Executive Vice President of Administration and Corporate Affairs, where he was responsible for corporate matters of its global investment operations. He then served as Executive Director of Majulah Connection Limited from February 2003 to December 2005, a non-governmental organisation supported by the Singapore government for consulting and networking. From February 2006 to December 2016, Mr. Ang took on various roles within the ARA Group. He was the Chief Executive Officer of ARA’s flagship USD 1.13 billion ARA Asia Dragon Fund from March 2007 to March 2010, where he was in charge of fundraising and responsible for investing in a diversified portfolio of real estate investments with a pan Asian mandate.
He was subsequently the Chief Executive Officer and Executive Director of ARA Asset Management (Fortune) Pte. Ltd., the manager of Fortune Real Estate Investment Trust (“Fortune REIT”), from March 2010 to January 2015 and continued to be Executive Director till December 2016. Fortune REIT owns 17 retail properties in Hong Kong with estimated assets under management of over HK$36 billion as at 31 December 2016.
Mr. Ang has also been an Independent Director of Singapore-listed IPS Securex Holdings Limited since January 2015, Singapore-listed Europtronic Group Ltd. since May 2015 and Singapore-listed Heatec Jietong Holdings Ltd. since April 2017, and Independent Director of Malaysia-listed Yong Tai Berhad since January 2016.
Mr. Ang graduated with a Bachelor of Science (Mechanical Engineering) with First Class Honors from the Imperial College of Science and Technology, University of London in August 1978. He also obtained an MBA Degree from the European Institute of Business Administration (INSEAD) in June 1982 and a Certificate of Completion of the Marketing Management Program from the Graduate School of Business of Stanford University in October 1992.