Changi Airport’s CEO Lee steps down after 15 years
Yam Kum Weng will succeed Lee on 1 July.
Changi Airport Group (CAG) has announced the stepping down of chief executive officer (CEO) Lee Seow Hiang on 1 July, marking a 15-year tenure with the company.
He will relinquish his positions as a director on the CAG Board and as chairman of the boards of Changi Airports International (CAI) and Jewel Changi Airport Development.
The CAG Board has appointed Yam Kum Weng to succeed Lee as CEO of CAG.
Yam, currently serving as CAG's executive vice president of Airport Development, brings a wealth of experience to his new role.
ALSO READ: Changi Airport records 33.7% YoY surge in February passenger movements
Effective 1 July, he will also assume the role of director on the CAG Board and chairman of the CAI Board.
Major milestones during Lee’s tenure include the launch of Terminal 4, the upgrading and expansion of Terminals 1 and 2, and the development of Jewel Changi Airport, which opened its doors in 2019.
These infrastructure projects increased Changi Airport's handling capacity by 23% to 90 million passenger movements per annum.