NEO Tzu Chao Kevin has taken over as chief executive officer of the trustee-manager of Keppel Infrastructure Trust (KIT) : A7RU 0% from Chiang Chang Jopy, with effect from Sunday (Oct 1).

Neo has been with KIT for seven years and was appointed as deputy CEO in June this year.

Prior to joining KIT, the 43-year-old served as vice-president of Samena Capital, director of mergers and acquisitions at RAK Logistics, and manager of PwC Corporate Finance.

He will work with the board to determine the strategy for KIT, and with other members of the trustee-manager’s management team to execute the strategy, said the trustee-manager on Monday.

Chiang has assumed a new role of chief investment officer (infrastructure) at Keppel Corporation.

KIT’s units fell 1.1 per cent or S$0.005 to S$0.46 as at 9.15 am on Monday.

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