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Mapletree Investments hires ex-Morgan Stanley banker as China commercial CEO

Bloomberg
Bloomberg • 2 min read
Mapletree Investments hires ex-Morgan Stanley banker as China commercial CEO
Mapletree Investments lost $577.2 million for the fiscal year ended in March, its first loss in two decades. Photo: The Edge Singapore
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Mapletree Investments, owned by Temasek Holdings, has hired a former Morgan Stanley banker to lead its struggling commercial business in China.

Lida Ren was appointed as the property manager’s commercial chief executive officer in China, people familiar with the matter said, asking not to be identified discussing private matters. A Mapletree spokesperson declined to comment.

Ren left her former role as a real estate investment banker focused on China at Morgan Stanley last year, amid a drop of property deals in the world’s second-largest economy. She was based in Hong Kong as a managing director at the US firm.

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