Change - Announcement of Appointment::Appointment of Mr Nagabhushanam Gauri Shankar as CEO and Executive Non-Independent Director

Issuer & Securities

Issuer/ Manager
CAPITALAND INDIA TRUST MANAGEMENT PTE. LTD.
Securities
CAPITALAND INDIA TRUST - SG1V35936920 - CY6U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
31-Jul-2024 17:25:12
Status
New
Announcement Sub Title
Appointment of Mr Nagabhushanam Gauri Shankar as CEO and Executive Non-Independent Director
Announcement Reference
SG240731OTHRHZTU
Submitted By (Co./ Ind. Name)
Hon Wei Seng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Nagabhushanam Gauri Shankar as Chief Executive Officer ("CEO") and Executive Non-Independent Director ("ENID") of CapitaLand India Trust Management Pte Ltd ("CLINTMPL"), as trustee-manager of CapitaLand India Trust.

Additional Details

Date Of Appointment
01/08/2024
Name Of Person
Nagabhushanam Gauri Shankar
Age
46
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Nagabhushanam Gauri Shankar was appointed as CEO (Designate) on 16 May 2024. Mr Nagabhushanam's appointment as CEO and ENID is part of the regular succession and leadership renewal process of CLINTMPL.

The Board of Directors of CLINTMPL has reviewed Mr Nagabhushanam's appointment as recommended by the Nominating and Remuneration Committee, and agreed that he is qualified and has the relevant experience to take on the role as CEO and ENID.
Whether appointment is executive, and if so, the area of responsibility
Yes, Mr Nagabhushanam will manage all aspects of CapitaLand India Trust's business
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
CEO and Executive Non-Independent Director
Professional qualifications
Bachelor of Science in Mathematics, Sri Sathya Sai Institute of Higher Learning
Master's Degree in Business Administration, Sri Venkateswara University
Master's Degree in Finance, London Business School
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
May 2024 to Present
Chief Executive Officer (Designate), CapitaLand India Trust Management Pte. Ltd.

April 2022 to May 2024
Chief Executive Officer, India Business Park, CapitaLand Services (India) Private Limited

February 2022 to March 2022
Chief Executive Officer Designate, India Business Park, CapitaLand Services (India) Private Limited

July 2019 to January 2022
Head, Investments, India Logistic, Ascendas Firstspace Development Management Private Limited

July 2017 to June 2019
Chief Financial Officer, India Logistic, Ascendas Firstspace Development Management Private Limited

April 2017 to June 2017
Vice President, Fund Management, Ascendas India Development Fund Management Pte. Ltd.

July 2015 to March 2017
Assistant Vice President, Fund Management, Ascendas India Development Fund Management Pte. Ltd.

August 2013 to June 2015
Senior Manager, Fund Management, Ascendas India Development Fund Management Pte. Ltd.
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
No
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
Please refer to the attached Appendix "A"
Present
Please refer to the attached Appendix "A"
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
Mr Nagabhushanam will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Singapore Exchange Securities Trading Limited.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
NA

Attachments

Appendix A_Past and Current Directorships_GS.pdf
Total size =21K