CapitaLand Mall Trust Management Limited announced board changes, which will take effect on April 12, 2019. The company announced retirement of Adj Professor Richard Rokmat Magnus as the chairman of the board and a Non-Executive Independent Director of the company. Adj Professor Magnus will also cease to be chairman of the corporate disclosure Committee; appointment of Ms Teo Swee Lian as an ID of the company. She is currently a Non-Executive Independent Director of Singapore Telecommunications Limited and AIA Group Limited. Ms Teo will also be appointed as chairman of the board and chairman of the CDC; and dissolution of the Investment Committee of the company. The board of directors of the company will undertake all the responsibilities for reviewing and approving proposals on major acquisitions and divestments of CMT Group.