CapitaLand Ascott Trust (CLAS) has announced that Mr Bob Tan will retire as the Chairman of CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust Management Pte. Ltd. (the Managers of CLAS). Mr Lui Chong Chee, a Non-Executive Independent Director, will succeed Mr Bob Tan on 22 April 2024 as part of CLAS Board renewal process.