News Broadcasting
Ascendas announces new CEO for India Operations
BANGLORE :Leading business space solutions provider, Ascendas is pleased to announce the appointment of Mr Lee Fu Nyap as Chief Executive Officer of Ascendas India Operations, effective 1 October 2013. Mr Lee, who is currently Assistant CEO of Ascendas India operations, will succeed Mr Thomas Teo, who is relocating to Ascendas’ headquarters in Singapore to assume his role as Chief Real Estate Development Officer.
Mr Lee has served Ascendas for more than 15 years and has been based in India for the past 8 years in various senior leadership roles.
Mr Lee is familiar with India and has played a crucial role in establishing Ascendas’ landmark project International Tech Park Chennai. He had also contributed significantly towards managing Ascendas’ portfolios in India and will be driving the organisation’s expansion plans in the country.
Commenting on Mr. Lee’s appointment, Mr. Jonathan Yap, Assistant Group CEO, Overseas Funds and India said, “India is among Ascendas’ largest market overseas and we are happy that Fu Nyap is stepping up to lead India Operations. Fu Nyap’s deep seated industry experience and understanding of the Indian market is critical in growing Ascendas India and navigating it through the challenges and opportunities ahead. We thank Thomas for his contribution and are glad that his experience in India will be useful in his new role at the Group level.”
Ascendas is close to completing over two decades of operations in India. From initially just 69 acres in Bangalore, Ascendas currently has over 1,500 acres of development spread across six cities in India. With 7 operational IT parks catering to over 330 clients and 77,000 skilled professionals, Ascendas is now also focusing on developing integrated projects with sector specific SEZs, commercial, residential and supporting social amenities in Chennai and Gurgaon.
Profile of Mr Lee Fu Nyap – CEO, India Operations (Effective October 1, 2013)
Mr Lee Fu Nyap rejoined the Ascendas Group in 2005, and is CEO – India Operations. Mr Lee has about twenty years of regional real estate experience in valuation, investment, operation, development and portfolio asset management. Mr Lee has in-depth knowledge and experience in developing and managing business in India, China, Indonesia, Malaysia, Phillipines, Thailand and Singapore, where he spearheaded some of the flagship projects of Ascendas.
Other than Ascendas Group, Mr Lee has worked with Keppel Land International Pte Ltd where he was instrumental in setting up two residential projects in Bangalore and with Inland Revenue Authority of Singapore where he conducted valuation exercise for property tax purpose.
Mr Lee’s involvement with India dates back to the early days of International Tech Park Bangalore in 1994 and has also played a crucial role in establishing Ascendas’ International Tech Park Chennai.
Mr Lee holds a Bachelor of Science in Estate Management (Honours) from the National University of Singapore and a Masters degree in Business Administration from Leicester University.
Mr Lee is based out of the Ascendas India HQ in Bangalore.
News Broadcasting
CNN-News18 to host Fury in the Gulf conclave on West Asia crisis
Three-hour summit to unpack geopolitical fallout and impact on India
MUMBAI: CNN-News18 is set to host a special three-hour broadcast, Fury in the Gulf – War Conclave, on April 7, aiming to decode the escalating West Asia crisis and its far-reaching implications for India.
Scheduled from 4:00 PM to 7:00 PM, the conclave comes at a time when tensions between Iran and the United States are reshaping global geopolitics and triggering economic uncertainty. With India’s deep energy ties, trade links and large diaspora in the Gulf, the developments carry significant domestic relevance.
Built around the theme ‘Conflict, Consequences, and The Future,’ the programme will feature six curated sessions combining one-on-one interviews and panel discussions. The focus is to cut through the clutter and offer viewers a clearer understanding of the fast-evolving situation.
Key sessions include ‘Diplomacy in Times of War’ featuring Shashi Tharoor, and ‘World After the Iran Conflict’ with voices such as Ram Madhav, Reuven Azar, representatives from the European Union and the Iranian Deputy Envoy. Another session titled ‘Another Dunkirk?’ will bring together K. J. S. Dhillon and Jitin Prasada among others.
CNN-News18 editorial affairs director Rahul Shivshankar said, “In times of war, clarity becomes the most powerful tool. Fury in the Gulf – War Conclave brings together credible voices to address the questions and confusion that arise amid an overwhelming influx of information.”
He added that the initiative is aimed at delivering “facts, perspective, and insight” at a time when misinformation can easily cloud public understanding.
Echoing the sentiment, CNN-News18 CEO– English and business news Smriti Mehra said the conflict marks a defining global moment, with consequences that extend well beyond the region. She noted that the conclave seeks to present the crisis with “depth, nuance and responsibility” so audiences can better grasp its real-world impact.
As geopolitical tensions continue to dominate headlines, the conclave positions itself as an attempt to bring order to the noise, offering viewers a structured, insight-led look at a complex and rapidly shifting global situation.
