Yu Lai Boon

Dr. Yu Lai Boon was appointed to our Board on 19 May 2021. He has over 25 years of experience in sovereign wealth fund management, private equity investment, fund management, real estate development and real estate-related consultancy work. Dr. Yu Lai Boon has also been involved in the food and beverage industry since 2018.

Dr. Yu Lai Boon joined the Department of Real Estate, School of Design and Environment at National University of Singapore as a Post-Graduate Researcher, Research Assistant and Teaching Assistant between March 1988 and September 1997. He subsequently joined Jones Lang Wootton as an Associate Director for the period from October 1997 to March 1999. He was appointed as the National and Regional Director and Asia Pacific Head of Consultancy and Research in Jones Lang LaSalle Incorporated (JLL) and was subsequently appointed as the Managing Director and Country Head during the period from March 1999 to March 2006. Between August 2000 and December 2000, he was appointed as a focus group member for the Ministry of National Development and was involved in the provision of expert advice on urban land economics in the formulation of the Concept Plan of the Urban Redevelopment Authority for the development of Singapore.

From June 2003 to December 2005, he was appointed as the Honorary Real Estate Consultancy Advisor of the Real Estate Developers’ Association of Singapore. He was employed as the Chief Financial Officer and Chief Investment Officer of Nakheel PJSC in Dubai, the developers of the Palm Islands and the World Islands, from April 2006 to July 2006, and was subsequently employed as the Group Chief Investment Officer of Dubai World from July 2006 to April 2010.

He acted as a Member of the Advisory Panel within the Singapore Land Authority from July 2014 to July 2016. He was also an Adjunct Associate Professor of the Department of Real Estate, School of Design and Environment at the National University of Singapore between March 2014 and December 2015.

Dr. Yu Lai Boon graduated from the National University of Singapore with a Bachelor of Science (Estate Management) (Honours) in 1988 and a Master of Science (Estate Management) in 1991. He went on to obtain a Doctor of Philosophy from the University of Aberdeen in Scotland, United Kingdom in 1997.

Dr. Yu Lai Boon has also been a member of the Singapore Institute of Surveyors and Valuers since April 2001.