Est. 1993

Chief Human Resources Officer · Singapore / Southeast Asia

2026-09-07 edition

Leon Halim

A development company should remember more than the buildings it completes.

Leon Halim · Chief Human Resources Officer · Singapore / Southeast Asia

I would examine the continuity assumed inside the portfolio plan.

My contribution to a board

I would bring a people perspective to the continuity a property company expects across a long-lived portfolio. Development projects have finite teams and milestones, while assets may remain in operation for many years. A board should understand the management assumptions connecting those periods: which experience must remain available, which roles hold responsibility and how the cost of continuity is considered. My executive work has made those questions concrete, including circumstances in which a more expensive arrangement was accepted because the original plan left a dependency unexplained.

My governance exposure comes from preparing and presenting executive material at Tervana since 2020. I currently hold no director positions and have no committee membership to list. A first appointment would therefore involve learning the institution and the wider obligations of oversight, rather than assuming that familiarity with board papers is equivalent to experience as a director. I would want a clear induction and feedback from the chair on the contribution expected.

I could contribute to a nomination, remuneration or people-related committee where its remit fits my experience. I am not seeking to chair one immediately. My strongest questions concern leadership responsibilities, succession evidence and the employment assumptions behind a portfolio change. Investment, valuation, engineering, safety and legal matters need the appropriate expertise. I would engage with those subjects as part of collective oversight while recognising that a people background does not confer technical authority over them.

Judgement in practice

01

An investment in continuity with a defined point of review

The five-month capability pool required management to distinguish a probable use of experience from a committed future assignment. I supported the SGD 1.12 million cost because the proposal identified interim work, alternatives and a later decision point. For a board, I would ask whether those assumptions were presented honestly and whether the employment account was followed to its actual outcome. The eventual 24 project roles, nine asset roles and five departures explain what happened to the original group; they do not establish that the expense generated a particular investment return. Oversight should preserve that distinction while testing whether the choice was reasonable given the circumstances and evidence available.

02

A role programme that could not honestly report completion

The review of nine leadership assignments settled eighteen responsibility points and left nine requiring executive decisions. I opposed treating the workshops as evidence that every role was clarified. A board should be able to see material unresolved assumptions in management’s account, including who must decide and what interim arrangement applies. I would not ask directors to rewrite individual job descriptions. I would ask whether the executive team has recognised a conflict that could affect performance or accountability and whether the decision belongs at the level where it has been left. The example reflects a people function making an organisational question visible without claiming authority to settle contractual or investment matters itself.

My first year on a board

I would begin by understanding the portfolio, the ownership structure and the relationship between development activity and operating assets. Financial statements, cash commitments, investment papers and the board’s own responsibilities would be central to that preparation. I would seek an agreed programme of management discussions and site or asset visits, using them to understand the business rather than issue operating directions. My questions should add to the board’s collective view, not establish a parallel people-management channel.

Within the priorities agreed with the chair, I would examine how leadership and workforce assumptions appear in material proposals. I would want to see the alternatives, the cost, the conditions that could change the conclusion and the owner of any unresolved dependency. I would also learn how the board reviews nomination and remuneration matters, including the evidence used to assess executives whose roles cross project and operating responsibilities. Preparation on valuation, funding and risk would continue alongside those areas of familiarity. I would seek feedback on whether my contribution is proportionate and useful, especially where an executive habit of solving a problem needs to become a director’s habit of testing management’s account.

Conflicts and their management

Tervana’s development and investment relationships could make some external appointments inappropriate. I would disclose relevant interests and commercial connections before considering a role, and I would not carry confidential project terms, staffing plans or partner information into another institution. A proposed recusal should be assessed for whether it leaves a meaningful and responsible contribution possible; it is not an automatic answer to every conflict. I would expect the appointing company to examine the actual relationships under the framework that applies to it.

My indicative availability is 24 days annually, including preparation and travel, subject to employer agreement and the demands of the particular seat. A portfolio under stress could require considerably more attention than a normal calendar suggests. That possibility needs discussion before acceptance. I have no current directorships, but my executive obligations remain substantial. I would decline an opportunity if the time or conflicts position meant I could not participate adequately, even where the proposed subject matter matched my experience.

My independence statement

I would submit my employment, financial interests and relevant business relationships for assessment against the proposed company. A conclusion about independence belongs to that specific review, including the applicable framework and any relationships that make participation unsuitable.

Governance learning and readiness

IICA Independent Directors’ Databank: Not yet registered

This profile makes no claim of registration in India’s independent-director databank. My immediate interest is in a regional Southeast Asian appointment; any Indian role would need its own requirements and preparation examined before I described my position.

  • Study of property-company financial statements, cash commitments and the distinction between development returns and operating income
  • Preparation on nomination and remuneration committee responsibilities
  • Discussion with experienced directors about collective oversight and the treatment of unresolved management assumptions

Committee contribution

Chair and member readiness
CapacityCommittees
Ready to joinNomination, remuneration or people-related committee where the agreed remit matches my experience

Board and committee exposure

Presented to the Board or a committee

Tervana Developments

Board and remuneration committee

2020–present

Executive papers on leadership continuity, organisational responsibilities and material workforce investments; no board or committee seat.

Capacity and preferences

Time available
24 days per year
Current directorships
0
Sectors
Property development · Operating real-estate businesses · Services supporting long-lived built assets
Company type
A privately held or institutionally backed Southeast Asian property business
Company stage
Portfolio transition or a change in the relationship between development and operating assets

The seat I am pursuing

I am interested in a first board contribution to a privately held or institutionally backed property business in Southeast Asia, particularly one examining a portfolio transition or the relationship between development and long-term operations. The institution should have strong financial, technical and investment expertise alongside a defined need for organisational judgement. I would want the chair to explain the contribution expected and the preparation required. This fictional account is an expression of possible fit, not an eligibility finding or evidence of appointment. The useful opportunity would allow me to ask practical questions about continuity while learning the whole enterprise and accepting the shared responsibilities of the board.