Singapore – Surbana Jurong Group is pleased to announce that its employee Mr Gareth Wong has been selected to join the World Economic Forum (WEF)’s cohort of Young Global Leaders (YGLs) for 2021. Gareth is Chief Executive Officer of Mitbana Pte. Ltd, the group’s joint venture fund management company with Mitsubishi Corporation, one of Japan’s leading trading houses.

Speaking after his appointment, Gareth said: “I’m deeply honoured and tremendously excited to be joining the Forum’s 2021 Class of YGLs. YGLs play an integral role in supporting the Forum’s vision to create a more sustainable future for the global community. I look forward to contributing my experience and ideas, as well as learning from my counterparts from across the globe. By harnessing our collective diverse resources, I believe we can make a positive change in our respective fields.”

As CEO of Mitbana, Gareth is responsible for a deployable capital base of US$500 million aimed at catalysing and crowding in third-party institutional capital to develop Townships & Transit- Oriented Developments (TODs) in ASEAN and South Asia. In September last year, Mitbana announced that it had embarked on a greenfield venture with leading Indonesian developer Sinar Mas Land to transform over 100 hectares of land in its flagship town Bumi Serpong Damai (BSD) City, in Greater Jakarta, into smart and sustainable transit-oriented developments.

Gareth is also a member of the World Cities Summit (WCS) Young Leaders programme organised by the Centre for Liveable Cities, Singapore. Held biennially, the WCS is platform for government leaders and industry experts to address liveable and sustainable city challenges and to collaborate on integrated urban solutions.