Perennial Real Estate Holdings Limited announced that Mr. Liak Teng Lit will be appointed Group Chief Operating Officer with effect from 6 March 2017. Concurrently, Perennial announced that Mr. Goh Soon Yong will be stepping down on the same day as Group COO to devote more time for his personal pursuits. Mr. Liak, in his capacity as Group COO, will assist the CEO of Perennial to oversee and manage the general business of Perennial. Liak was previously Group CEO of Alexandra Health System for over four years. Liak is currently the Chairman of National Environment Agency. He also serves on the boards of Alexandra Health System, NTUC Health Co-operative Limited, Pathlight School, Civil Service College's Service Management Advisory Panel, and the Board of Advisors of the Institute of Service Excellence and the School of Information Systems at the Singapore Management University.