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2021-02-18

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KKR Asia-Pacific managing director quits: sources

[SINGAPORE] Terence Lee, KKR & Co's managing director for the Asia-Pacific, has resigned from the bu

KKR Asia-Pacific managing director quits: sources

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Following his departure, he has also stepped down from the boards of companies where he represented KKR, said one the people, who asked not to be named as the information is private.</p>\n<p>Prior to his resignation, Mr Lee sat on the boards of companies including Voyager Innovations in the Philippines, PropertyGuru in Singapore, Gojek in Indonesia, and Weststar Aviation Services in Malaysia, according to the company's website. He also served as a member of the firm's global impact investment committee.</p>\n<p>Mr Lee, a graduate of The Wharton School of the University of Pennsylvania, joined KKR in 2010. He was previously with CVC Capital Partners Asia Pacific in Singapore. He also had a stint in investment banking with Morgan Stanley in the city-state, and equity research and analysis with Lehman Brothers in New York.</p>\n<p>A representative from KKR declined to comment. 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Following his departure, he has also stepped down from the boards of companies where he represented KKR, said one the people, who asked not to be named as the information is private.\nPrior to his resignation, Mr Lee sat on the boards of companies including Voyager Innovations in the Philippines, PropertyGuru in Singapore, Gojek in Indonesia, and Weststar Aviation Services in Malaysia, according to the company's website. He also served as a member of the firm's global impact investment committee.\nMr Lee, a graduate of The Wharton School of the University of Pennsylvania, joined KKR in 2010. He was previously with CVC Capital Partners Asia Pacific in Singapore. He also had a stint in investment banking with Morgan Stanley in the city-state, and equity research and analysis with Lehman Brothers in New York.\nA representative from KKR declined to comment. 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