Valerie Ong

Group Chief Executive Officer, KIP Group Companies non-independent non-executive Director, KIP REIT Management Sdn Bhd


(Non-IndependentNon-Executive Director) 2018 – Present
Valerie was appointed as the Non-Independent Non-Executive Director to the Board of KIP REIT Management Sdn Bhd, the Manager for KIP Real Estate Investment Trust (KIP REIT) on 30 November 2018. Her role is to ensue corporate accountability by providing unbiased and independent views as well as contributing her knowledge and experience towards the corporate decision-making process.

KIP GROUP OF COMPANIES (Group ChiefExecutive Officer) 2012 – Present

Valerie joined the group in 2012 and was appointed as the Group Chief Executive Officer in 2017. She works closely with the Board of Directors, serving as the Director of Corporate Operations and as the bridge between the divisions within the company. KIP Group of companies comprises property development (residential, commercial, shopping malls), retail management at KIPMalls, as well as hospitality in the form of KIP Hotel. On the group level, Valerie directs the company’s goals and vision, partnering with high-level officers to grow and strengthen the company’s position in the industry and to ensure its sustainability. On the management level, Valerie works with all divisions’ heads and closely monitors the progress of development, operational and financial performance. She also liaises with the Chief Financial Officer in the preparation of annual budgets, complete risk analysis on potential investments, and advises the Board of Directors with regard to investment risk and return.

Her role also requires her to collaborate with Human Resources Department regarding maintaining best hiring practices, payroll management, benefit disbursement, overseeing quality control and establishing goals for eachdepartment in partnership with division managers.

To date, she has developed more than 2.7 million square feet of properties with a gross development value (GDV) of RM1.3 billion. During her tenure, she has also built two shopping malls – namely KIPMall Kota Warisan (opened in 2017), KIPMall Desa Coalfields (opened in 2020) and two more under construction, namely KIPMall Kuantan master leased to Lotuss’ (target to open in 2022) and KIPMall Sungai Petani. Under the wing, she has leased more than half a million square feet of retail space.

Serving as the Marketing and Branding Manager of the company, Valerie was responsible for the promotion and strategies set to establish and grow the brand presence in the market by developing and improving products and services through marketing strategies, monitoring competitions, performing market research, analyzing market data and collaborating with media partners. She was also involved in a rebranding exercise and thus implemented e-commerce systems and social media to the company.