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Singapore-based shipping and logistics company NOL Group has appointed former real-estate executive Olivier Lim to its board of directors.

Lim, chief investment officer at Singapore's CapitaLand Limited, joins the board on April 12.

"We are pleased to add an executive with the skill of Olivier Lim to the board," said NOL chairman Cheng Wai Keung.

"We will benefit greatly from his experience as a leader in business and finance," said director Kwa Chong Seng, who will succeed Cheng as chairman following NOL's annual general meeting on April 11. 

Lim spent six years as CapitaLand's CFO before becoming chief investment officer in early 2012. Before that, he led the real estate unit in corporate banking at Citibank in Singapore.