CHONG YOON CHOU Independent Non-Executive Director FIRST APPOINTMENT AS DIRECTOR 20 November 2020 LAST RE-ELECTION AS DIRECTOR 26 April 2023 BOARD COMMITTEES A N S PRESENT DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS • Leanne Capital Pte. Ltd. (Founder/Director) OTHER APPOINTMENTS • Nil PAST DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS HELD IN THE PRECEDING FIVE YEARS • Ostrum Asset Management Asia Ltd. (Chief Investment Officer, Equities) Mr Chong started his career at Aberdeen Standard Investments (Asia) Limited in 1994 as an analyst and fund manager on Asian equities. He was later transferred to Sydney as Head of Australian Equities in 2001. Subsequently, he held roles in London, Edinburgh and Philadelphia as Head of Pan-European Equities and Head of Developed Markets ex-Asia, before returning to Singapore in 2008 as Investment Director where he oversaw equity investments in seven regional offices. He was also the Managing Director of Aberdeen Asset Management Malaysia. Throughout his stint with the company, Mr Chong was involved in many restructuring initiatives in Australia and Europe whilst spearheading investment teams in various M&A projects such as the acquisition of Edinburgh Fund Managers in 2005, Deutsche Asset Management UK in 2006, Philadelphia Nationwide Financial Service US in 2007 and Credit Suisse Asset Management in 2009. He was also responsible for setting up the group’s research systems and led in transition projects during Europe’s implementation of Markets in Financial Instruments Directive II (MiFID II). Mr Chong’s 29 years of extensive experience in managing assets and funds also included his management of Asian and Emerging market equities at Ostrum Asset Management Asia Ltd, part of the Natixis Investment Management group with US$1 trillion of funds under management. Mr Chong graduated from the London School of Economics with a Bachelor of Science (Economics) in Accounting & Finance, a Master of Science in Finance and a Master of Science in Information Systems. He is also a Chartered Financial Analyst and has Leadership Development certifications at Harvard Business School and INSEAD. In 2021, he completed the INSEAD International Directors Programme. Mr Chong is also a member of the Singapore Institute of Directors. CHAN SWEE LIANG CAROLINA (CAROL FONG) Independent Non-Executive Director FIRST APPOINTMENT AS DIRECTOR 29 December 2020 LAST RE-ELECTION AS DIRECTOR 30 April 2021 Will be seeking re-election at the 2024 AGM BOARD COMMITTEES R A PRESENT DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS • CGS International Securities Singapore Pte. Ltd. (Formerly known as CGS-CIMB Securities (Singapore) Pte Ltd) (Group Chief Executive Officer) • Genting Singapore Limited* (Lead Independent Director and Nominating Committee Chairman) OTHER APPOINTMENTS • Leukemia and Lymphoma Foundation (Independent Board Member and Chairperson, Finance Subcommittee) • Singapore Exchange Securities Advisory Committee (Chairman) PAST DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS HELD IN THE PRECEDING FIVE YEARS • Nil Ms Chan has more than 30 years of experience in investment banking and financial markets. Currently the Group Chief Executive Officer of CGS International Securities Singapore Pte. Ltd. (CGS International Securities), she is responsible for the overall management and financial performance of the CGS International Securities group’s equities business, a regional franchise covering Asia Pacific (ex-Japan), as well as offices in London and New York. Ms Chan is also an independent board member of Leukemia & Lymphoma Foundation. Before this, she was the Singapore country Investment Banking CEO of CIMB Group, where she was responsible for building up their investment banking business and management of key client and regulator relationships in Singapore. Ms Chan’s career began at Oversea-Chinese Banking Corporation and she has since held several senior managerial positions in various stockbroking firms. She is also currently the Chairman of the Singapore Exchange Securities Advisory Committee and is also appointed as Lead Independent Director of mainboard-listed Genting Singapore Limited. Ms Chan was conferred the IBF (Institute of Banking and Finance of Singapore) Distinguished Fellow award in 2016. The IBF Distinguished Fellow is a significant role model who serves as a beacon of excellence for the financial industry. She holds a Bachelor of Arts degree from the National University of Singapore and a Diploma in Personnel Management from National Productivity Board. Ms Chan also obtained the Executive Diploma in Directorship from Singapore Management University - Singapore Institute of Directors in 2018. TANG AI AI MRS WONG AI AI Independent Non-Executive Director FIRST APPOINTMENT AS DIRECTOR 1 January 2022 LAST RE-ELECTION AS DIRECTOR 28 April 2022 BOARD COMMITTEES N S PRESENT DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS • Nil OTHER APPOINTMENTS • Justice of the Peace • Singapore Tourism Board (Director) • PSA International Pte Ltd (Director) PAST DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS HELD IN THE PRECEDING FIVE YEARS • Baker & McKenzie.Wong & Leow (Principal) • Baker McKenzie (Member of Global Executive Committee and Chair of Asia Pacific Region) • Climate Governance Singapore Limited (now known as CG Sing) (Director) • Singapore Tyler Print Institute (Board Member) • Yellow Ribbon Fund (Chairman) Mrs Wong Ai Ai, until her retirement in July 2023, was the Principal in Baker & McKenzie.Wong & Leow. During her three decades-long career with Baker McKenzie (“Firm”), she led a range of landmark transactions for bluechip clients, and served in global management and leadership roles at the highest levels of the Firm, including serving as a member of Global Executive Committee and chair of the Asia Pacific region. As a transactional lawyer, Mrs Wong was recognised as a leading individual and eminent practitioner for corporate/M&A matters by publications including Chambers Asia Pacific, Legal 500 Asia Pacific and IFLR1000. Mrs Wong was a founding steering committee member of Climate Governance Singapore Limited (now known as CG Sing), an initiative led by World Economic Forum to educate nonexecutive directors on the opportunities and challenges for their companies arising from climate change and its consequences. She stepped down as a Director of CG Sing in October 2023. Mrs Wong is a Justice of the Peace, a member of the Public Service Commission’s Disciplinary Panel of Persons and a member of the Board of Visiting Judges (BOVJ) and Board of Inspection (BOI) appointed by the Ministry of Home Affairs, Singapore. She graduated from the University of Kent, with a Bachelor of Arts in Law First Class Honours, and holds a Master of Law from Harvard University Law School. She is admitted to practice in Singapore, New York, England and Wales (Grays Inn). Mrs Wong is also a member of the Singapore Institute of Directors. TAN KIAN SENG Independent Non-Executive Director FIRST APPOINTMENT AS DIRECTOR 10 March 2023 LAST RE-ELECTION AS DIRECTOR 26 April 2023 BOARD COMMITTEES A PRESENT DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS • Nil OTHER APPOINTMENTS • Nil PAST DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS HELD IN THE PRECEDING FIVE YEARS • CDL Investments New Zealand Limited* • First Sponsor Group Limited * • Grand Plaza Hotel Corporation* • Millennium & Copthorne Hotels New Zealand Limited* • Millennium & Copthorne Hotels plc* (delisted and privatised in 2019 and now known as Millennium & Copthorne Hotels Limited) (“M&C”) Mr Tan has extensive experience in the hospitality and manufacturing sectors, having held various senior positions in international businesses. He had served on the boards of companies listed in SGX-ST, London Stock Exchange, New Zealand Stock Exchange and Philippines Stock Exchange. Mr Tan also has diverse management experience in Finance, Legal, Investor Relations, Business Development, Human Resource and Information Technology in various corporations and regions including South East Asia, China, United Kingdom and United States of America. Mr Tan joined M&C as Group Chief of Staff in October 2016 and held several senior executive level positions in various functions and jurisdictions until he retired as the interim Chief Executive Officer (“CEO”) of M&C at end 2019. During his tenure at M&C, he was a Non-Executive Director of Millennium & Copthorne Hotels New Zealand Limited and CDL Investments New Zealand Limited, both of which are listed on the New Zealand Stock Exchange and served as the President, Chairman of the board and a member of the Nominating Committee of Grand Plaza Hotel Corporation, which is listed in the Philippines. Prior to joining the M&C Group, he served as an advisor to the CEO and Chairman of Venture Corporation Limited (“Venture”), a company listed on the SGX-ST. Mr Tan joined Venture in 2001 and held senior roles in various jurisdictions, including the Vice President of Operations in Malaysia until February 2006, Chief Financial Officer until February 2012 and Group President from 2011 until February 2016. Mr Tan holds a Diploma of Accountancy from Leeds Beckett University. He is an Associate of the Institute of Chartered Accountants in England and Wales. Mr Tan is also a member of the Malaysian Institute of Accountants and the Singapore Institute of Directors. BOARD OF DIRECTORS AS AT 22 MARCH 2024 CORPORATE GOVERNANCE 33 32 CORPORATE GOVERNANCE ANNUAL REPORT 2023 CITY DEVELOPMENTS LIMITED
RkJQdWJsaXNoZXIy ODIwNTc=