City Developments Limited: The Company - Board of
Kwek Leng Beng
Appointed as Director and Executive Chairman of City
Developments Limited (CDL) on 1 October 1969 and 1 January 1995 respectively, Mr
Kwek was last re-appointed on 27 April 2012 pursuant to Section 153(6) of the
Companies Act, Chapter 50 (Section 153(6)). He also sits on the Nominating
Committee of CDL.
Mr Kwek is the non-executive Chairman of Hong Leong
Asia Ltd. (HLA) and Millennium & Copthorne Hotels plc (M&C). He is also
the Chairman and Managing Director of Hong Leong Finance Limited (HLF) and City
e-Solutions Limited (CES). There were no changes in Mr Kwek’s
directorships in listed companies in the preceding 3-year period.
Kwek holds a law degree, LL.B (London) and is also a fellow of The Institute of
Chartered Secretaries and Administrators. He has extensive experience in the
finance business, having grown from day one with the original Hong Leong Finance
Limited which has since merged its finance business with Singapore Finance
Limited (now known as HLF). He also has vast experience in the real estate
business, the hotel industry as well as the trading and manufacturing
Mr Kwek’s other appointments include being a member of
the East Asia Council of INSEAD since its inception in 2003 and a board member
of Singapore Hotel Association. He was also conferred Honorary Doctorate of
Business Administration in Hospitality from Johnson & Wales University
(Rhode Island, US) and Honorary Doctorate from Oxford Brookes University
At the Securities Investors Association Singapore (SIAS)
Investors’ Choice Awards in October 2012, Mr Kwek together with Mr Kwek
Leng Joo, emerged joint winners as "Partners in the Office of the CEO"
in the Brendan Wood International – SIAS TopGun CEO Designation Award.
This Award is accorded to CEOs who are best in class rated by
Appointed as Director and Managing Director of CDL on 8
February 1980 and 1 January 1995 respectively, Mr Kwek is the chairman of the
Corporate Social Responsibility & Corporate Governance (CSR & CG)
Committee. He is also an Executive Director of CES and a non-executive Director
of HLF. In the preceding 3-year period, he was a non-executive Director of
M&C until May 2011.
Mr Kwek holds a Diploma in Financial Management
and has extensive experience in property development and investment.
Kwek contributes actively to the business community through several public
appointments including Honorary President of the Singapore Chinese Chamber of
Commerce and Industry. He is also the Chairman of the Board of Trustees of
National Youth Achievement Award Council and a member of the Board of Trustees
of Nanyang Technological University, National Climate Change Network and Marina
Bay Public Advisory Panel.
To raise the importance of Corporate Social
Responsibility (CSR) in the business community in Singapore, Mr Kwek was elected
as the President
of Singapore Compact for CSR, which is the national CSR society and
country focal point for the United Nations (UN) Global Compact in
Mr Kwek emerged joint winners together with Mr Kwek Leng
Beng, as "Partners in the Office of the CEO" in the Brendan Wood
International – SIAS TopGun CEO Designation Award given out at the SIAS
Investors’ Choice Awards in October 2012. This Award is accorded to CEOs
who are best in class rated by shareholders.
Appointed a Director of CDL on 29 March 1995, Mr Chee
was last reappointed on 27 April 2012 pursuant to Section 153(6). He is also the
chairman of the Audit & Risk, Nominating and Remuneration Committees of CDL
and was appointed as Lead Independent Director of CDL on 28 February 2012. There
were no changes in Mr Chee’s directorships in listed companies in the
preceding 3-year period.
Mr Chee had previously held the position of
Auditor General for more than 20 years and had served on the board of Inland
Revenue Authority of Singapore. Mr Chee holds a Bachelor of Arts (Honours)
degree in Geography from University of Malaya.
Appointed a Director of CDL on 2 June 1986, Mr Foo was
last re-appointed on 27 April 2012 pursuant to Section 153(6). He also sits on
the Audit & Risk and Nominating Committees of CDL. There were no changes in
Mr Foo’s directorships in listed companies in the preceding 3-year
Mr Foo holds a Bachelor of Law degree from the National
University of Singapore and is a partner of a law firm. He presently sits on the
boards of various companies in the CDL Group.
Appointed a Director of CDL on 1 August 1987, Mr Kwek
was last re-elected on 20 April 2011. He is an Executive Director of HLA. Mr
Kwek is also the non-executive Chairman of Tasek Corporation Berhad and a
nonexecutive Director of HLF, M&C and China Yuchai International Limited. In
the preceding 3-year period, he was an Executive Director of CES until April
Mr Kwek holds a Diploma in Accountancy and has many years of
experience in trading, manufacturing, property investment and development, hotel
operations, corporate finance and management.
Appointed a Director of CDL on 28 August 1995, Mr Tang
was last reappointed a Director on 27 April 2012 pursuant to Section 153(6). He
also sits on the Audit & Risk and Remuneration Committees of
Mr Tang, an Advocate & Solicitor of the Supreme Court of
Singapore and a Barrister-at-law, Middle Temple, is presently the Consultant
with the law firm of David Lim & Partners LLP, Singapore. He also holds a
Bachelor of Science (Honours) degree in Economics (University of London).
Mr Tang also sits on the boards of G.K. Goh Holdings Limited, New Toyo
International Holdings Ltd and Dutech Holdings Limited. In the preceding 3-year
period, he was the non-executive Chairman of HupSteel Limited until his
retirement in October 2010. Mr Tang’s other appointments include being the
honorary legal adviser to Ren Ci Community Hospital, Singapore Hospice Council
and Nanyang Girls’ High School and Trustee of Dover Park Hospice.
Appointed a Director of CDL on 11 May 2009, Mr Yeo was
last re-elected on 28 April 2010. He also sits on the Remuneration and CSR &
CG Committees of CDL.
Mr Yeo is the Chairman of SPRING Singapore, a
government development agency with the mission of nurturing local enterprises
especially small and medium enterprises. He is a member of the United Nations
Committee of Experts in Public Administration (CEPA), established by the
Economic and Social Council (ECOSOC) from 2010-2013 for the promotion and
development of public administration and governance among Member States, in
connection with the United Nations Development Agenda.
Mr Yeo is an
independent non-executive Director of Hitachi Ltd of Japan from June 2012 and he
is also the Chairman of Accuron Technologies, Singapore Aerospace Manufacturing
Private Limited, Ascendas Property Fund Trustee Pte. Ltd. and Hexagon
Development Advisors Pte. Ltd. and MTI C Holdings Pte. Ltd. In the preceding
3-year period, he was an independent non-executive Director of United Overseas
Bank Limited until his retirement in April 2012.
Mr Yeo holds a
Bachelor of Applied Science (Industrial Engineering) from the University of
Toronto, Canada, a Master of Science (Systems Engineering) from the University
of Singapore and a Master of Business Administration from Harvard University,
USA. He received an honorary Doctorate in Engineering from the University of
Toronto, an honorary Doctorate in Medicine from the Karolinska Institutet,
Sweden, an honorary Doctor of Science from Imperial College, London, an honorary
Doctor of Letters from National University of Singapore and an honorary Doctor
of Law from Monash University of Australia.
Appointed a Director of CDL on 2 February 2012, Mr Tan
was last re-elected on 27 April 2012. He also sits on the CSR & CG
Mr Tan is the Managing Director of Magni-Tech Industries
Berhad since 2000. He is also the Managing Director of Coronation Springs Sdn.
Bhd. which is involved in niche property development. There were no changes in
Mr Tan’s directorships in listed companies in the preceding 3-year
Mr Tan holds a diploma in Hotel Management, Switzerland and has
more than 20 years of experience in various business sectors which include
manufacturing, housing development, marketing, retailing and healthcare
Appointed a Director of CDL since 26 July 2012, Mr Chan
also sits on the Audit & Risk Committee of CDL.
Mr Chan is a
founder and currently the Chief Executive Officer of Thoughts Advisory Pte Ltd,
a private limited company incorporated in Singapore. Thoughts Advisory Pte Ltd
provides consultancy services to assist entrepreneurs to further develop their
strategic and business plans. He had been a practising public accountant for the
past 22 years (prior to his retirement in September 2011).
Mr Chan is a
member of the Institute of Certified Public Accountants of Singapore and a
Fellow of the Association of Chartered & Certified Accountants.