Board of DirectorsShare
Appointed as a Director and Executive Chairman of City Developments Limited (CDL) on 1 October 1969 and 1 January 1995 respectively, Mr Kwek was last reappointed as a Director on 20 April 2016. He also sits on the Board Committee (BC) and the Nominating Committee (NC) of CDL.
Mr Kwek is the non-executive Chairman of Millennium & Copthorne Hotels plc (M&C). He is the Chairman and Managing Director of Hong Leong Finance Limited (HLF) and the Executive Chairman of Hong Leong Investment Holdings Pte. Ltd. (HLIH), the immediate and ultimate holding company of CDL. Mr Kwek is also the non-executive Chairman of Hong Leong Asia Ltd. (HLA) but would be stepping down as Chairman and Director of HLA at its upcoming annual general meeting in April 2017. HLA, HLF and M&C are subsidiaries of HLIH and thus, are related companies under the Hong Leong Group of companies. In the preceding 3-year period, he was the Chairman and Managing Director of City e-Solutions Limited (CES) until his resignation on 9 September 2016 after CES ceased to be a subsidiary of CDL.
Mr 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 business.
Mr Kwek’s other appointments include being a member of the East Asia Council of INSEAD since its inception in 2003, a board member of the Singapore Hotel Association and a Fellow of the Singapore Institute of Directors. He was also conferred an Honorary Doctorate of Business Administration in Hospitality from Johnson & Wales University (Rhode Island, US) and an Honorary Doctorate from Oxford Brookes University (UK).
Mr Kwek was presented with several awards in 2015, namely the Singapore Chinese Chamber of Commerce and Industry SG50 Outstanding Chinese Business Pioneers Award, which honours the Republic’s outstanding Chinese business pioneers and their exemplary contributions to nation-building; the Best Singaporean Investor to Italy Award which was presented by the Italian Chamber of Commerce in Singapore to business people who have made impactful investments in Italy and helped to boost bilateral ties between Italy and Singapore; and the Lifetime Achievement Award from Hotel Investment Conference Asia Pacific (HICAP), which honours exceptional individuals who have distinguished themselves through their accomplishments and contributions to expanding, enhancing and advancing the hotel industry in the Asia Pacific region and the world.
Other prestigious awards received in the past include the inaugural Real Estate Developers’ Association of Singapore (REDAS) Lifetime Achievement Award in 2014 which was introduced to honour a pioneering group of real estate industry leaders in Singapore, and the “Partners in the Office of the CEO” in the Brendan Wood International – Securities Investors Association Singapore (SIAS) TopGun CEO Designation Award in 2012 which was jointly accorded to the late Mr Kwek Leng Joo (former Deputy Chairman of CDL). The latter award was accorded to CEOs who are best in class rated by shareholders.
Appointed a Director of CDL on 1 August 1987, Mr Kwek was last re-elected as a Director on 20 April 2016. He is a member of the BC of CDL. Mr Kwek is an Executive Director of HLA and HLIH. He is also the non-executive Chairman of Tasek Corporation Berhad (TCB) and a non-executive Director of HLF, M&C and China Yuchai International Limited (CYI). HLA, HLF, M&C, TCB and CYI are subsidiaries of HLIH and thus, are related companies under the Hong Leong Group of companies.
Mr Kwek has many years of experience in trading, manufacturing, property investment and development, hotel operations, corporate finance and management.
Appointed a Director of CDL on 11 May 2009, Mr Yeo was last re-elected as a Director on 22 April 2015. He is also the Chairman of the NC and a member of the RC and the Board Sustainability Committee (BSC) (formerly known as Corporate Social Responsibility & Corporate Governance Committee) of CDL.
Mr Yeo is Chairman of SPRING Singapore, a government development agency. He is also the Chairman of Economic Development Innovations Singapore Pte Ltd (EDIS) which provides strategic advice and undertakes the development and management of integrated industrial and urban areas with an emphasis on job creation and industrial cluster development.
Mr Yeo is an independent Director of Hitachi Ltd, Baiterek National Managing Holding and Kerry Logistics Network Limited and the Chairman of Accuron Technologies Limited, Hexagon Development Advisors Pte. Ltd. And MTIC Holdings Pte. Ltd.
Mr Yeo holds a Bachelor of Applied Science (Industrial Engineering), an honorary Doctorate in Engineering from the University of Toronto, Canada, an honorary Doctorate in Medicine from the Karolinska Institutet, Sweden, a Master of Science (Systems Engineering) from the University of Singapore, a Master of Business Administration from Harvard University, USA, a 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. He also received the Order of the Rising Sun, Gold and Silver Star from the Government of Japan (2007) and the Distinguished Service (Star) award from the Singapore Labour Movement, National Trade Union Congress (2008).
Appointed a Director of CDL on 2 February 2012, Mr Tan was last re-elected as a Director on 22 April 2015. He also sits on the BSC of CDL.
Mr Tan is the Managing Director of Magni-Tech Industries Berhad and Coronation Springs Sdn. Bhd., which is involved in niche property development. He has been named as one of the best CEOs of companies listed in nine sectors on Bursa Malaysia in 2016.
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 services.
Appointed a Director of CDL on 26 July 2012, Mr Chan was last re-elected as a Director on 20 April 2016. He is the Lead Independent Director and is also the Chairman of the ARC, the RC and the BSC, and a member of the BC and the NC.
Mr Chan is a founder and the Chief Executive Officer of Thoughts Advisory Pte. Ltd. which provides consultancy services to entrepreneurs to further develop their strategic and business plans.
Mr Chan has more than 35 years of experience working in a public accounting firm environment, serving as audit partner with KPMG LLP (KPMG) from 1989 to 2001, and subsequently as partner in charge of Transaction Services at KPMG until his retirement in September 2011. He was the audit engagement partner for CDL for a number of years until 1999.
Mr Chan is a member of the Institute of Singapore Chartered Accountants and a Fellow of the Association of Chartered Certified Accountants.
Appointed a Director of CDL on 7 May 2014, Ms Tan was last re-elected on 22 April 2015. She also sits on the BC and the ARC of CDL.
Ms Tan is an Adjunct Associate Professor of the Nanyang Business School, Nanyang Technology University (NTU), and a Fellow of the Institute of Singapore Chartered Accountants and a member of the Singapore Institute of Directors.
Ms Tan graduated with First Class Honours degree in Accountancy from NTU and has more than 18 years of accounting and auditing experience, and previously served as an audit partner with KPMG from 2003 to 2010. As an audit and advisory partner, she was closely involved in providing accounting and advisory services to clients in both the private and public sectors. Ms Tan also acted as the Reporting Accountant and auditor for several companies listed on the Singapore Exchange, but was not involved in any KPMG audit engagement with the CDL group.
Since her retirement as a practising accountant, Ms Tan, at the request of KPMG, served as principal advisor from 2010 to 2011 on matters related to the healthcare industry, and assisted the firm in establishing the AsPAC Healthcare network. She has also been contributing actively to the non-profit sector and is a member of the Audit Committee (non-board position) of Jurong Health Services Pte. Ltd. and Medifund Committee of Vanguard Healthcare.
Appointed a Director of CDL on 5 September 2016, Mr Koh also sits on the ARC of CDL.
Mr Koh held the role of Vice Chairman and General Manager of Bank of America NT & SA Singapore Branch (BOA) from 2012 until his retirement in April 2016. In his last newly created role with BOA, he was responsible for grooming new senior local talent and assisted with the transition resulting from the merger of Bank of America (Singapore Branch) and Merrill Lynch Singapore. He was the principal officer liaising with the Regulators to ensure that all material weaknesses in the system were addressed and chaired the local branch management committee which comprised the heads of the various business lines and enterprise control and operational functions to discuss and resolve strategic issues.
Mr Koh’s experience included a broadened function involving oversight responsibilities for compliance (regulatory, anti-money laundering, fraud detection/escalation and remediation protocols including code of ethics and conduct), finance (audit, tax and financial reporting and disclosure processes), human resource and enterprise risk matters.
Mr Koh holds a Bachelor of Business Administration from the University of Hawaii.
As at 25 April 2017