Board of Directors

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 24 April 2013 pursuant to Section 153(6) of the Companies Act, Chapter 50 (Section 153(6)), he also sits on the Nominating Committee (NC).

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) and also the Executive Chairman of Hong Leong Investment Holdings Pte. Ltd., the immediate and ultimate holding company 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 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 (UK).

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 shareholders.

In February 2014, Mr Kwek was also presented the inaugural Real Estate Developers’ Association of Singapore (REDAS) Lifetime Achievement Award which was introduced to honour a pioneering group of real estate industry leaders in Singapore.


Appointed a Director of CDL on 8 February 1980, Mr Kwek assumed the position of Deputy Managing Director in 1987 and held the role of CDL’s Managing Director from January 1995 until his appointment as Deputy Chairman of CDL on 17 February 2014. Mr Kwek is also the chairman of the Corporate Social Responsibility & Corporate Governance (CSR & CG) Committee of CDL. He is 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.

Mr Kwek contributes actively to the business and civic communities through many public appointments. He served as the President of the Singapore Chinese Chamber of Commerce and Industry (SCCCI) from 1993-1997 and 2001 2005 and is currently the Honorary President of SCCCI. He is the Chairman of the Board of Trustees of National Youth Achievement Award Council, Trustee of The Duke of Edinburgh’s International Award Foundation, member of the Board of Trustees of Nanyang Technological University and Singapore Management University’s Master of Tri-sector Collaboration Advisory Group. He is also a member of the Climate Change Network and Marina Bay Public Art Advisory Panel, as well as an Honorary Fellow of the Society of Project Managers.

Mr Kwek has been a dedicated advocate of CSR for close to two decades, and his vision has established CDL’s reputation as a leading green building champion and a forerunner in CSR, raising the bar for Singapore’s real estate industry and driving change for the building sector. To raise the importance of CSR in the business community in Singapore, Mr Kwek was elected 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 Singapore. Mr Kwek was also appointed as Justice of the Peace by the Prime Minister’s Office in May 2013.

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.


Appointed a Director of CDL on 29 March 1995, Mr Chee was last re-appointed on 24 April 2013 pursuant to Section 153(6). He is also the chairman of the Audit & Risk Committee (ARC), NC and Remuneration Committee (RC) and the Lead Independent Director of CDL. Mr Chee, who will be retiring at the forthcoming Annual General Meeting of CDL pursuant to Section 153(6), will not be seeking re-appointment as a Director.

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 24 April 2013 pursuant to Section 153(6). He also sits on the ARC and NC.

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 non-executive Director of HLF, M&C and China Yuchai International Limited.

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 re-appointed a Director on 24 April 2013 pursuant to Section 153(6). He also sits on the ARC and RC.

Mr Tang, an Advocate & Solicitor of the Supreme Court of Singapore and a Barrister-at-law, Middle Temple, is presently a Consultant with the law firm of David Lim & Partners LLP. He also holds a Bachelor of Science (Honours) degree in Economics from the London School of Economics (University of London).

Mr Tang also sits on the board of Dutech Holdings Limited. In the preceding 3-year period, he was an independent Director of G.K. Goh Holdings Limited and New Toyo International Holdings Ltd until his retirement in April 2013. 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 RC and CSR & CG Committee.

Mr Yeo is Chairman of SPRING Singapore, a government development agency. He is the Chairman of Economic Development Innovations Singapore Pte Ltd (EDIS) which is focused on developing and managing integrated cities and providing industrial development advice to overseas governments.

Mr Yeo is an independent non-executive Director of Hitachi Ltd of Japan and the Chairman of Accuron Technologies Limited, Singapore Aerospace Manufacturing Private Limited, Ascendas Property Fund Trustee Pte. Ltd., Hexagon Development Advisors Pte. Ltd. and MTIC 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), 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 on 27 April 2012. He also sits on the CSR & CG Committee.

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.

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 also sits on the ARC.

Mr Chan is a founder and the Chief Executive Officer of Thoughts Advisory Pte. Ltd. which provides consultancy services to work with 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 Singapore Chartered Accountants and a Fellow of the Association of Chartered Certified Accountants.

 

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