THE MANAGERBoard of Directors

Bachelor of Arts (Honours), University of Singapore
Associate, Chartered Institute of Bankers

Date of first appointment as a Director: 20 April 2017
Date of appointment as Chairman: 20 April 2017
Length of service as a director (as at 31 December 2020): 3 years 8 months

Present principal commitments

• ORIX Investment and Management Private Limited (Chairman)
• ORIX Leasing Singapore Limited (Chairman)

Background and working experience

• Senior Managing Director of DBS Bank Ltd. (was with DBS Bank Ltd. from 1971 to 2000 where he held various senior management positions)

Awards

• Public Service Medal (2007)
• May Day Award (Friend of Labour) (2012)

Bachelor of Accountancy (Honours), Nanyang Technological University of Singapore
Chartered Financial Analyst® and Member, CFA Institute

Date of first appointment as a Director: 1 April 2017
Length of service as a Director (as at 31 December 2020): 3 years 9 months

Board committee served on

• Executive Committee (Member)

Background and working experience

• Chief Executive Officer (Designate) of CapitaLand Retail China Trust Management Limited (March 2017)
• Deputy Chief Executive Officer of CapitaLand Retail China Trust Management Limited (From December 2016 to February 2017)
• Regional General Manager, North China of CapitaMalls Asia Limited (now known as CapitaLand Mall Asia Limited) (From March 2014 to February 2017)
• Regional Deputy General Manager, North China of CapitaMalls Asia Limited (From July 2013 to February 2014)
• General Manager, Investment & Asset Management, North China of CapitaMalls Asia Limited (From September 2011 to July 2013)
• Deputy Head, Investment & Asset Management of CapitaMalls Asia Limited (From April 2010 to September 2011)
• Vice President, Investment & Asset Management of CapitaRetail China Trust Management Limited (From October 2008 to December 2014)
• Senior Manager of CapitaRetail China Trust Management Limited (From January 2007 to September 2008)
• Senior Manager of CapitaMall Trust Management Limited (From July 2005 to December 2006)
• Vice President, Wholesale Banking (Real Estate) of Standard Chartered Bank (From 2001 to 2005)
• Assistant Manager of KPMG (From 1997 to 2001)

Bachelor of Accountancy (Honours), University of Singapore

Date of first appointment as a Director: 1 January 2013
Length of service as a Director (as at 31 December 2020): 8 years

Board committee served on

• Audit Committee (Chairman)

Present directorships in other listed companies

• Colex Holdings Limited
• Kwan Yong Holdings Limited
• Livingstone Health Holdings Limited
• Sheng Ye Capital Limited
• TA Corporation Ltd.

Present principal commitments

• Agency for Integrated Care Pte. Ltd. (Director)
• Singapore Health Services Pte Ltd (Director)
• Singapore Turf Club (Member, Management Committee)
• Surbana Jurong Private Limited (Director)

Past directorships in other listed companies held over the preceding three years

• Asian American Medical Group Limited

Background and working experience

• Director, Special Duties of Singapore Totalisator Board (From July 2004 to December 2014)
• Senior Vice President, Corporate Services of Singapore Turf Club (From May 2000 to June 2004)
• Deputy General Manager, Corporate Services of Singapore Turf Club (From May 1998 to May 2000)
• Chief Financial Officer of Easycall International Pte Ltd/ Matrix Telecommunications Ltd (From June 1996 to April 1998)
• General Manager, Corporate Services of Amcol Holdings Limited (From October 1993 to May 1996)
• Assistant Auditor-General of Auditor-General’s Office (From February 1987 to September 1993)
• Divisional Director of Auditor-General’s Office (From May 1980 to January 1987)
• Auditor of Auditor-General’s Office (From November 1975 to April 1979)

Award

• Institute of Certified Public Accountants of Singapore Silver Medal (1999)

Bachelor of Arts in Law (Honours), University of Nottingham, UK
Chartered Financial Analyst® and Member, CFA Institute

Date of first appointment as a Director: 24 January 2014
Length of service as a Director (as at 31 December 2020): 6 years 11 months

Board committee served on

• Audit Committee (Member)

Present principal commitments

• Institute of Policy Studies, Lee Kuan Yew School of Public Policy, National University of Singapore (Senior Research Fellow)
• Department of Real Estate, National University of Singapore (Senior Research Fellow)
• Raffles Girls’ School (Member, Board of Governors)
• St. Joseph’s Institution Junior (Member, School Council)

Background and working experience

• Head, Singapore Equities Research of J.P. Morgan Securities Singapore Private Limited (From July 2002 to February 2012)
• Head, Asia Real Estate Equities Research of J.P. Morgan Securities Singapore Private Limited (From September 2006 to February 2012)
• Head, Singapore and Malaysia Equities Research of ING Barings Securities (From June 2000 to June 2002)
• Head, Malaysia Equities Research and Investment Analyst of ING Barings Securities Malaysia Sdn. Bhd. (From June 1994 to June 2000)
• Audit and Corporate Recovery of Price Waterhouse, London (From September 1990 to March 1994)

Bachelor in Economics, Princeton University, USA
PhD in Economics, Stanford University, USA

Date of first appointment as a Director: 31 October 2014
Length of service as a Director (as at 31 December 2020): 6 years 2 months

Board committee served on

• Audit Committee (Member)

Present principal commitments

• APS Asset Management Pte Ltd (Director)
• Changi Airport Group (Singapore) Pte. Ltd. (Director)
• Nanyang Technological University of Singapore (Professor of Economics)
• Surbana Jurong Private Limited (Director)

Background and working experience

• Senior Economist, Beijing Office of World Bank (From July 2002 to July 2005)
• Member, Expert Group on the 11th Five Year Plan of World Bank (2004)
• Chief Economist of The Ministry of Trade and Industry (From July 1999 to June 2002)
• Head, Department of Business Policy at NUS Business School of National University of Singapore (From 1988 to 1999)

Bachelor of Commerce (Honours), Nanyang University, Singapore

Date of first appointment as a Director: 20 April 2017
Length of service as a Director (as at 31 December 2020): 3 years 8 months

Board committee served on

• Audit Committee (Member)

Present directorship in other listed company

• China Yuchai International Limited (NYSE)

Present principal commitment

• Octagon Advisors Pte. Ltd. (Managing Director, Advisory Services)

Background and working experience

• Country Officer (China) and Head, Corporate Banking (Greater China) of United Overseas Bank Ltd (From July 2001 to January 2005)
• General Manager (Leasing and Corporate Services) of Sino Land Co Ltd (From January 1994 to August 1996)
• Managing Director of DBS Bank Ltd. (was with DBS Bank group of companies from January 1976 to December 1993 and from August 1996 to July 2001 where he held various senior management positions)

Bachelor of Economics, University of Sydney, Australia
Bachelor of Laws, University of Sydney, Australia
Fellow of Australian Society of Certified Practising Accountants

Date of first appointment as a Director: 1 January 2018
Length of service as a Director (as at 31 December 2020): 3 years

Present directorship in other listed company

• RH Petrogas Limited

Present principal commitments

• CPA Australia Ltd’s Skills-Future Committee (Member)
• Legal Inquiry Panel of Singapore (Member)
• Salvia Investment Pte Ltd (Director)
• Valuation Review Board of Singapore (Member)
• WWF-World Wide Fund for Nature (Singapore) Limited (Audit Committee Member)

Background and working experience

• Chief Financial Officer of ABB Pte. Ltd. (From January 2018 to January 2019)
• Chief Executive Officer of Barclays Merchant Bank (Singapore) Ltd (From June 2014 to December 2017)
• Chief Executive Officer of Barclays Capital Futures (Singapore) Private Limited (From June 2014 to December 2017)
• Country Head and Chief Operating Officer of Barclays Bank PLC (From April 2014 to December 2017)
• Head of Tax, Asia Pacific of Barclays Capital Services Limited Singapore Branch (From October 2004 to March 2014)

Bachelor of Commerce (Economics), University of Toronto, Canada
Master in Business Administration, Rotman School of Business, University of Toronto, Canada
Chartered Financial Analyst® and Member, CFA Institute

Date of first appointment as a Director: 1 January 2018
Length of service as a Director (as at 31 December 2020): 3 years

Board committees served on

• Audit Committee (Member)
• Executive Committee (Member)

Present directorships in other listed companies

• Ascendas Funds Management (S) Limited (manager of Ascendas Real Estate Investment Trust)
• Ascott Business Trust Management Pte. Ltd. (trustee-manager of Ascott Business Trust)
• Ascott Residence Trust Management Limited (manager of Ascott Real Estate Investment Trust)
• CapitaLand Integrated Commercial Trust Management Limited (manager of CapitaLand Integrated Commercial Trust)
• CapitaLand Malaysia Mall REIT Management Sdn. Bhd. (manager of CapitaLand Malaysia Mall Trust)

Present principal commitments

• Accounting for Sustainability Circle of Practice (Member)
• CapitaLand Group (Group Chief Financial Officer)
• Institute of Singapore Chartered Accountants’ CFO Committee (Member)
• Sports Singapore (Singapore Sports Council) (Director and Chairman of Audit Committee)

Past directorships in other listed companies held over the preceding three years

• CapitaLand Commercial Trust Management Limited (manager of CapitaLand Commercial Trust¹)
• CapitaLand Mall Trust Management Limited (manager of CapitaLand Mall Trust) (from 1 May 2017 to 9 October 2019)

Background and working experience

• Group Chief Financial Officer (Designate) of CapitaLand Limited (From 25 November 2016 to 31 December 2016)
• Managing Director and Head of SEA Coverage Advisory of HSBC Global Banking (From January 2016 to December 2016)
• Managing Director and Head of SEA Real Estate of HSBC Global Banking (From January 2015 to December 2015)
• Managing Director, SEA Investment Banking of HSBC Global Banking (From April 2013 to December 2014)
• Director, SEA Investment Banking of HSBC Global Banking (From April 2010 to March 2013)
• Associate Director, Investment Banking of HSBC Global Banking (From April 2007 to March 2010)
• Associate, Investment Banking of HSBC Global Banking (From July 2004 to March 2007)

1. Delisted from the Official List of the SGX-ST on 3 November 2020