board of directors - CapitaCommercial Trust

oard of directors7891 Mr Richard E. HaleChairman4 Mr Ho Swee HuatIndependent Director7 Mr Wen Khai MengDirector6431 252Mr Liew Mun LeongDeputy Chairman5 Mr Fong Kwok JenIndependent Director8 Mr Olivier Lim Tse GhowDirector3 Ms Lynette LeongChief Executive Officer6 Dato’ Mohammed HusseinIndependent Director9 Mr Ee Chee HongDirector12 CapitaCommercial Trust Annual Report 2010 13

oard of directorsMr Richard E. HaleChairman and Non-Executive DirectorMr Richard E. Hale joined the Board on 1 August 2006 andwas last re-appointed as Director on 12 May 2010.Mr Hale is presently Deputy Chairman of SembcorpMarine Ltd (listed on the SGX-ST). He is also a Director ofCapitaLand Limited and Sembcorp Industries Ltd (bothlisted on the SGX-ST). He is a Fellow of the SingaporeInstitute of Directors.Mr Hale started his career with The Hongkong and ShanghaiBanking Corporation Ltd in October 1958 and served inLondon, Paris, Hong Kong, Germany, Malaysia, Japan andSingapore before retiring from the Bank as CEO Singaporeand Director in March 1995. From July 1995 to September1997, he acted as advisor on environmental matters forHSBC Holdings plc London, based in Singapore. Mr Halewas Executive Chairman of SNP Corporation Ltd from April1999 to April 2000, and also served as Chairman of theSingapore International Chamber of Commerce for 1993and 1994. He was formerly a Governor of United WorldCollege of South East Asia, Singapore and a Director of TheAscott Group Limited (formerly listed on the SGX-ST andnow known as The Ascott Limited), Wheelock Properties(Singapore) Limited (listed on the SGX-ST) and BW TrustManagement Pte Ltd.Mr Hale was educated at Radley College, Abingdon, UK.He is a Fellow of the Chartered Institute of Bankers, London.Mr Liew Mun LeongDeputy Chairman and Non-Executive DirectorMr Liew Mun Leong joined the Board as Deputy Chairmanon 9 February 2004. He is also Chairman of the ExecutiveCommittee.Mr Liew is a Director of CapitaLand Limited (listed on theSGX-ST) and President and CEO of CapitaLand Group.He is also Chairman of CapitaMalls Asia Limited (listed onthe SGX-ST), CapitaLand Residential Singapore Pte Ltd,CapitaLand China Holdings Pte Ltd, CapitaLand CommercialLimited, CapitaLand Financial Limited, CapitaLand ILECPte. Ltd. and CapitaValue Homes Limited.Mr Liew is Deputy Chairman of The Ascott Limited as wellas the Deputy Chairman of CapitaMall Trust ManagementLimited (the manager of CapitaMall Trust listed on theSGX-ST), CapitaRetail China Trust Management Limited(the manager of CapitaRetail China Trust listed on theSGX-ST) and Ascott Residence Trust Management Limited(the manager of Ascott Residence Trust listed on theSGX-ST). He is also a Director of CapitaLand HopeFoundation, the CapitaLand Group’s philanthropic arm.Mr Liew is presently Chairman of Changi Airport Group(Singapore) Pte Ltd. He is also Director of SingaporeExchange Limited (listed on the SGX-ST) and SingaporeChina Foundation Ltd.He is a member of the NUS Business School ManagementAdvisory Board, National Productivity and ContinuingEducation Council, Governing Council of the Human CapitalLeadership Institute and the Board of Trustees of ChineseDevelopment Assistance Council.In 2006, Mr Liew was named Outstanding CEO of the Year inthe Singapore Business Awards. In 2007, he was conferredthe CEO of the Year award (for firms with market value ofS$500 million or more) in The Business Times’ SingaporeCorporate Awards. In 2008, Mr Liew was named Asia’sBest Executive of 2008 (Singapore) by Asiamoney andBest CEO in Asia (Property) by Institutional Investor.Mr Liew graduated from the University of Singapore witha Civil Engineering degree and is a registered professionalcivil engineer.Ms Lynette Leong Chin YeeChief Executive Officer and Executive DirectorMs Lynette Leong joined the Board on 1 October 2007 andalso serves as a Member of the Executive Committee.Ms Leong has more than 20 years of internationalexperience, including banking and finance with StandardChartered Bank and United Malayan Banking CorporationBerhad in Singapore and Malaysia, and real estate fundmanagement in the London, New York, Chicago and Asianoffices of LaSalle Investment Management. Prior to joiningthe Manager, Ms Leong was the Chief Executive Officer ofAscendas’ South Korea office where she had spearheadedAscendas’ strong foothold in the country’s real estatemarket, including the acquisition of office and logisticsproperties and the establishment of its first real estatefund there that was co-invested by some of South Korea’slargest financial institutions.14

Ms Leong holds a Bachelor of Science degree in EstateManagement and a Master of Science in Real Estate fromthe National University of Singapore.Mr Ho Swee HuatIndependent DirectorMr Ho Swee Huat joined the Board on 9 February 2004.He is also Chairman of the Audit Committee.Mr Ho is the Managing Director and founder of AbacusAssets Advisors Pte Ltd. He also manages a number offamily offices. Prior to setting up Abacus Assets AdvisorsPte Ltd he had an established career in the bankingindustry, with 20 years of experience in the Singapore,Hong Kong and New York markets.Mr Ho was an Executive Director of Paribas MerchantBanking Asia Pte Ltd, in charge of private banking forSouth East Asia from 1993 to 1997. Between 1988 and1993, he worked at Overseas Union Bank Limited as Headof Regional Business for Corporate and Private Banking.Prior to that, Mr Ho had a 10-year career with the MorganGuaranty Trust Company of New York and was the Headof Private Banking for South East Asia from 1987 to 1988.He is currently Chairman of the Autism Association(Singapore) which he co-founded with a group of parentsin 1992. He is also Vice-Chairman of the Eden School,a special school for children with autism.Mr Ho holds a Master of Science degree in IndustrialRelations and Personnel Management from the LondonSchool of Economics and Political Science, and a LiberalArts degree in Economics from Hamilton College, USA.Mr Fong Kwok JenIndependent DirectorMr Fong Kwok Jen joined the Board on 9 February 2004. Heis also Chairman of the Corporate Disclosure Committeeand a Member of the Audit Committee.Mr Fong is a Director of Fong Law Corporation, a legal firm,and also sits on the boards of WBL Corporation Limited(listed on the SGX-ST) and Xpress Group Limited (listedon The Stock Exchange of Hong Kong Limited). He wasChairman of the Disciplinary Committee of the SGX-STfrom 1994 to 2007. Prior to that, Mr Fong sat on theSecurities Industry Council from 1992 to 2003. He wasalso a Council Member of the Law Society of Singaporefrom 1990 to 1992. From 1982, Mr Fong spent eight yearsas Deputy Senior State Counsel and then as Senior StateCounsel at the Attorney-General’s Chambers. Beforethat, he was a Deputy Public Prosecutor at the Attorney-General’s Chambers.Mr Fong graduated from the University of Singapore with aLLB (Honours). In 1976/77, he was awarded the ColomboPlan Award to attend the Government Legal Officer’sCourse in the United Kingdom. In 1986, he attended theNITA (National Institute of Trial Advocates) AdvocacyProgramme at Harvard Law School.Dato’ Mohammed HusseinIndependent DirectorDato’ Mohammed Hussein joined the Board on 1 January2009 and also serves as a Member of the Audit Committee.He is the Chairman of Quill Capita Management Sdn Bhd(the manager of Quill Capita Trust listed on the BursaMalaysia Securities Berhad). He also sits on the boardsof Hap Seng Consolidated Bhd (listed on the BursaMalaysia Securities Berhad), MCB Bank Limited (listedon the Karachi Stock Exchange), Ancom Berhad (listed onthe Bursa Malaysia Securities Berhad), PT Bank MaybankSyariah Indonesia, University Malaysia Kelantan, PNBProperty Holdings Sdn Bhd, Danajamin Nasional Berhadand Export-Import of Malaysia Berhad. He was previouslySenior Advisor of RSM Strategic Business Advisors Sdn Bhd.Dato’ Mohammed spent 31 years with the Maybank Groupand held various management positions including Headof Corporate Banking, Head of Malaysian Operations,Managing Director of Aseambankers Malaysia Berhadand, prior to his retirement in January 2008, was ExecutiveDirector/Chief Financial Officer of Maybank.Dato’ Mohammed graduated with Bachelor of Commerce(Accounting) from the University of Newcastle, Australiain 1971. He also completed the Harvard Business SchoolAdvanced Management Program in 2003.CapitaCommercial Trust Annual Report 2010 15

oard of directorsMr Wen Khai MengNon-Executive DirectorMr Wen Khai Meng is a Non-Executive Director since1 October 2007. Prior to this, he was an alternate director toMr Kee Teck Koon since 1 September 2006. He also servesas a Member of the Corporate Disclosure Committee andthe Executive Committee.Mr Wen is the Chief Investment Officer of CapitaLandLimited (listed on the SGX-ST). He is concurrently theCEO of CapitaLand Financial Limited. He is also a Non-Executive Director of Ascott Residence Trust ManagementLimited (the manager of Ascott Residence Trust listed onthe SGX-ST) and Quill Capita Management Sdn Bhd (themanager of Quill Capita Trust listed on the Bursa MalaysiaSecurities Berhad).Over the preceding three years, Mr Wen sat on the boardsof Australand Holdings Limited (listed on the AustralianSecurities Exchange and the SGX-ST), CapitaMall TrustManagement Limited (the manager of CapitaMall Trustlisted on the SGX-ST) as an alternate director to Mr KeeTeck Koon.Mr Wen holds a Master of Business Administration and aMaster of Science in Construction Engineering from theNational University of Singapore, as well as a Bachelor ofEngineering (First Class Honours) from the University ofAuckland, New Zealand.Mr Olivier Lim Tse GhowNon-Executive DirectorMr Olivier Lim Tse Ghow joined the Board on 1 July 2005and also serves as a Member of the Corporate DisclosureCommittee and the Executive Committee. He was aMember of Audit Committee until 2 February 2010.Mr Lim is the Group Chief Financial Officer of CapitaLandLimited (listed on the SGX-ST). He is also a Non-ExecutiveDirector of CapitaMalls Asia Limited (listed on the SGX-ST), CapitaMall Trust Management Limited (the managerof CapitaMall Trust listed on the SGX-ST), AustralandHoldings Limited (listed on the Australian SecuritiesExchange and the SGX-ST) and Raffles Medical Group Ltd(listed on the SGX-ST). He is also Chairman of Mount FaberLeisure Group Pte Ltd, and a member of the Board of bothSentosa Development Corporation and the Accountingand Corporate Regulatory Authority.Prior to joining CapitaLand Limited, he was Directorand Head of the Real Estate Unit, Corporate Banking inCitibank Singapore. He has more than 20 years of workexperience in diverse areas including corporate banking,investment banking, corporate finance and real estatefinancial products.Mr Lim was named Chief Financial Officer (CFO) of theYear in 2007 (for firms with market value of S$500 millionor more) in The Business Times’ Singapore CorporateAwards. He was awarded Best Investor Relations by aCFO by IR Magazine in its South East Asia Awards in 2009and 2010, and was named CFO of the Year by The Assetmagazine in its 2010 Asian Awards.Mr Lim holds a First Class Honours degree in Civil Engineeringfrom the Imperial College of Science, Technology andMedicine, United Kingdom.Mr Ee Chee HongNon-Executive DirectorMr Ee Chee Hong joined the Board on 15 July 2009 andalso serves as a Member of the Executive Committee.Mr Ee is an Alternate Director to Mr Wen Khai Meng on theboard of Quill Capita Management Sdn Bhd (the managerof Quill Capita Trust listed on the Bursa Malaysia SecuritiesBerhad). He is also a board member of United MalayanLand Bhd (listed on the Bursa Malaysia Securities Berhad)and will step down on 1 March 2011.Over the preceding three years, Mr Ee sat on the boardof Australand Holdings Limited (listed on the AustralianSecurities Exchange and the SGX-ST).Mr Ee is presently Managing Director of Strategic CorporateDevelopment of CapitaLand Limited, a position he has heldsince 1 May 2008. Earlier, Mr Ee has held several positionswithin the CapitaLand Group including CEO of CapitaLandCommercial Limited, Managing Director of FinancialStructuring Support for CapitaLand Financial Limited, CEO(China) for The Ascott Limited and CEO of Ascott ServicedResidence (China) Fund Management Limited. Earlier, heheld senior positions at the Singapore Embassy in Japanand Singapore’s Economic Development Board.Mr Ee holds a Master degree in Engineering from theGraduate School of Tokyo Institute of Technology. Heattended the Advanced Management Program at HarvardBusiness School in 2007.16