Yap Chee Keong Joins Sembcorp Industries Board as Independent Director and Member of Audit and Risk Committees

Singapore, Sep 30, 2016

Sembcorp Industries is pleased to announce the appointment of Yap Chee Keong as an independent director and a member of its board’s audit committee and risk committee, with effect from October 1, 2016.

An accountant by training, Mr Yap brings to the board both financial and audit expertise, as well as rich experience in energy, infrastructure, real estate and other industries.

The former executive director of The Straits Trading Company and chief financial officer of Singapore Power, Mr Yap is currently the independent non-executive chairman of CityNet Infrastructure Management and a director of companies such as Olam International, Citibank Singapore, The Straits Trading Company, ARA Asset Management, Mediacorp and Certis Cisco Security.  

Mr Yap is a board member of Singapore’s Accounting and Corporate Regulatory Authority (ACRA) and sits on the Public Accountants Oversight Committee.  He served on the working group convened by the Monetary Authority of Singapore (MAS), the Singapore Exchange (SGX) and ACRA to review the Guidebook for Audit Committees in Singapore, as well as the panel convened by MAS, SGX, ACRA and the Singapore Institute of Directors, which formulated guidelines for board risk committees.

Mr Yap holds a BAcc from the National University of Singapore and is a fellow of the Institute of Singapore Chartered Accountants and CPA Australia. For further details of Mr Yap’s particulars, please refer to the company’s separate release set out in accordance with the SGXNet Template for “Appointment of Independent Director”.

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For media and analysts’ queries, please contact:

Media
Fock Siu Ling (Ms)
Assistant Vice President
Group Corporate Relations
DID: +65 6723 3011
Email: fock.siuling@sembcorp.com

Analysts
Aleve Co (Ms)
Senior Manager
Group Corporate Relations
DID: +65 6723 3178
Email: aleve.co@sembcorp.com

ABOUT SEMBCORP INDUSTRIES

Sembcorp Industries is a leading energy, water and marine group operating across six continents worldwide. With facilities with over 10,000 megawatts of gross power capacity and close to nine million cubic metres of water per day in operation and under development, Sembcorp is a trusted provider of essential energy and water solutions to both industrial and municipal customers. It is also a world leader in marine and offshore engineering as well as an established brand name in urban development.

The Group has total assets of over S$21 billion and employs over 7,000 employees. Listed on the main board of the Singapore Exchange, it is a component stock of the Straits Times Index and several MSCI and FTSE indices.

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