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Banyan Tree Holdings Ltd (BANY.SI)

BANY.SI on Stock Exchange of Singapore

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Summary

Name Age Since Current Position

Kwon Ping Ho

63 2004 Non-Independent Executive Chairman of the Board

Hock Lye See

50 2010 Group Chief Financial Officer, Senior Vice President

Shankar Chandran

2010 Senior Vice President, Managing Director - Spa Operations

See Ngoh Chiang

65 2005 Senior Vice President, Managing Director - Retail Operations

Dharmali Kusumadi

2009 Senior Vice President, Managing Director - Architrave

Steven Small

2013 Senior Vice President, General Manager- Banyan Tree Capital

Abid Butt

2012 Senior Vice President; Chief Executive Officer Banyan Tree Hotels & Resorts

KwonCjan Ho

2010 Senior Vice President, Group Chief Designer

Shelly Yeo

Vice President - Corporate Finance

Michael Lee

2009 Chief Information Officer, Vice President

See Bee Lim

2013 Vice President and Managing Director of Group Project Services

Jun Wang

2013 Vice President, Managing Director- Banyan Tree Capital, China

Emilio Carreras

2013 Vice President and Director- Special Projects

Pohmun Foong

2009 Vice President - People Development

Ren Hua Ho

Vice President; Executive Director and Country Head- Banyan Tree Holdings China Operations

Andrew Langston

2012 Vice President- Hotel Operations for Asia Pacific

Maximilian Lennkh

2013 Vice President- Hotel Operations of Middle East, North Africa, and Indian Ocean

Hokan Limin

Vice President - Hotel Finance

Desmond Pugson

2014 Vice President- Hotel Operations, China

Stuart Reading

47 2013 Vice President- Group Property Development

Kanruethai Roongruang

2015 Vice President; Executive Director of Operations- Banyan Tree Spa & Gallery

Sachiko Shiina

Vice President, Japan and Korea

David Spooner

2012 Vice President- Sales and Marketing

Seow Lian Teah

2013 Company Secretary

Chee Ming Chia

66 2007 Lead Independent Non-Executive Director

Ariel P Vera

62 2014 Non-Executive and Non-Independent Director

Heng Wing Chan

2012 Non-Executive Independent Director

Ai Lian Fang

65 2008 Non-Executive Independent Director

Tse Ghow Lim

2014 Non-Executive Independent Director

Elizabeth Sam

77 2004 Non-Executive Independent Director

Kui Seng Tham

57 2012 Non-Executive Independent Director

Biographies

Name Description

Kwon Ping Ho

Mr. Ho KwonPing is Non-Independent Executive Chairman of the Board of Banyan Tree Holdings Limited. He is founder of the Group, Mr. Ho is responsible for its overall management and operations. He has been a Director since 5 July 2000. He was designated Executive Chairman on 1 March 2004 and was last re-elected on 29 April 2013. Mr. Ho is also Chairman of Laguna Resorts & Hotels Public Company Limited, Thai Wah Food Products Public Company Limited, the Board of Trustees of Singapore Management University and the Advisory Committee of the School of Hotel and Tourism Management at the Hong Kong Polytechnic University. He is a non-executive Director of Diageo Plc. He is a member of the International Council and East Asia Council of INSEAD, and a Governor of the London Business School. Mr. Ho holds a Bachelor of Arts (Economics) from the University of Singapore and an Honorary Doctorate of Business Administration in Hospitality Management from Johnson & Wales University, USA.

Hock Lye See

Mr. See Hock Lye is Group Chief Financial Officer and Senior Vice President of Banyan Tree Holdings Limited. Before joining the Group in 2004, He was also appointed to the Board of LRH in 2012. Before joining the Group in 2004, he was the Managing Director of Asia Business Forum from 2002 to 2004 and its Chief Financial Officer from 2001 to 2004. From 1996 to 2001, he was the Group Financial Controller of Amara Holdings Limited. He was also the General Director of Amara Hotel Saigon Company Ltd, which operated Amara Hotel in Ho Chi Minh City, from 1998 to 2001. Prior to that, he was with Ernst & Young for nearly a decade, spending his last four years there as Audit Manager. Mr. See holds a Bachelor of Commerce from the University of Auckland and is an Associate Chartered Accountant, New Zealand.

Shankar Chandran

Mr. Shankar Chandran is Senior Vice President and Managing Director - Spa Operations of Banyan Tree Holdings Limited. Through his leadership since 2005, Banyan Tree Spa has grown to more than 60 spas worldwide. As Managing Director of Laguna Lang Cô, he oversaw the development and successful opening of the integrated resort in 2013, and is now responsible for its ongoing operations. Appointed to the Board of LRH in 2012, Mr. Chandran officially became Managing Director of LRH in 2014. From 2001 to 2004, he served as Group Executive (Corporate) Director, and from 1997 to 2001 as Assistant Vice President, Finance. Prior to joining the Group, he was the Financial Controller and Deputy General Manager of Regent Plaza, London, and Regional Internal Auditor/Financial Controller of Hilton International Hotels, UK. Mr. Chandran holds a Postgraduate Diploma in Management Studies from Kingston University (London) and a Higher National Diploma in Finance from South West London College, UK.

See Ngoh Chiang

Ms. Chiang See Ngoh is Senior Vice President, Managing Director - Retail Operations of Banyan Tree Holdings Limited. and Chairperson of China Business Development and Banyan Tree Global Foundation. She is a co-founder of Banyan Tree Hotels & Resorts and pioneered the Group’s retail business. As Chairperson for China Business Development she focuses on acquiring new management contracts, and as an Advisor on Human Capital Development guides strategic issues in organisational and human capital capability. She also chairs Banyan Tree Global Foundation, the Group’s sustainability arm. Ms Chiang serves on numerous boards. She is Chairperson of Wildlife Reserves Singapore, the Wildlife Reserves Singapore Conservation Fund, and the National Book Development Council of Singapore. She is a member of the Tripartite Committee on Work-Life Strategy led by the Ministry of Manpower. She chaired the Employer Alliance and served on the board of The Tripartite Alliance for Fair and Progressive Employment Practices. She is the community advisor for Honour Singapore. She was also appointed by the Ministry of Defence to the Advisory Council on Community Relations in Defence (ACCORD), co-chairing the ACCORD Family & Community Council. She is a Pioneering Member for the Diversity Action Committee to build up female representation on company boards. For her advocacy in social issues, Ms Chiang has won national and international awards including the Public Service Star BBM.

Dharmali Kusumadi

Mr. Dharmali Kusumadi is Senior Vice President and Managing Director - Architrave of Banyan Tree Holdings Limited. He is responsible for the design and planning operations and business development in the architectural subsidiary of the Group. Prior to joining the Group in 1991, he was the Planning and Development Head of LG Group, Bali, where he was in charge of design and planning for projects. From 1985 to 1989, MrKusumadi was a part-time lecturer at the Architecture Department of Soegijapranata Catholic University, Semarang, Indonesia. From 1984 to 1989, he was Principal Architect of Kusumadi Associates. He has been a member of the Indonesian Institute of Architects since 1991 and holds a Master of Architecture from Parahyangan Catholic University, Bandung, Indonesia.

Steven Small

Mr. Steven M. Small is Senior Vice President and Managing Director of Banyan Tree Capital, a subsidiary of Banyan Tree Holdings Limited. He is responsible for leading and managing the Group’s dedicated real estate fund management activities to fund its hotel, resort, and private residence development programmes. Mr. Small launched and manages the Group’s funds for Indochina (US$283 million) and China (RMB1 billion). The Indochina Fund established our presence in Vietnam that saw the development and completion of phase 1 of Laguna Lang Cô integrated resort and its surrounding infrastructure. The China Fund extended the Banyan Tree brand of hotels and residences to Yangshuo, Huangshan, and Lijiang. Prior to joining the Group in 2008, Mr. Small spent over 20 years in private equity investment and management in Asia. From 1991 to 2003, he was an Executive Director of Consolidated Resources Ltd, the Asian private equity investment vehicle of Anglo American plc and the De Beers Group. He was also engaged in private equity investment and consultancy services through a company he founded in Singapore in 1998. He has been a non-executive director of various regionally listed companies. Mr. Small is a Fellow of the Institute of Chartered Accountants in England and Wales and has a Bachelor of Economics (Honours) from Durham University, UK.

Abid Butt

Mr. Abid Butt is Senior Vice President and Chief Executive Officer of Banyan Tree Hotels & Resorts a subsidiary of Banyan Tree Holdings Limited. Mr. Butt assumed his role in 2012, marking a return to the Group after first joining Banyan Tree over a decade ago as Area General Manager for Banyan Tree Phuket, followed by his appointment as the first Vice President of Operations. With more than 25 years of experience in the hospitality industry, he was most recently Vice President of Asset Management for Host Hotels & Resorts in the USA. In May 2014, Mr. Butt was made an honorary Doctor of Business Administration in International Hotel & Tourism Management, by Johnson & Wales University. He holds a Master of Science in Real Estate from Johns Hopkins University, a Master of Business Administration from the University of Phoenix, San Diego, and double Bachelor of Science degrees in Food Service Management and Hotel, Restaurant & Institutional Management from Johnson & Wales University.

KwonCjan Ho

Mr. Ho KwonCjan is Senior Vice President and Group Chief Designer of Banyan Tree Holdings Limited. Mr. Ho is the Senior Designer involved in overseeing design and project teams in the architectural subsidiary of the Group. He has also been a Director of Laguna Resorts & Hotels Public Company Limited (“LRH”) since 2012. Prior to 2005, he was Joint Managing Director of LRH, a position he held from 1998. Mr. Ho served as Vice Chairman of Thai Wah Public Company Limited in Thailand from 1997 to 2003. From 1996 to 1998, he was the Managing Director of Thai Wah Resorts Development Public Co., Ltd and from 1985 to 1992, the Project Manager of Thai Wah Resorts Development Public Co., Ltd. Before this, he worked at the architecture firm, Akitek Tenggara, in Singapore. Mr. Ho holds a Bachelor of Architecture (Honours) from the National University of Singapore and is a recipient of the Singapore Institute of Architects Gold Medal. He has been registered with the Singapore Board of Architects since 1986.

Shelly Yeo

Ms. Shelly Yeo is Vice President - Corporate Finance of Banyan Tree Holdings Ltd. Ms. Yeo plays a key role in the overall running of the Finance Department in the Corporate Head Office and in maintaining statutory compliance of the Group. She also supports the Group’s expansion in entity structuring, tax compliance requirements, audit, and accounts reporting. Prior to joining the Group in 2001, she worked in several companies listed on the Singapore Stock Exchange including Cerebos Pacific Limited and Leeden Limited. She holds a Bachelor of Accountancy from the National University of Singapore, and is a member of the Institute of Chartered Accountants Singapore.

Michael Lee

Mr. Michael Lee is Chief Information Officer and Vice President of Banyan Tree Holdings Limited. He has been with the Group since 2006 and has over 20 years of experience in the travel, banking and hospitality sectors. Besides serving as CEO of Raffles Marina Limited, he previously held the positions of Vice President of Marketing at CDL Hotels International and Vice President at United Overseas Bank. He holds a Master of Business Administration from Oklahoma City University, USA. He also attended the Certified Enterprise Architecture Practitioner programme conducted by the Institute of Systems Science at the National University of Singapore, and is a TOGAF Certified Practitioner. Mr. Lee is a Chartered Marketer and a Fellow of the Chartered Institute of Marketing, UK, and a member of the CFA Institute, USA.

See Bee Lim

Ms. Lim See Bee is Vice President and Managing Director of Group Project Services of Banyan Tree Holdings Limited. Ms Lim oversees the development of all new projects by the Banyan Tree Group. She joined Banyan Tree in 1992 as Senior Manager, Projects. She has 30 years of experience in the design, construction, and real estate industry, having practised in both the public and private sectors. Ms Lim is registered with the Board of Architects, Singapore, and is also a member of the Society of Project Managers and the Singapore Institute of Arbitrators. She holds a Certificate in Finance, a Bachelor of Arts and Architecture from the National University of Singapore, a Master of Business Administration from Reading University, UK, and a Royal Institute of Chartered Surveyors Diploma in Project Management from the College of Estate Management, UK.

Jun Wang

Mr. Jun Wang is Vice President and Managing Director- Banyan Tree Capital, China of Banyan Tree Holdings Ltd. Mr. Wang joined the Group in November 2013 as Managing Director and was promoted to his current role in June 2014. Prior to joining the Group, he had more than ten years’ experience in Real Estate and Distressed Asset Investment and Management in China. Mr. Wang joined us from SK China Real Estate Company, and was previously with Goldman Sachs Consulting Company, Merrill Lynch, and Morningstar. He has a Master’s degree in Business Administration from the University of Chicago.

Emilio Carreras

Mr. Emilio Llamas Carreras is Vice President and Director of Special Projects of Banyan Tree Holdings Limited. He is responsible for developing the operational concepts for our new brands, and accountable for the roll out of standards and implementation to ensure brand consistency. Mr. Carreras was previously General Manager, Banyan Tree Shanghai on the Bund, Vice President and Deputy Managing Director of Laguna Phuket, and Area General Manager for Banyan Tree Bintan, Indonesia, Banyan Tree Phuket, Thailand, and Banyan Tree Mayakoba, Mexico. He was also Vice President, Operations of Angsana Resorts & Spas, a portfolio that included properties in Australia, China, India, Laos, the Maldives and Sri Lanka. Prior to joining the Group in 2001, he was General Manager of SolMelia in Gran Melia Salinas, Lanzarote, Spain, where he was responsible for the overall management of the hotel. In 1998, he was conferred the Civil Merit Award by the King of Spain in recognition of his role as the Honorary Consul of Spain in Bali, Indonesia. Mr. Carreras holds a hotel diploma and an engineering degree from Sevilla University, Spain.

Pohmun Foong

Ms. Foong Pohmun is Vice President - People Development of Banyan Tree Holdings Limited. Ms. Foong oversees operations at the Banyan Tree Management Academy, which aims to develop future leaders of the Group by focusing on advancing people development, management excellence and learning. Prior to this appointment in 2009, she was Vice President, Projects. She joined the Group in 1990, and served in various positions overseeing the costing and project management of Banyan Tree Hotels. She was promoted to Assistant General Manager in 1995 and Assistant Vice President in 2000. Ms. Foong holds an Honours degree in Economics from the University of London, and diplomas in Industrial Management, Building Science and Culinary Arts and Management.

Ren Hua Ho

Mr. Ho Ren Hua is Vice President and Executive Director and Country Head of Banyan Tree Holdings China Operations of Banyan Tree Holdings Ltd. He is responsible for investment strategy and corporate planning in the Greater China region. Mr Ho is also part of the core leadership team for the Banyan Tree China Hospitality Fund, and oversees the China Group’s finance, human resource, investment, and legal functions. He worked with international management consultancy Bain & Company Inc. in its US, Hong Kong, and China offices, and with Sino Capital. He joined the Group as Associate Director of Corporate Development in 2010. Mr. Ho has a Bachelor of Science (Honours) in Economics from The Wharton School and is a graduate of the China Europe International Business School’s Advanced Management Programme.

Andrew Langston

Mr. Andrew Langston is Vice President- Hotel Operations for Asia Pacific of Banyan Tree Holdings Ltd., since 1 September 2012. He is responsible for Hotel Operations in the Asia Pacific region, opening hotels and reviewing business development opportunities. He joined the Group in 2008 as Area General Manager overseeing both the Banyan Tree and Angsana, Bintan Resorts. Mr. Langston has 25 years of experience managing properties throughout the Asia Pacific region for major hotel companies including the Parkroyal and Inter-Continental Hotel groups. He was previously employed in the food and beverage sector in the UK, where he was responsible for catering major events such as the Chelsea Flower Show and Royal Ascot. He also worked for the British Royal Family at Buckingham Palace and other royal residences. He has a graduate certificate from the University of South Australia and is a Certified Hotel Administrator.

Maximilian Lennkh

Mr. Maximilian Lennkh is Vice President- Hotel Operations of Middle East, North Africa, and Indian Ocean of Banyan Tree Holdings Limited. Mr. Lennkh was appointed to his current position in 2013, opening up a new regional office in Dubai. He joined the Group in 2001 as Area General Manager (Maldives), subsequently moving from there to open the Banyan Tree Seychelles in 2002. In 2005, he assumed the role of Area General Manager (Yunnan) opening Banyan Tree Lijiang, with Banyan Tree Ringha and Gyalthan Dzong Hotel reporting to him. He was promoted to Vice President (Southern China) in 2006, guiding the successful opening of Banyan Tree Sanya and Banyan Tree Hangzhou. He became Area General Manager (Mexico) in 2010. With experience in hotel operations around the world, Mr. Lennkh has a well-rounded hospitality background. He is fluent in German, English, Portuguese, and Spanish, and holds various hotel management certifications, including one from the London Business School.

Hokan Limin

Mr. Hokan Limin is Vice President - Hotel Finance of Banyan Tree Holdings Limited. Mr. Limin is in charge of monitoring hotel performance and implementing policies and procedures. His main responsibilities are hotel finance, compliance, operational analysis, and operational audit. He also supervises risk management. Prior to joining the Group in 1999, Mr. Limin worked at hotel investment companies in Indonesia and several five-star resort chains including Hyatt, Inter-Continental, and Shangri-la. He holds a Bachelor of Finance and Accountancy from Trisakti University, Jakarta, Indonesia.

Desmond Pugson

Mr. Desmond Pugson is Vice President- Hotel Operations, China of Banyan Tree Holdings Ltd. Mr. Pugson joined the Group in February 2014 and oversees our Hotel Operations in China. Prior to joining us, Mr. Pugson already had more than 35 years’ experience in hospitality. He most recently worked for six years as Vice President Operations, Asia Pacific, and Managing Director, China, for the Wyndham Hotel Group. He was also Senior Vice President, Operations, with Jin Jiang International, and Millennium & Copthorne International. He received his tertiary education at Ecole Hôtelière – Société Suisse des Hôteliers Lausanne, Switzerland.

Stuart Reading

Mr. Stuart D. Reading is Vice President - Group Property Development of Banyan Tree Holdings Ltd. Mr. Reading assumed his current role in January 2014 and oversees property sales, which has been established as a separate unit due to its increasing importance as a core business for the Group. He was previously Vice President, Chief Financial Officer for LRH and Deputy Managing Director, LRH. Mr. Reading has also served on the Board of LRH since 2006. He joined LRH in 2002 as Assistant Vice President, Finance & Administration, responsible for the property sales and holiday club businesses finance function. Prior to joining the Group, he spent more than 10 years with Pricewaterhouse Coopers in Australia and Papua New Guinea. From 1999 to 2002, he was a Director in the Assurance and Business Advisory Services division in Sydney. He is a member of the Institute of Chartered Accountants in Australia and holds a Bachelor of Business degree in Accounting from the University of Western Sydney.

Kanruethai Roongruang

Ms. Kanruethai Roongruang is Vice President and Executive Director of Operations- Banyan Tree Spa & Gallery of Banyan Tree Holdings Ltd. Ms. Roongruang assumed her current role in January 2015, where her responsibilities include overseeing the Group’s spa and gallery global operations which had been integrated as a core business unit for the Group. Her previous appointment was Senior Assistant Vice President – Spa Operations, Asia Pacific (2011) and Senior Assistant Vice President, Executive Director – Spa Operations, Global from 2012. Ms. Roongruang joined LRH in 1997 as Manager of Canal Village (Laguna Phuket Shopping Complex) and subsequently became Spa Manager at Banyan Tree Spa Bangkok in 2000. She has 15 years’ experience in spa operations, growing her career in tandem with the expansion of Banyan Tree’s global footprint. She holds a Bachelor of Arts in English from the Prince of Songkla University in Thailand.

Sachiko Shiina

Ms. Sachiko Shiina is Vice President, Japan and Korea of Banyan Tree Holdings Limited. Ms. Shiina is responsible for sales and marketing activities for Japan and Korea, and also leads, coordinates and supervises the overall operational and business development activities for the Group in Japan. Ms. Shiina joined the Group in 1995 as Sales and Marketing Manager of the Group Sales Agent in Japan. In 2000, she became Director of Sales, Japan, and was promoted to Assistant Vice President, Sales & Business Development in 2006.

David Spooner

Mr. David Spooner is Vice President- Sales and Marketing of Banyan Tree Holdings Ltd. Mr. Spooner joined the Group in 2012 and oversees our Sales, Marketing, Distribution, Reservations, and Revenue Management strategies worldwide. With more than 20 years’ experience in the luxury hospitality business, he started his career with Sheraton Luxury Collection before joining Four Seasons. He most recently worked for Mandarin Oriental as Vice President of Sales and Marketing (EMEA), One & Only Resorts as Senior Vice President of Sales, and Sanctuary Retreats as Executive Vice President of Marketing. Mr. Spooner holds a Master of Business Administration from RMIT, Melbourne, Australia, and a Bachelor’s degree in Hotel Catering Administration from the University of Huddersfield, UK.

Seow Lian Teah

Chee Ming Chia

Mr. Chia Chee Ming is Lead Independent Non-Executive Director of Banyan Tree Holdings Limited. Mr. Chia has been a Director since 8 June 2001, and became Lead Independent Director on 28 February 2007. He is the Chairman of the Nominating & Remuneration Committee and was last re-elected on 29 April 2013. Mr. Chia is Chairman of Hup Soon Global Corporation Limited as well as Chairman – Asia for Coutts & Co Ltd, the private banking arm of the Royal Bank of Scotland Group. He sits on the boards of several other private and public companies, including Fraser and Neave, Limited, The Straits Trading Company Limited, Singapore Power Limited, Ceylon Guardian Investment Trust PLC and Ceylon Investment PLC. He is a member of the Board of Trustees of the Singapore Management University and a Senior Advisor to EQT Funds Management Ltd. From 1986 to 2004, he was a Director of PAMA Group where he was responsible for private equity investments and served as President from 1995 to 2004. He was previously a Director of SP Power Grid Limited, SP PowerAssets Limited, PowerGas Limited, Fraser and Neave, Limited and InnoTek Limited. Mr. Chia holds a Bachelor of Science cum laude, majoring in Manage ment, from the Fairleigh Dickinson University, USA.

Ariel P Vera

Mr. Ariel P. Vera has re-elected as Non-Executive and Non-Independent Director of Banyan Tree Holdings Limited effective 28 April 2014. Mr. Vera was appointed Director on 11 April 2000 and served as Group Managing Director from 1 March 2004 to his retirement in 2013. He remains as a Non-Executive and Non-Independent Director of the Company. He was last re-elected on 28 April 2014. Mr. Vera is a Director of Laguna Resorts & Hotels Public Company Limited, Thai Wah Food Products Public Company Limited and Thai Wah Starch Public Company Limited. He was with the Group from 1995 to his retirement in 2013. Prior to joining the Group, he was Director of Finance and Administration of Asian Resorts Pte. Ltd. from 1992 to 1995, and Vice President, Finance, of Tropical Resorts Limited from 1995 to 1997. He has over 30 years of experience in the hotel industry. A Certified Public Accountant in the Philippines, Mr. Vera holds a Bachelor of Science in Business Administration from the University of the East, Philippines, as well as a Master of Business Administration from the National University of Singapore.

Heng Wing Chan

Mr. Chan Heng Wing is Non-Executive Independent Director of Banyan Tree Holdings Ltd with effect from June 1, 2012. He is a member of the Nominating & Remuneration Committee. A Senior Advisor to the Ministry of Foreign Affairs, he is the Non-Resident High Commissioner to Bangladesh. He is a Director of Shanda Games Ltd, Frasers Centrepoint Ltd, Precious Treasure Pte Ltd and Precious Quay Pte Ltd which own Fullerton Hotel and Fullerton Bay Hotel respectively. He is also Chairman of the Milken Institute Asia Center based in Singapore. He was previously a Director in Fraser and Neave, Limited. He was also the Prime Minister’s Press Secretary and Director of the Media Division in the Ministry of Information and the Arts. He served at the Permanent Mission to the United Nations in New York and as Consul-General to Hong Kong, Ambassador to Thailand and Consul-General to Shanghai. He later joined Temasek Holdings as Chief Representative in China and Managing Director for International Relations in Temasek International. Mr Chan holds a Bachelor of Arts (Honours) and a Master of Arts from the University of Singapore, and a Master of Science in Journalism from Columbia University, USA.

Ai Lian Fang

Mrs. Fang Ai Lian is Non-Executive Independent Director of Banyan Tree Holdings Limited. Mrs. Fang was appointed an Independent Director and Chairman of the Audit & Risk Committee on 1 May 2008, and was last re-elected on 28 April 2014. Mrs. Fang is a Director of Singapore Telecommunications Limited, Metro Holdings Ltd and MediaCorp Pte Ltd as well as Advisor to the Far East Organization Group. She is also Chairman of the Board of Trustees of the Singapore Business Federation and a member of the Board of Trustees of the Singapore University of Technology and Design. She was the Chairman of Great Eastern Holdings Limited and its insurance subsidiaries as well as a Director of OCBC Bank until her retirement in April 2014. Prior to that, she was with Ernst & Young for over 30 years until her retirement in March 2008. She was appointed Managing Partner in 1996 and Chairman in 2005. She previously served as Chairman of the Charity Council. Mrs. Fang qualified as a Chartered Accountant in England and is a Fellow of the Institute of Chartered Accountants in England and Wales, a Fellow of the Institute of Singapore Chartered Accountants and a member of the Malaysian Association of Certified Public Accountants.

Tse Ghow Lim

Mr. Lim Tse Ghow is Non-Executive Independent Director of the Company. He is a member of the Audit & Risk Committee. He is Chairman of both Certis CISCO Security Pte. Ltd. and Frasers Australand Pty Ltd. He is also a Director of Raffles Medical Group Ltd, and a member of the Board of Jurong Town Corporation. Mr. Lim was previously with CapitaLand Limited from 2003 to 2014, his last position being Group Deputy Chief Executive Officer. From 1989 to 2003, he was with Citibank Singapore, where he held various roles in the corporate and investment banking units, his last position being the Director/Head, Real Estate Unit. His past directorships include CapitaMalls Asia Limited, The Ascott Limited, Australand Holdings Limited, Neptune Orient Lines Limited, Raffles Medical Group Ltd, CapitaCommercial Trust Management Limited, CapitaMall Trust Management Limited and CapitaRetail China Trust Management Limited. Mr Lim holds a Bachelor of Engineering (First Class Honours) in Civil Engineering from Imperial College London, UK.

Elizabeth Sam

Mrs. Elizabeth Sam is Non-Executive Independent Director of Banyan Tree Holdings Limited. She is a member of the Nominating & Remuneration Committee. Principally engaged in management consultancy, Mrs. Sam is also a Director of SC Global Development Ltd, AV Jennings Ltd and The Straits Trading Company Limited. She is Chairman and Director of Hon Sui Sen Endowment CLG Limited. She has over 40 years’ experience in the financial sector, having been Executive Vice President and Deputy President of OCBC Bank from 1988 to 1998, Director of Mercantile House Holdings plc (a company listed on the London Stock Exchange) from 1981 to 1987 and Chief Manager of the Monetary Authority of Singapore from 1976 to 1981. She was a Director of the Singapore International Monetary Exchange and served as its Chairman from 1987 to 1990 and 1993 to 1996, until its merger with the Stock Exchange of Singapore. She was also previously a Director of Kasikornbank Public Company Limited and Boardroom Limited. Mrs. Sam holds a Bachelor of Arts (Honours) degree in Economics from the University of Singapore.

Kui Seng Tham

Mr. Tham Kui Seng is Non-Executive Independent Director of Banyan Tree Holdings Ltd with effect from June 1, 2012. He is a member of the Audit & Risk Committee. Mr. Tham is a Director of Global Logistic Properties Limited, Sembcorp Industries Ltd, The Straits Trading Company Limited, Maxwell Chambers Pte Ltd, Straits Real Estate Pte Ltd and Sembcorp Properties Pte. Ltd. He is also a member of the Board of The Housing & Development Board and The Singapore Land Authority as well as a Corporate Advisor for Temasek International Advisors Pte Ltd. From 2002 to 2008, he was the Chief Corporate Officer of CapitaLand Limited, overseeing the corporate services functions of the real estate group. He also previously served as a Director of Raffles Medical Group Ltd, CapitaLand China Holdings Pte Ltd and SPI (Australia) Assets Pty Ltd. Mr. Tham holds a Bachelor of Arts (First Class Honours) in Natural Science - Engineering Science from the University of Oxford, UK.