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Great Eastern Holdings Ltd (GELA.SI)

GELA.SI on Stock Exchange of Singapore

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18 Aug 2017
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Summary

Name Age Since Current Position

Beng Seng Koh

66 2014 Independent Non-Executive Chairman of the Board

Hock Seng Khor

2015 Group Chief Executive Officer

Yew Chye Tan

2016 Group Chief Financial Officer

Yaw Hui Koh

2016 Chief Executive Officer - Malaysia

Mun Thim Yoon

Group Chief Investment Officer

Kok Keng Lee

2016 Group Chief Marketing Officer

Raymond Ong

Group Chief Risk Officer

Pakshong Wong

2009 Group Company Secretary, General Counsel

Kah Siang Khoo

2016 Managing Director - Life Insurance (Singapore) and Regional Bancassurance

Patrick Kok

Managing Director - Group Operations

James Lee

Managing Director - Group Human Capital

Yoh Thai Ng

2013 Managing Director - Group Information Technology

Jimmy Tong

2016 Managing Director - General and Group Insurance

Wee Cheak Chin

2009 Head - Group Internal Audit

Nag Tsien

62 2012 Non-Executive and Non-independent Director

Joo Yeow Wee

69 2016 Non-Executive and Non-independent Director

Ka Cheung Ip

64 2015 Independent Non-Executive Director

Song Keng Law

72 2013 Independent Non-Executive Director

Fook Sun Lee

60 2017 Non-Executive Independent Director

Khai Fatt Lee

65 2014 Independent Non-Executive Director

Tit Koon Soon

65 2016 Independent Non-Executive Director

Lian Ee Teoh

65 2017 Non-Executive Independent Director

Nam Yew Thean

49 2017 Independent Non-Executive Director

Biographies

Name Description

Beng Seng Koh

Mr. Koh Beng Seng is Independent Non-Executive Chairman of the Board of Great Eastern Holdings Limited. He was first appointed to the Board of Great Eastern Holdings Limited (the “Company”) on 2 January 2008 as a non-executive Director and was appointed as Chairman of the Company on 1 September 2014. He was last re-elected as the Company’s Director on 19 April 2016. Mr Koh was appointed Chairman of the Company’s principal insurance subsidiaries, namely, The Great Eastern Life Assurance Company Limited (“Great Eastern Life”) and The Overseas Assurance Corporation Limited (“OAC”) on 1 September 2014. He is the Chief Executive Officer of Octagon Advisors Pte. Ltd. He is also a Director of Bank of China (Hong Kong) Limited, BOC Hong Kong (Holdings) Limited, Hon Sui Sen Endowment CLG Limited, Singapore Technologies Engineering Ltd and United Engineers Limited. He was previously Deputy President of United Overseas Bank Ltd (“UOB”) and a Director of Far Eastern Bank Ltd, Fraser and Neave, Limited, Japan Wealth Management Securities Inc., Sing-Han International Financial Services Limited and UOB. Mr Koh was previously with the Monetary Authority of Singapore (“MAS”) for 24 years until 1998, his last appointment being Deputy Managing Director, Banking and Financial Institution Group. He also served as a Member of the advisory team to the International Monetary Fund on reforms to Thailand’s financial sector. Mr Koh holds a Bachelor of Commerce (First Class Honours) from the former Nanyang University, Singapore, and a Master of Business Administration from Columbia University, USA.

Hock Seng Khor

Mr. Khor Hock Seng is Group Chief Executive Officer of the Company effective November 2, 2015. He has over 30 years of insurance experience and has held senior leadership positions in major multinational insurance companies. Responsible for the overall strategic direction and business growth for the Great Eastern Group. Qualifications: Bachelor of Arts with a major in Actuarial Studies and Statistics, Macquarie University, Australia; Certificate of Actuarial Techniques, London Institute of Actuaries, UK.

Yew Chye Tan

Mr. Tan (Ronnie) Yew Chye is Group Chief Financial Officer of the Company. With Great Eastern since 2002. Responsible for Corporate Finance, Actuarial, Accounting, Financial Controls, Tax and Investor Relations functions for the Group. Qualifications: BSc in Business Administration (Highest Distinction), University of Nebraska-Lincoln; Chartered Financial Analyst; Fellow of the Society of Actuaries; Member of The American Academy of Actuaries.

Yaw Hui Koh

Dato' Koh Yaw Hui is Chief Executive Officer - Malaysia of the company. With Great Eastern since 2002. Responsible for the Malaysia conventional Life business as well as oversees the growth of the company’s takaful business. Qualifications: BSocial Science (Hons) in Economics, Universiti Sains Malaysia; Fellow of Life Management Institute, USA; Registered Financial Planner (RFP); Shariah RFP.

Mun Thim Yoon

Mr. Yoon Mun Thim is Group Chief Investment Officer of Great Eastern Holdings Limited. With Great Eastern since 2009. Responsible for formulating the Group’s investment strategies and management of all investments within the Group. Qualifications: BArts and Master of Arts, University of Cambridge; Master of Business Administration (Distinction), Warwick Business School, University of Warwick; Chartered Financial Analyst.

Kok Keng Lee

Mr. Lee (Andrew) Kok Keng is Group Chief Marketing Officer of Great Eastern Holdings Limited. He has been with Great Eastern since 2010 and OCBC Bank since October 1999. He is responsible at the Group level for brand management, strategic marketing, product management and distribution management. He holds Bachelor of Social Science (Hons) in Economics from University of Singapore.

Raymond Ong

Mr. Raymond Ong is Group Chief Risk Officer of the company. With Great Eastern since 2009. Responsible for overall risk management of the Group, including market, credit, liquidity, insurance, operational, technology and compliance risks. Qualifications: Bachelor of Science, First Class Honours, in Actuarial Mathematics and Statistics from Heriot-Watt University, Edinburgh, UK. Fellow of the Institute of Actuaries, UK.

Pakshong Wong

Ms. Wong (Jennifer) Pakshong is Group Company Secretary and General Counsel of the Company. With Great Eastern since 2009 and the Group since 1999. Oversees the corporate secretarial and legal functions across all countries. Qualifications: LLB (Hons), University of Bristol (UK); LLM (with Merit), University College London; Degree of an Utter Barrister, Gray’s Inn (UK); admitted as an Advocate and Solicitor of the Supreme Court of Singapore.

Kah Siang Khoo

Dr. Khoo Kah Siang is Managing Director - Life Insurance (Singapore) and Regional Bancassurance of Great Eastern Holdings Limited. With Great Eastern since 2006. Responsible for driving the Life business in Singapore through the company’s established distribution channels – Agency, Bancassurance and GEFA – as well as growing the bancassurance business across the Group. Qualifications: Ph.D Statistics, University of Kent, Canterbury, UK; Fellow of the Institute and Faculty of Actuaries, UK.

Patrick Kok

Mr. Patrick Kok is Managing Director - Group Operations of the company. With Great Eastern since 2009. Leads and oversees the Customer Service, Underwriting and Claims departments across the Group, with strong focus on delivering customer service excellence. Qualifications: Associate of Chartered Insurance Institute, UK. B. Engineering (Hons), National University of Singapore.

James Lee

Mr. James Lee is Managing Director - Group Human Capital of Great Eastern Holdings Limited. With Great Eastern since 1997. Responsible for human capital and change programmes across the Group, with priority on developing an inclusive and collaborative workplace and high-performance culture. Qualifications: BBA in Finance, University of Hawaii, USA; Master of Business Administration in Finance, Hawaii Pacific University, USA.

Yoh Thai Ng

Mr. Ng Yoh Thai is Managing Director - Group Information Technology of the Company. With Great Eastern since December 2013 and OCBC Bank since 2003. Responsible for the Group’s IT and digitalisation efforts to deliver digital and IT solutions to improve customer experience and to support business growth. Qualifications: BSc (Hons) in Computer Science and Master of Science in Computer Science, University of Manitoba, Canada.

Jimmy Tong

Mr. Jimmy Tong is Managing Director - General and Group Insurance of the company. He Joined Great Eastern in May 2016. Leads and oversees the General and Group Insurance business across all markets in the Group. Qualifications: Bachelor of Business Administration, National University of Singapore; Chartered Financial Analyst.

Wee Cheak Chin

Mr. Chin Wee Cheak is Head - Group Internal Audit at Great Eastern Holdings Limited. With Great Eastern since 2009 and the OCBC Group since 1999. Responsible for the independent and objective assessment of the Group’s risk management, control and governance processes through internal audit. Qualifications: BAccountancy (2nd Upper Class Hons), National University of Singapore.

Nag Tsien

Mr. Samuel Tsien Nag is Non-Executive and Non-independent Director of Great Eastern Holdings Limited. He was first appointed to the Board of the Company on 15 April 2012 and was last re-elected as the Company’s Director on 15 April 2015. He was a Director of OAC until 1 January 2014. Mr Tsien is the Group Chief Executive Officer and Executive Director of OCBC Bank. Prior to these appointments, he was the Senior Executive Vice President and Global Head, Global Corporate Bank overseeing the corporate and commercial banking business at OCBC Bank. Mr Tsien is also Chairman of OCBC Wing Hang Bank (China) Ltd and a Commissioner of PT Bank OCBC NISP Tbk. He is a Director of Mapletree Investments Pte Ltd. He also serves on the boards of major OCBC Group companies, including Bank of Singapore Ltd, OCBC Al-Amin Bank Berhad, OCBC Bank (Malaysia) Berhad and OCBC Wing Hang Bank Limited. He is a Council Member of the Association of Banks in Singapore, a Member of the MAS’s Financial Centre Advisory Panel. Prior to joining OCBC Bank, he was the President and Chief Executive Officer of China Construction Bank (Asia) when China Construction Bank acquired Bank of America (Asia). From 1995 to 2006, he was President and Chief Executive Officer of Bank of America (Asia), and Asia Consumer and Commercial Banking Group Executive of Bank of America Corporation. Mr Tsien holds a Bachelor of Arts with Honours in Economics from the University of California, Los Angeles, USA.

Joo Yeow Wee

Mr. Wee Joo Yeow is Non-Executive and Non-independent Director of the Company. He was first appointed to the Board of the Company on 1 January 2016 and last re-elected as the Company’s Director on 19 April 2016. He has more than 39 years of corporate banking experience. He was Managing Director and Head of Corporate Banking Singapore at UOB until his retirement in June 2013. Prior to that, he was Executive Vice President and Head of Corporate Banking with Overseas Union Bank Ltd and Head, Credit and Marketing with First National Bank of Chicago (Singapore). He is presently a Director of several companies, including Frasers Centrepoint Ltd, Mapletree Industrial Trust Management Ltd, OCBC Bank and PACC Offshore Services Holdings Ltd. Mr Wee holds a Master of Business Administration from New York University, USA and a Bachelor of Business Administration (Honours) from the University of Singapore.

Ka Cheung Ip

Mr. Ip Ka Cheung is Independent Non-Executive Director of Great Eastern Holdings Limited. He was first appointed to the Board of the Company on 5 March 2010 and was last re-elected as the Company’s Director on 15 April 2015. Mr Ip served as Acting Group Chief Executive Officer of the Company from 1 July 2014 to 1 November 2015. He is a Director of the Company’s principal insurance subsidiaries, including Great Eastern Life, OAC and Chairman of several of the Company’s subsidiaries in Malaysia. He is presently the Group Managing Director of United Engineers Limited. He is also a Director of AIMS AMP Capital Industrial REIT Management Limited as well as the Deputy Chairman of the Building and Construction Authority and a Member of Securities Industry Council. Mr Ip was previously Chairman of Malaysia Smelting Corporation Berhad and UE E&C Ltd as well as a Director of Australia Oriental Minerals NL, a company listed on the Australian Securities Exchange. He is a Chartered Accountant by training and has over 32 years of experience in finance and investments, real estate and managing companies. From 2000 to 2009, he was President and Group Chief Executive Officer of The Straits Trading Company Limited (“STC”), the main activities of which are in real estate, mining and hospitality. Prior to joining STC in 1983, he was with Ernst & Whinney (now known as Ernst & Young LLP). Mr Ip holds a Bachelor of Science (Economics) from the London School of Economics and Political Science. He is a Fellow of both the Institute of Chartered Accountants in England and Wales and the Institute of Singapore Chartered Accountants.

Song Keng Law

Mr. Law Song Keng is Independent Non-Executive Director of Great Eastern Holdings Limited. He was first appointed to the Board of the Company on 1 January 2013 and was last re-elected as the Company’s Director on 19 April 2016. He is the Chairman of Asia Capital Reinsurance Group Pte Ltd, Concord Insurance Company Limited, Frasers Hospitality Asset Management Pte Ltd and Frasers Hospitality Trust Management Pte Ltd. He is also a Director of ACR Capital Holdings Pte Ltd and IFS Capital Limited. Mr Law was previously Deputy Managing Director (Administration and Insurance) at the MAS, Managing Director and Chief Executive Officer of OAC, a Member of Central Provident Fund as well as Director of ECICS Limited and Manulife (Singapore) Pte Ltd. Mr Law holds a Bachelor of Science (First Class Honours in Mathematics) from the University of Singapore and a Master of Science (Actuarial Science) from the Northeastern University, USA. He is a Fellow of the Society of Actuaries, USA, and was awarded the Public Service Star (BBM) in 2001.

Fook Sun Lee

Mr. Lee Fook Sun has been appointed as Non-Executive Independent Director of the Company., effective August 1, 2017. He was GEH Directors, upon appointment, are advised of their duties and responsiblities as well as compliance requirements under the relevant statutes, guidelines, regulations and the SGX Listing Manual. Mr Lee will also be attending courses and seminars organize by SID and trainings conduct by GEH or external parties. He worked in Singapore Technologies Engineering Limited - Deputy Chief Executive Officer - December 2014 to June 2017 - President Defence Business - March 2013 to June 2017 Singapore Technologies Electronics Limited - President - August 2009 to December 2016 - Deputy President, Operations / Defence Business / International Business Operations - December 2000 to August 2009.

Khai Fatt Lee

Mr. Lee Khai Fatt is Independent Non-Executive Director of Great Eastern Holdings Limited. He was first appointed to the Board of the Company on 1 July 2014 and was re-elected as the Company’s Director on 15 April 2015. He is also a Director of Great Eastern Life. Mr Lee trained as a Chartered Accountant in London and, in his professional career spanning 36 years, he has worked in both the United Kingdom and Singapore. He was a partner of Price Waterhouse and PricewaterhouseCoopers LLP until 2010, holding leadership positions at firm, practice, industries and sector levels. As a non-executive, independent Director of other public and private companies, he held Chairmanship of Board, Audit Committee and Nominating Committee positions. These include CapitaLand Mall Trust Management Limited, FEO Hospitality Trust Management Pte Ltd, Jurong International Holdings Pte Ltd, MFS Technology Ltd and WBL Corporation Ltd, amongst others. He is a Fellow of both the Institute of Chartered Accountants in England and Wales and the Institute of Singapore Chartered Accountants.

Tit Koon Soon

Mr. Soon Tit Koon is Independent Non-Executive Director of the Company. He was first appointed to the Board of the Company on 1 January 2016 and was last re-elected as the Company’s Director on 19 April 2016. He is a Director of OCBC Wing Hang Bank Limited, SPH REIT Management Pte Ltd and Wah Hin & Company Private Limited. Mr Soon held a series of senior positions in Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) from 2002 to December 2011 when he retired from the bank. He was the Chief Financial Officer of OCBC Bank from September 2002 to June 2008, and from April 2010 to November 2011. He was the Head of Group Investments of OCBC Bank from June 2008 to April 2010. Prior to joining OCBC Bank, Mr Soon was the Chief Financial Officer of Wilmar Holdings Pte Ltd from 2000 to 2002. From 1983 to 2000, he worked in Citicorp Investment Bank (Singapore) Limited and was Managing Director from 1993 to 2000. Mr Soon holds a Bachelor of Science (Honours) in Applied Chemistry from the University of Singapore and a Master of Business Administration from University of Chicago, USA. He also completed the Advanced Management Program at Harvard Business School.

Lian Ee Teoh

Ms. Teoh Lian Ee is Non-Executive Independent Director of the Company., effective August 1, 2017. She was GEH Directors, upon appointment, are advised of their duties and responsibilities as well as compliance requirements under the relevant statutes, guidelines, regulations and the SGX Listing Manual. Ms Teoh will also be attending courses and seminars organize by SID and trainings conduct by GEH or external parties. She worked as Ad hoc Legal Counsel, Revenue Division, Ministry of Finance, Brunei - March 2017 to present Consultant, Tax & Trust, Rajah & Tann LLP - 2014 to present Senior Consultant, IRAS - 2008 to 2014

Nam Yew Thean

Mr. Thean Nam Yew is Independent Non-Executive Director of the Company. He was first appointed to the Board of the Company on 5 January 2017. He has 24 years of experience in consulting, technology, change and transformation delivery and his experience is mainly focused on working with C-level executives to create strong linkages between transformation programs to the respective clients’ business agenda. He has extensive financial services industry experience and has been working with large financial institutions in the ASEAN region. Mr Thean holds a Bachelor of Electrical and Electronic Engineering (First Class Honours) from the University of Melbourne, Australia and has completed an Advanced Business Management Programme from the Kellogg Graduate School of Management, Northwestern University, Illinois, USA.