Edition:
United States

Great Eastern Holdings Ltd (GELA.SI)

GELA.SI on Stock Exchange of Singapore

20.56SGD
7 Dec 2016
Change (% chg)

$0.16 (+0.78%)
Prev Close
$20.40
Open
$20.60
Day's High
$20.75
Day's Low
$20.20
Volume
29,700
Avg. Vol
22,202
52-wk High
$23.27
52-wk Low
$19.36

Summary

Name Age Since Current Position

Beng Seng Koh

65 2014 Independent Non-Executive Chairman of the Board

Hock Seng Khor

55 2015 Group Chief Executive Officer

Yew Chye Tan

43 2016 Chief Financial Officer

Kah Siang Khoo

2012 Chief Executive Officer - Singapore, The Great Eastern Life Assurance Company Limited

Yaw Hui Koh

Chief Executive Officer - Great Eastern Life Assurance (Malaysia) Bhd

Mun Thim Yoon

Group Chief Investment Officer

Kok Keng Lee

2010 Group Chief Marketing & Distribution Officer

Ronnie Tan

2013 Group Chief Risk Officer

Pakshong Wong

2009 Group Company Secretary, General Counsel

Ming Heng Ho

Managing Director - Group Operations

James Lee

Managing Director, Group Human Capital

Yoh Thai Ng

2013 Managing Director - Group Information Technology

Wee Cheak Chin

2009 Head - Group Audit

Ka Cheung Ip

63 2015 Non-Executive Director

Chien Shih Lee

56 2005 Non-Executive Non-Independent Director

Yam Pin Tan

75 2014 Non-Executive Non-Independent Director

Nag Tsien

61 2012 Non-Executive Director

Joo Yeow Wee

68 2016 Non-Executive Director

Song Keng Law

71 2013 Independent Non-Executive Director

Khai Fatt Lee

64 2014 Independent Non-Executive Director

Tit Koon Soon

64 2016 Non-Executive Independent Director

Biographies

Name Description

Beng Seng Koh

Mr. Koh Beng Seng is Independent Non-Executive Chairman of the Board of Great Eastern Holdings Limited., since January 2, 2008. 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”) (until 31 January 2005) and a Director of UOB, Far Eastern Bank Ltd (until 15 February 2005), Japan Wealth Management Securities Inc. (until December 2011), Fraser and Neave, Limited (until 26 February 2013) and Sing Han International Financial Services Limited (until 30 April 2015). 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 has been appointed as Group Chief Executive Officer of the Company effective November 2, 2015. He Joined Company in November 2015. Over 30 years of insurance experience. Prior to joining Great Eastern, held senior leadership positions in major multinational insurance companies. Responsible for the overall strategic direction and business growth for the Great Eastern Group. He holds BArts majoring in Actuarial Studies and Statistics, Macquarie University, Australia; and Certificate of Actuarial Techniques, London Institute of Actuaries, UK.

Yew Chye Tan

Kah Siang Khoo

Dr. Khoo Kah Siang is Chief Executive Officer - Singapore, The Great Eastern Life Assurance Company Limited, a subsidiary of Great Eastern Holdings Limited., since June 1, 2012. He holds a Doctorate in Statistics. He has spent the last 16 years in the financial sector, including four years as Deputy Director in the Monetary Authority of Singapore. He was most recently General Manager (Singapore), an appointment he held since April 2011. Dr. Khoo is also Chairman of Great Eastern Financial Advisers. He joined Great Eastern Life Assurance Co. Ltd. in 2006 as Head of Group Corporate Finance and has held several portfolios in the company since, including Head of Group Actuarial, Appointed Actuary, as well as Chief Financial Officer. He has spent the last 17 years the financial sector, including four years as Deputy Director in the Monetary Authority of Singapore. He is a Fellow of the Institute of Actuaries, United Kingdom. Dr. Khoo holds a Ph.D. in Statistics from the University of Kent, Canterbury, United Kingdom.

Yaw Hui Koh

Dato' Koh Yaw Hui is Chief Executive Officer of Great Eastern Life Assurance (Malaysia) Bhd., a subsidiary of Great Eastern Holdings Limited. He joined Great Eastern in 2002. He is responsible for the operations and business growth, Net Profit After Tax and New Business Embedded Value of Great Eastern Life and Overseas Assurance Corporation in Malaysia. He holds a Bachelor of Social Science (Hons) in Economics, Universiti Sains Malaysia. He is a Fellow of Life Management Institute, the United States and a Registered Financial Planner (RFP).

Mun Thim Yoon

Mr. Yoon Mun Thim is Group Chief Investment Officer of Great Eastern Holdings Limited. He is with Great Eastern since 2009. He is responsible for the formulation of investment strategies and management of investments within the Group. He holds 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 & Distribution 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.

Ronnie Tan

Mr. Ronnie Tan is Group Chief Risk Officer of the Company. He was Head - Group Risk Management at Great Eastern Holdings Limited. He is with Great Eastern since 2002. Responsible for the management of the various risks of the Group, including market, credit, insurance, operational and compliance risks. His holds Bachelor of Science in Business Administration (Highest Distinction) from University of Nebraska- Lincoln. He is a Chartered Financial Analyst, a Fellow of the Society of Actuaries, and a Member of The American Academy of Actuaries.

Pakshong Wong

Ms. Wong (Jennifer) Pakshong is Group Company Secretary and General Counsel of the Company. She oversees the corporate secretarial and legal functions of the Group. Her qualifications are LLB (Hons) from University of Bristol (UK), LLM (with Merit) from University College London; Degree of an Utter Barrister, Gray's Inn (UK); and admitted as an Advocate and Solicitor of the Supreme Court of Singapore.

Ming Heng Ho

Mr. Ho Ming Heng is Managing Director - Group Operations of Great Eastern Holdings Limited. He joined Great Eastern in 2008. He is responsible for the Group’s operations in the insurance value chain starting from New Business Underwriting to Claims and is responsible for the development of IT within the Group. He was formerly the Chief Executive Officer of CIMB Aviva in Malaysia. He holds the Bachelor of Science in Engineering from King's College, London University, United Kingdom.

James Lee

Mr. James Lee is Managing Director, Group Human Capital of Great Eastern Holdings Limited. He is working With Great Eastern since 1997. He is Responsible for human capital and change programmes within the Group. He holds 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, since December 2013 and OCBC Bank since 2003. He holds BSc (Hons) in Computer science and Master of science in Computer science in University of Manitoba, Canada.

Wee Cheak Chin

Mr. Chin Wee Cheak is Head - Group Audit at Great Eastern Holdings Limited. He is working with Great Eastern since 2009 and the OCBC Group since 1999. He is responsible for independent and objective assessment of the Group’s network of risk management, control and governance processes through internal audits. His qualifications includes Bachelor of Accountancy, (2nd Upper Class Hons) from National University of Singapore.

Ka Cheung Ip

Mr. Ip Ka Cheung is Non-Executive Director of Great Eastern Holdings Limited. He is no longer an Acting Group Chief Executive Officer of the Company effective November 2, 2015. He is a Director He is a Director of the Company’s subsidiaries, including Great Eastern Life, OAC, Great Eastern Life Assurance (Malaysia) Bhd, Overseas Assurance Corporation (Malaysia) Bhd and Great Eastern Takaful Bhd. He is also a Director of AIMS AMP Capital Industrial REIT Management Limited as well as a member of the Building and Construction Authority and the Securities Industry Council. He is presently the Group Managing Director of United Engineers Limited. Mr Ip was previously Chairman of Malaysia Smelting Corporation Berhad (until 1 July 2014), a Director of Australia Oriental Minerals NL, a company listed on the Australian Securities Exchange (until 22 June 2011) and Chairman of UE E&C Ltd (until 29 January 2015). 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.

Chien Shih Lee

Dr. Lee Chien Shih was Non-Executive Non­-Independent Director of Great Eastern Holdings Limited. Mr. Lee was first appointed to the Board of the Company on 7 July 2005 and was last re-elected as the Company’s Director on 17 April 2013. He was a Director of OAC until 1 January 2014 and Great Eastern Life until 15 April 2008. He is a Director of several Bukit Sembawang Estates Limited Group Companies, Lee Latex (Pte) Limited, Lee Rubber Company (Pte) Limited, Lee Foundation, Singapore, and Lee Foundation, States of Malaya. He is also an Alternate Director in Selat (Pte) Limited and Singapore Investments (Pte) Limited. Mr. Lee holds a MBBS from the National University of Singapore.

Yam Pin Tan

Mr. Tan Yam Pin is Non-Executive Non-Independent Director of Great Eastern Holdings Limited. Mr. Tan was first appointed to the Board of the Company on 7 January 2005 and was last re-elected as the Company’s Director on 15 April 2015. He was a Director of Great Eastern Life and OAC until 1 January 2014. Mr. Tan is also a Director of General Storage Company Pte. Ltd., Keppel Land Limited, Lee Kuan Yew Scholarship Fund and Singapore Post Limited. He is currently Deputy Chairman of the Singapore Public Service Commission which he is a member since 1990. He was previously a Director of Blue Scope Steel Limited (Australia) (until 4 November 2013). He was also an Advisory Board Member of Leighton Asia Limited (Hong Kong) (until 7 August 2015). Mr. Tan holds a Bachelor of Arts (Honours) from the University of Singapore and a Master of Business Administration from the University of British Columbia, Canada. He is a Fellow of the Canadian Institute of Chartered Accountants, Canada.

Nag Tsien

Mr. Tsien Nag is Non-Executive Director of Great Eastern Holdings Limited., since April 15, 2012. Mr. Tsien 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 Chief Executive Officer and a Director of OCBC Bank. He is presently the Chairman of OCBC Bank (China) Ltd and a Commissioner of PT Bank OCBC NISP Tbk. He also serves on the boards of major OCBC Group Companies, including Bank of Singapore Limited, OCBC Wing Hang Bank Ltd, OCBC Bank (Malaysia) Berhad and OCBC Al-Amin Bank Berhad. He is a Director of Mapletree Investments Pte Ltd and The Institute of Banking & Finance. He is also a council member of the Association of Banks in Singapore and the Singapore Business Federation. He serves as a Member of the Malaysia-Singapore Business Council, the Advisory Committee of the MAS Financial Sector Development Fund, the MAS Financial Centre Advisory Panel and the Financial Sector Tripartite Committee. Prior to joining OCBC Bank, Mr Tsien was the President and Chief Executive Officer of China Construction Bank (Asia), and prior to that President and Chief Executive Officer of Bank of America (Asia) from 1995 to 2006. 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 Non-Executive Director of the Company effective January 1, 2016. He has more than 39 years of corporate banking experience. He was Managing Director & Head of Corporate Banking Singapore at United Overseas Bank Ltd until his retirement in June 2013. Prior to that, he was Executive Vice President & Head of Corporate Banking with Overseas Union Bank Ltd and Head, Credit & 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, Oversea- Chinese Banking Corporation Limited 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.

Song Keng Law

Mr. Law Song Keng is Independent Non-Executive Director of Great Eastern Holdings Limited., since January 1, 2013. Mr. Law was first appointed to the Board of the Company on 1 January 2013 and was last re-elected as the Company’s Director on 15 April 2015. He is 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, ECICS Limited and IFS Capital Limited. Mr Law was previously Deputy Managing Director (Administration and Insurance) at the Monetary Authority of Singapore (until August 1992), Managing Director and Chief Executive Officer of OAC (until June 2003), a member of Central Provident Fund (until June 2012) and Director of Manulife (Singapore) Pte Ltd (until September 2012). 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.

Khai Fatt Lee

Mr. Lee Khai Fatt is Independent Non-Executive Director of Great Eastern Holdings Limited., with effect from 1 July 2014. Mr. Lee was first appointed to the Board on 1 July 2014. He is a Director of Great Eastern Life. He is the Chairman of MFS Technology Ltd and a Director of CapitaLand Mall Trust Management Limited, FEO Hospitality Asset Management Pte. Ltd. and FEO Hospitality Trust Management Pte. Ltd. He also serves as a member of the Audit Committee of National Art Gallery. He was a Director of WBL Corporation Limited (until 1 March 2014) and Jurong International Holdings Pte. Ltd. (until 9 June 2015). Mr. Lee has close to 40 years of experience in audit and business advisory services, having worked in both the United Kingdom and Singapore. He was a partner of PricewaterhouseCoopers LLP and Price Waterhouse in Singapore. Mr. Lee holds a Master of Business Administration from the University of London, Imperial College of Science, Technology and Medicine, a Master of Science (Distinction) in International Management from the University of London, The School of Oriental and African Studies, and a Bachelor of Arts (Honours) in Business Studies from the Council of National Academic Awards, Polytechnic of the South Bank London. 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 Non-Executive Independent Director of the Company effective January 1, 2016. Mr Soon was first appointed to the Board of the Company on 1 January 2016. He is a Director of SPH REIT Management Pte Ltd, Wah Hin & Company Private Limited, Bank of Ningbo Co., Ltd and AVIC Trust Co., Ltd. Mr Soon held a series of senior positions in 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.