23 Feb 2021

(1) Re-designation of Independent Chairman to Non-independent and Non-executive Chairman (2) Appointment of Lead Independent Director

Singapore, 23 February 2021 – Sembcorp Marine Ltd (the “Company” or “SCM”) wishes to announce the following changes to the Board with effect from 22 February 2021:

  1. Re-designation of Chairman
    Tan Sri Mohd Hassan Marican has been re-designated from Independent Chairman to Non-Independent and Non-Executive Chairman (the “Re-designation”), after completing nine years of service as an Independent Director. He has also stepped down as the Chairman of both the Nominating Committee (“NC”) and the Executive Resource & Compensation Committee (“ERCC”), and has remained as a NC member and an ERCC member.

  2. Appointment of Lead Independent Director
    Mr Eric Ang Teik Lim has been appointed as the Lead Independent Director of SCM. He has also been appointed as the Chairman of the NC and the ERCC.

Consequent to the above changes, the composition of the Board, the NC and the ERCC shall be as follows:

Board
Tan Sri Mohd Hassan Marican (Non-Independent and Non-Executive Chairman)
Mr Wong Weng Sun (Executive Director and President & CEO)
Mr Eric Ang Teik Lim (Lead Independent Director)
Mrs Gina Lee-Wan (Independent Director)
Mr Bob Tan Beng Hai (Independent Director)
Mr William Tan Seng Koon (Independent Director)
Mr Patrick Daniel (Independent Director)
Mr Tan Wah Yeow (Independent Director)
Mr Koh Chiap Khiong (Non-Independent and Non-Executive Director)

Nominating Committee
Mr Eric Ang Teik Lim (Chairman)
Tan Sri Mohd Hassan Marican (Member)
Mr Patrick Daniel (Member)

Executive Resource & Compensation Committee
Mr Eric Ang Teik Lim (Chairman)
Tan Sri Mohd Hassan Marican (Member)
Mr Patrick Daniel (Member)
Mr William Tan Seng Koon (Member)

There is no change to the composition of all other board committees.

Further details of Tan Sri’s Re-designation will be released in a separate announcement today.

 

For more information, please contact:

Analysts’ enquiries
Ms Chua Mun Yuen
Head of Investor Relations and Corporate Communications
DID: +65 6971 7039
Email: munyuen.chua@sembmarine.com


Media enquiries

Mr Daoyi Lin
Manager, Corporate Communications
DID: +65 6971 7040
Email: daoyi.lin@sembmarine.com

 

Please click below for:

 

 

Top