Change - Announcement of Appointment::Appointment of Ng Chin Hwee as Chief Executive Officer with effect from 1 April 2020

Issuer & Securities

Issuer/ Manager
SIA ENGINEERING COMPANY LIMITED
Securities
SIA ENGINEERING CO LTD - SG1I53882771 - S59
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
17-Feb-2020 17:25:42
Status
New
Announcement Sub Title
Appointment of Ng Chin Hwee as Chief Executive Officer with effect from 1 April 2020
Announcement Reference
SG200217OTHR20PX
Submitted By (Co./ Ind. Name)
Lu Ling Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Mr Ng Chin Hwee, who is a Non-executive Director on the Board of SIA Engineering Company Limited (SIAEC) and the Executive Vice President Human Resources and Operations of Singapore Airlines Limited, will succeed Mr Png Kim Chiang as CEO on 1 April 2020.

Additional Details

Date Of Appointment
01/04/2020
Name Of Person
Mr Ng Chin Hwee
Age
59
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board has decided that Mr Ng Chin Hwee will succeed Mr Png Kim Chiang as Chief Executive Officer of the Company when the latter retires on 1 April 2020. Mr Ng's extensive experience in aviation, business and operations will place him in good stead to manage SIA Engineering Company Limited (SIAEC) and its Group Companies.
Whether appointment is executive, and if so, the area of responsibility
Mr Ng's appointment is Executive. Upon his appointment as Chief Executive Officer, he will be responsible for the overall management of SIAEC and its Group Companies. Mr Ng will remain on the Board of SIAEC as a Non-Independent, Executive Director.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer and Executive Director
Professional qualifications
- Master of Science in Management, Massachusetts Institute of Technology, USA
- Bachelor of Engineering (1st Class Honours), National University of Singapore
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Mr Ng is currently the Executive Vice President for Human Resources and Operations in Singapore Airlines Ltd (SIA). He joined SIA in 1985 and has been appointed to various senior positions in Singapore and overseas.

In 2004, he returned to Singapore to take up the position of President & Chief Executive Officer of Singapore Airport Terminal Services Ltd (SATS). He left SATS to rejoin SIA as Executive Vice President for Human Resources and Planning on 1 January 2008. He was appointed Executive Vice President Human Resources and Operations on 1 February 2011 and currently takes charge of the divisions of Cabin Crew, Engineering, Flight Operations, Customer Services and Operations, and Human Resources.
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
10,000 ordinary shares of SIAEC, held in the name of DBS Nominees (Private) Limited
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
1. Chairman, Singapore Airlines Cargo Pte Ltd
2. Chairman, Scoot Pte Ltd
3. Director, Tiger Airways Holdings Ltd
Present
1. Director, Budget Aviation Holdings Pte Ltd
2. Director, NokScoot Airlines Co Ltd
3. Co-Chairman, Advisory Council on Community Relations in Defence (Employer and Business)
4. Member, Future Economy Council, Trade and Connectivity Sub-Committee
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
N.A.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
N.A.