Change - Announcement of Appointment::Appointment of Non-Executive and Independent Chairman

Issuer & Securities

Issuer/ Manager
KEPPEL CORPORATION LIMITED
Securities
KEPPEL CORPORATION LIMITED - SG1U68934629 - BN4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
24-Feb-2021 07:31:14
Status
New
Announcement Sub Title
Appointment of Non-Executive and Independent Chairman
Announcement Reference
SG210224OTHRZ9BY
Submitted By (Co./ Ind. Name)
Caroline Chang/Kenny Lee
Designation
Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Danny Teoh Leong Kay as Non-Executive and Independent Chairman.

Additional Details

Date Of Appointment
23/04/2021
Name Of Person
Danny Teoh
Age
65
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
02/06/2020
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
After considering both internal and external candidates, the Board, at the recommendation of the Nominating Committee, was satisfied that Mr Danny Teoh, with his sharp business acumen and deep expertise in governance, finance and risk management, as well as having been a longstanding Director, Chairman of the Audit Committee and a member of the Remuneration and Board Risk Committees, would be able to provide effective leadership to the Board and management as Non-Executive and Independent Chairman. For more information, please refer to attached announcement.
Whether appointment is executive, and if so, the area of responsibility
Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Chairman
Professional qualifications
Associate member of the Institute of Chartered Accountants in England & Wales
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
Mr Teoh is currently a Non-executive and Independent Director of Keppel Corporation Limited and Chairman of M1 Limited (a subsidiary of Keppel Corporation Limited).
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Retired
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
94,825 shares in Keppel Corporation Limited
8,911 units in Keppel REIT
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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. CapitaLand Mall Trust Management Limited (Manager of CapitaLand Mall Trust)
2. JTC Corporation
3. Ascendas - Singbridge Pte. Ltd.
4. DBS Bank (China) Limited
5. Changi Airport Group (Singapore) Pte Ltd
6. DBS Group Holdings Ltd
7. DBS Bank Ltd
8. DBS Foundation Ltd
Present
1. M1 Limited (Chairman)
2. DBS Bank (Taiwan) Ltd
(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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Mr Teoh has been a director on the Board of Keppel Corporation Limited since 2010.

Attachments

MR_KCL_Chairman.pdf
Total size =120K