Change - Announcement of Appointment::Appointment of Executive Officer

Issuer & Securities

Issuer/ Manager
SINGAPORE TECHNOLOGIES ENGINEERING LTD
Securities
SINGAPORE TECH ENGINEERING LTD - SG1F60858221 - S63
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Jun-2023 17:18:58
Status
New
Announcement Sub Title
Appointment of Executive Officer
Announcement Reference
SG230630OTHRQDV9
Submitted By (Co./ Ind. Name)
Tan Wan Hoon
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Lam Wai Meng Jeffrey, President Commercial Aerospace as a member of Group Executive Committee of Singapore Technologies Engineering Ltd ("ST Engineering")

Additional Details

Date Of Appointment
01/07/2023
Name Of Person
Lam Wai Meng Jeffrey
Age
51
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Lam Wai Meng Jeffrey, who has been serving as President Commercial Aerospace since March 2020, will be appointed a member of the Group Executive Committee ("EXCO") of ST Engineering.

Under Jeffrey's leadership, the Commercial Aerospace business, a key growth driver of the Group, has demonstrated resilience throughout the COVID-19 pandemic. Alongside his current responsibilities, Jeffrey will continue to lead the Group's continuous improvement initiatives and drive its ongoing efforts.

With his wealth of experience in the Aerospace industry, the Board, through the Executive Resource & Compensation Committee, is confident that Jeffrey will add strength to the EXCO and continue to lead the Commercial Aerospace business to greater heights.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive in nature.

As President Commercial Aerospace, Jeffrey is responsible for the international growth of the Group's Commercial Aerospace business area.

Jeffrey reports to the Group President and Chief Executive Officer of ST Engineering.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Member of Group Executive Committee
Professional qualifications
Bachelor of Science in Aerospace Engineering, Bachelor of Arts in French, and Master of Science in Industrial & Operations Engineering from the University of Michigan, USA

Diploma in Economics from the Universite d'Aix-Marseille III, France

Advanced Management Program in Harvard University
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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Jeffrey has been with the Group since 2011 and he has spent more than 10 years of his career in the Group's Aerospace business. He has held several senior management appointments within the Group including that of President, Aerospace sector of ST Engineering, Chief Operating Officer, ST Engineering Aerospace, VP/GM of ST Aerospace Engines and VP Engine Total Support of the Aerospace sector.
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
ST Engineering
- 125,234 shares
- up to 631,287 Performance Shares*
- 11,164 unvested Restricted Shares**
- 215,050 unvested Restricted Shares***

* pursuant to the ST Engineering Performance Share Plan 2020
** pursuant to the ST Engineering Restricted Share Plan 2010
*** pursuant to the ST Engineering Restricted Share Plan 2020
# 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)
EcoServices, LLC
Elbe Flugzeugwerke GmbH
ST Engineering Defence Aviation Services Pte. Ltd.
ST Engineering Aerospace Engines Pte. Ltd.
ST Engineering Aerospace Supplies Pte. Ltd. (amalgamated with ST Engineering Aerospace Systems Pte. Ltd. in July 2021)
ST Engineering Aerospace Systems Pte. Ltd.
VisionTech Engineering Pte Ltd
VT Mobile Aerospace Engineering, Inc.
VT San Antonio Aerospace, Inc.

Present
Juniper Aviation Investments Pte. Ltd.
Keystone Holdings (Global) Pte. Ltd.
Shanghai Technologies Aerospace Company Limited
ST Aerospace (Guangzhou) Aviation Services Company Limited
ST Engineering Aerospace (Hubei) Aviation Services Company Limited
ST Engineering Aerospace America, Inc.
ST Engineering Aerospace Guangzhou Aero-Technologies & Engineering Co., Ltd.
ST Engineering Aerospace Ltd.
ST Engineering Aerospace Seats Pte. Ltd.
ST Engineering Aerospace Services Company Pte. Ltd.
ST Engineering Aerospace Solutions A/S
ST Engineering Aerospace Technologies (Xiamen) Co Ltd
ST Engineering AirX Pte. Ltd.
Total Engine Asset Management Pte. Ltd.
Turbine Coating Services Pte Ltd
Turbine Overhaul Services Pte 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
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
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.