Change - Announcement of Appointment::Announcement of Appointment of Chief Financial Officer - Designate

Issuer & Securities

Issuer/ Manager
FRASERS CENTREPOINT ASSET MANAGEMENT (COMMERCIAL) LTD.
Securities
FRASERS COMMERCIAL TRUST - SG2C81967185 - ND8U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
29-May-2017 06:59:05
Status
New
Announcement Sub Title
Announcement of Appointment of Chief Financial Officer - Designate
Announcement Reference
SG170529OTHRH53T
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Chief Financial Officer - Designate

Additional Details

Date Of Appointment
29/05/2017
Name Of Person
Yeo Whay Teng, Tricia
Age
39
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Frasers Centrepoint Asset Management (Commercial) Ltd. ("FCAMC") has as part of succession planning identified a successor for Ms Chew Chiu Shan, who will be stepping down as Financial Controller of FCAMC and assuming wider responsibilities within the Frasers Centrepoint Limited group.

The Board has reviewed the qualifications and work experience of Ms Yeo Whay Teng, Tricia. The Board has assessed Ms Yeo's previous employment and experience to be highly relevant and suitable for the role. Ms Yeo has more than 15 years of experience in the banking and finance industry. She was with Maybank Kim Eng Securities Pte. Ltd. for almost 4 years, where she last held the position of Head of Real Estate, Investment Banking & Advisory. Prior to that, Ms Yeo had worked for Singbridge International Pte Ltd, Deutsche Bank, Citigroup and PricewaterhouseCoopers in various positions.
Whether appointment is executive, and if so, the area of responsibility
Executive.

Ms Yeo will be responsible for the accounting, capital management and financial reporting functions of FCAMC (the manager of Frasers Commercial Trust ("FCOT")) and FCOT.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer - Designate; Ms Yeo Whay Teng, Tricia's appointment as Chief Financial Officer will take effect from 1 August 2017.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
June 2013 to April 2017: Head of Real Estate, Investment Banking & Advisory, Maybank Kim Eng Securities Pte. Ltd.

April 2012 to February 2013: Vice President, Business Development, Singbridge International Pte Ltd

April 2008 to April 2011: Vice President, Investment Banking, Deutsche Bank

April 2005 to March 2008: Associate, Investment Banking, Citigroup
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?
No
Other Directorships
# 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)
Nil
Present
Nil
(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 a listed company?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Not Applicable