Change - Announcement of Appointment::APPOINTMENT OF CHIEF FINANCIAL OFFICER

Issuer & Securities

Issuer/ Manager
SINGAPORE AIRLINES LIMITED
Securities
SIA S$700M3.035%N250411 - SG7AG1000009 - 6S1B
SIA S$700M3.13%N270823 - SG7FH2000005 - 7J1B
SIA S$600M3.16%N231025 - SGXF82409008 - Z7VB
SIA S$750M 3.03% B 240328 - SGXF93746596 - SQ1B
SIA MCB S$3.496B Z300608 - SGXF17205307 - WPOB
SIA S$500M3.5%N301202 - SGXF10397887 - HGGB
SIA S$850M1.625%CB251203 - XS2260025296 - VTRB
SIA US$500M3%N260720 - XS2284332769 - FJYB
SIA S$300M3.75%N240408 - SG6PE4000001 - 3F4B
SINGAPORE AIRLINES LTD - SG1V61937297 - C6L
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
19-May-2021 17:20:56
Status
New
Announcement Sub Title
APPOINTMENT OF CHIEF FINANCIAL OFFICER
Announcement Reference
SG210519OTHRYL7H
Submitted By (Co./ Ind. Name)
Brenton Wu
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Chief Financial Officer

Additional Details

Date Of Appointment
31/05/2021
Name Of Person
Tan Kai Ping
Age
48
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Having assessed the qualifications, experience and competency of Mr Tan Kai Ping, the Board is of the view that he is suitable for the appointment of Chief Financial Officer.
Whether appointment is executive, and if so, the area of responsibility
The appointment is an executive position. Responsible for the overall financial functions of the SIA Group, including accounting, taxation, treasury, financial reporting, risk management, insurance and investor relations.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer.
Professional qualifications
Master of Engineering in Electrical and Electronic Engineering with Management (First Class Honours) degree, Imperial College of Science, Technology and Medicine, UK.
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
Mr Tan Kai Ping joined Singapore Airlines ("SIA") in 1995 as a Cadet Administrative Officer. He held various positions in SIA's Cargo Division before being promoted to Cargo Manager Corporate Strategy in 2001, and Senior Manager Freighter Planning and Corporate Strategy the following year. Mr Tan was appointed as Singapore Airlines Cargo ("SIA Cargo")'s General Manager Singapore in 2003. In October 2005, Mr Tan was seconded as President of Shanghai-based Great Wall Airlines Company Limited. He returned to SIA Cargo as Senior Vice President Operations in October 2008 and assumed the post of President SIA Cargo in March 2010. Mr Tan returned to Singapore Airlines as Senior Vice President Corporate Planning on 1 August 2013. He was appointed as Senior Vice President Marketing Planning on 15 August 2016 and Executive Vice President Finance & Strategy on 1 April 2020.
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
Singapore Airlines Limited ("SIA")
78,301 ordinary shares
SIA Equity Compensation Plans:
(i) Performance Shares*
88,418 (Base Award)
(ii) Restricted Shares**
38,000 (Base Award)
17,381 (Final Share Award Pending Release)
(iii) Deferred Share Award**
8,842 (Base Award)
(iv) Transformation Share Award**
6,280 (Final Share Award Pending Release)
(v) Strategic Share Award**
24,900 (Final Share Award Pending Release)
*pursuant to the SIA Performance Share Plan 2014
**pursuant to the SIA Restricted Share Plan 2014
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)
Chairman: Tradewinds Tours & Travel Private Limited
Director: Airbus Asia Training Centre Pte Ltd
Director: SilkAir (Singapore) Private Limited
Member, Board of Governors: Singapore International Foundation
Present
Chairman: Encounters Pte. Ltd.
Director: Budget Aviation Holdings 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
Disclosure applicable to the appointment of Director only.
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
Not applicable
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)
Not applicable