General Announcement::Appointment of Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
Stapled Security

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
13-Nov-2018 07:27:18
Announcement Sub Title
Appointment of Non-Executive Independent Director
Announcement Reference
Submitted By (Co./ Ind. Name)
Kimberley Lye Chor Mei
Director, Corporate Secretarial
Description (Please provide a detailed description of the event in the box below)
The Board of Directors ("Board") of Golden Agri-Resources Ltd (the "Company") wishes to announce the appointment of Mr Christian G H Gautier de Charnace as a Non-Executive Independent Director of the Company, and as a member of the Audit Committee of the Company, effective 13 November 2018.

Mr Gautier de Charnace brings with him, over 40 years of broad and diversified international experience in Corporate and Institutional Banking, combining executive management positions with numerous financing, fund raising, capital markets and advisory transactions for clients throughout Asia, USA and Europe.

He was CEO Investment Banking Asia Pacific at BNP Paribas Bank ("BNP") prior to retiring in 2017, having held that position since 2013. He was with BNP since 1980. When he was with BNP, he was Head of Paribas branches and region in Seoul, Taipei and Los Angeles / Western US region (1980 - 1990); Managing Director and Head of Asia Pacific region based in Paris (1991 - 1993); Managing Director and successively Head of Capital Markets and Corporate Finance for Asia Pacific based in London, Singapore, Hong Kong, Tokyo and Hong Kong (1993 - 2013). Mr Gautier de Charnace started his career in banking at Bank of America. He was Vice President of Multinational Division Paris and Houston (1973 to 1980).

Mr Gautier de Charnace graduated from Institut d' Etudes Politiques de Paris in Economy and Finance, and he also holds a Bachelor's degree from the University of Law in Paris.

Mr Gautier de Charnace currently sits on the Board of Directors of Millennium & Copthorne Hotels PLC as an independent non-executive Director, and on the Board of Commissioners of PT BNP Paribas Sekuritas Indonesia as an independent President Commissioner.

For the purposes of Rule 704(8) of the listing manual of the Singapore Exchange Securities Trading Limited ("Listing Manual"), Mr Gautier de Charnace is considered independent by the Board.

Details on the above appointment as required under Rule 704(7) of the Listing Manual are set out in a separate announcement released today.

By Order of the Board

Rafael Buhay Concepcion, Jr.
13 November 2018