Change - Announcement of Appointment::Appointment as Independent Director

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
11-May-2023 18:50:47
Status
New
Announcement Sub Title
Appointment as Independent Director
Announcement Reference
SG230511OTHRWGNX
Submitted By (Co./ Ind. Name)
Caroline Chang/Samantha Teong
Designation
Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Appointment as Independent Director

Additional Details

Date Of Appointment
01/07/2023
Name Of Person
Ang Wan Ching
Age
56
Country Of Principal Residence
Germany
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Having evaluated the balance and mix of skills, knowledge, experience and other aspects of diversity, and the size of the Board and in consultation with management, the Nominating Committee ("NC") of Keppel Corporation Limited ("KCL") shortlisted and met with some candidates to assess suitability and to ensure that the candidates were aware of the expectations and level of commitment required of a KCL Board member. The NC was of the view that Ms Ang Wan Ching would be a suitable addition to the Board as Keppel accelerates its transformation to be a leading global alternative real asset manager with deep operating capabilities in infrastructure, real estate and connectivity, and that the Board would benefit from her expertise and experience on several fronts, including her experience in global investment, especially in private funds and alternative assets.

The Board having considered the recommendation from the NC, approved the appointment of Ms Ang Wan Ching as an Independent Director to the Board.

Whether appointment is executive, and if so, the area of responsibility
Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director
Professional qualifications
1. Bachelor of Arts (First Class Honours) in Philosophy, Politics and Economics, University of Oxford; and
2. Masters of Business Administration (Dean's List), INSEAD (France).
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
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Member of Supervisory Board, HQ Capital GmbH & Co KG (Germany) - from April 2023 to present
Member of Supervisory Board, HQ Holding GmbH & Co KG (Germany) - from March 2021 to March 2023
External Investment Committee Member, British International Investment plc (UK) - from 2014 to March 2023
External Investment Committee Member, Montana Capital Partners AG (Switzerland) - from 2012 to present
Member of Supervisory Board, Bavaria Industries Group AG (Germany) - from 2012 to present
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 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. HQ Holding GmbH & Co KG (Germany).
Present
1. HQ Capital GmbH & Co KG (Germany); and
2. Bavaria Industries Group AG (Germany).
(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
Appropriate training and briefings will be provided to Ms Ang in respect of her roles and responsibilities of a director of a public listed company in Singapore.

Attachments

MREL_KCL appoints Ms Ang Wan Ching to its Board.pdf
Total size =120K