Change - Announcement of Appointment::Appointment of Non-Executive, Non-Independent Director

Issuer & Securities

Issuer/ Manager
CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD
Securities
CHINA AVIATION OIL(S) CORP LTD - SG1T06929205 - G92
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Jul-2015 17:30:22
Status
New
Announcement Sub Title
Appointment of Non-Executive, Non-Independent Director
Announcement Reference
SG150730OTHRWG8J
Submitted By (Co./ Ind. Name)
Doreen Nah
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive, Non-Independent Director

Additional Details

Date Of Appointment
30/07/2015
Name Of Person
Felipe Arbelaez
Age
45
Country Of Principal Residence
United Kingdom
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr. Felipe Arbelaez ("Mr. Felipe") was nominated by BP Investments Asia Limited ("BPIA"), a substantial shareholder of the Company, for appointment as a Non-Executive, Non-Independent Director of the Company.

Mr. Felipe is the Chief Commercial Officer-Integrated Supply & Trading of BP p.l.c. ("BP"). He is responsible for the management and origination of long-term business in the gas and LNG markets as well as leveraging BP's integrated trading offer across the oil and gas industry. He has joined BP since June 2006.

The Nominating Committee met with Mr. Felipe and assessed his suitability in complementing the core competencies of the Board taking into consideration relevant evaluation criteria in the Internal Guidelines of the Company for the selection and appointment of Directors, which include his background and working experience, industry knowledge, professional skills and qualifications.

Mr. Felipe has extensive experience in the oil and gas industry, across upstream, processing and downstream operations. He has also accumulated specific experience in strategy and business development, supply and trading, M&As and project financing, operations improvement and reorganisations.

The Board has approved the appointment of Mr. Felipe as a Non-Executive, Non-Independent Director of the Company, having considered the recommendation of the Nominating Committee.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive, Non-Independent Director. Chairman of the Risk Management Committee and a member of the Audit Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
February 2015 to Present
Chief Commercial Officer-Integrated Supply & Trading, BP p.l.c.

October 2012 to February 2015
Head of Marketing & Origination-Europe, Russia and Africa, BP p.l.c.

January 2011 to October 2012
Head of Crude Trading-Europe, Russia and Africa, BP p.l.c.

September 2009 to January 2011
Chief of Staff-Integrated Supply and Trading, BP p.l.c.

May 2006 to September 2009
Supply Manager, BP p.l.c.

January 2000 to May 2006
Principal-M&A and Strategy in the Energy Group, Booz Allen & Hamilton (UK)
Shareholding interest in the listed issuer and its subsidiaries?
No
# 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)
BP Global West Africa Ltd (Nigeria)

Nigermed Petroleum S.A. (Panama)
Present
BP Gas Marketing Ltd
BP Ghana Ltd
Guangdong Dapeng LNG 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 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
Mr. Felipe does not have prior experience as a director of a public listed company. However, he will be provided with appropriate briefings and training on the roles and responsibilities of a director of a listed company in Singapore.

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