Retirement of Keppel Independent Director

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keppel newKeppel Corporation has announced that Tony Chew Leong-Chee, Non-Executive and Independent Director, will be retiring from the Board of Directors of Keppel Corporation on 1st May 2015. Mr Chew will concurrently cease to be Chairman of the Nominating Committee and member of the Audit Committee.

Dr Lee Boon Yang, Chairman of Keppel Corporation said: “On behalf of the Board, I would like to thank Tony for his contributions during his 13 years of distinguished service. The Keppel Group has benefited from his extensive business experience, wisdom and entrepreneurial spirit. Tony was Lead Independent Director from 2006 to 2009 and has been Chairman of the Nominating Committee since 2009. As Chairman of the Nominating Committee, Tony was instrumental in overseeing the top leadership succession of the Group in recent years. That the leadership transition process was achieved smoothly is a clear testimony to Mr Chew’s capability and commitment to Keppel’s interests.”

Mr Chew said: “I am glad to have played a part in the growth of the Keppel Group and particularly, to see through a smooth transition of the senior management team as the Group charts its next lap of growth.”

The Board of Directors and Management of Keppel Corporation would like to record their sincere appreciation to Mr Chew for his invaluable contributions to Keppel and wish him well for the future.

Mr Chew will be succeeded by Tan Puay Chiang as Chairman of the Nominating Committee with effect from 1st May 2015. Till Vestring, who joined the Board on 16th February 2015, will be appointed as member of the Nominating Committee and the Remuneration Committee with effect from 1st May 2015.