Yeo Teng Yang Lead Independent Director

Mr Yeo Teng Yang, 75, is the lead independent director. He has a varied international career spanning senior positions in the Ministry of Finance and the Monetary Authority of Singapore, Ambassador to the European Community in Brussels as well as Executive Director of the Asian Development Bank, Manila and Advisor at the International Monetary Fund, Washington D.C. besides his extensive banking experience. From 1995 to 2000, he was the Senior Executive Vice President of United Overseas Bank Ltd, Singapore, with management responsibilities in treasury, international banking business, fund management, stockbroking and risk management. He also served as a Board Member of Korea First Bank, South Korea, from 2000 to 2005. Mr Yeo holds a Bachelor of Social Science Honours degree from the then University of Singapore and a Masters degree in Economics from Yale University, USA. Mr Yeo was appointed to the Board on 14 July 2006. Mr Yeo, who held office until the last annual general meeting of the Company on 28 April 2016 (“AGM”) in accordance with the then Section 153 of the Companies Act which has since been repealed, was re-appointed at the AGM.