Sembcorp names ex-CEO of CapitaLand as new independent director
SEMBCORP Industries has appointed Lim Ming Yan as a non-executive and independent director, with effect from Monday.
Previously the president and group chief executive officer of CapitaLand Limited, Mr Lim spent a decade leading CapitaLand's growth and expansion in China.
He currently holds 11 directorships on top of his new appointment at Sembcorp, including one as chairman of Workforce Singapore, which oversees the transformation of the local workforce and industry for economic growth.
Mr Lim's appointment comes a week after Sembcorp announced that its chief financial officer Graham Cockroft is quitting after two years to return to New Zealand.
Sembcorp shares were down S$0.01, or 0.55 per cent, to S$1.82 before the announcement.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Singapore stocks end week in red; STI down 0.1%
UK's FTSE 100 hits record highs on Anglo-American boost
Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong
SocGen Q1 profit slumps less than expected as investment bank surprises
WSJ moves Asia headquarters from Hong Kong to Singapore
Macquarie sees biggest profit dip in 15 years on commodities downturn