Former OCBC CEO Samuel Tsien appointed as new Jardine C&C independent chairman
He will be the first to assume this role in the company
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] Jardine Cycle & Carriage has appointed former OCBC group chief executive officer Samuel Tsien as its new independent chairman, effective Nov 11.
The 71-year-old, who is currently a lead independent director at Jardine C&C, will succeed chairman John Witt, the company said in a bourse filing on Wednesday (Oct 15).
Witt, who is 62-years-old, announced his retirement in May this year.
Tsien was executive director at OCBC until his retirement from office in 2021. He is currently a director of Singapore Exchange and Mapletree Investments.
He will be the first independent chairman of Jardine C&C.
Jardine C&C is the investment holding company of Hong Kong-based conglomerate Jardine Matheson Group in South-east Asia.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
Shares of Jardine C&C closed 0.8 per cent or S$0.24 higher at S$28.74 on Wednesday, before the announcement.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
