George Yeo appointed independent non-executive director of Creative Technology

CREATIVE Technology has appointed Singapore's former foreign minister George Yeo as an independent non-executive director of the mainboard-listed company.

"With his extensive knowledge and experience in international affairs and leadership roles, Mr Yeo will be a valuable addition to the Creative board and his guidance and support will be invaluable to Creative," chief executive Sim Wong Hoo said in a statement on Monday (Nov 15).

"Creative will benefit from his perspectives and insights as we move forward to meet the challenges in these difficult and uncertain times," he added.

Yeo, whose role took effect on Monday, has more than 40 years of experience in both the public and private sectors, the company noted.

The 67-year-old has also been an independent non-executive director at Hong Kong-listed AIA Group since 2012 and Nasdaq-listed Pinduoduo since 2018.

Yeo began his career in the Singapore Armed Forces before entering politics in 1988, taking on various portfolios, including in the ministries of Finance, Information and the Arts, Health and Trade and Industry.

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Sign UpVIEW ALL

He served as Singapore's Foreign Affairs Minister from August 2004 to May 2011, until his constituency Aljunied GRC was taken over by the opposition Workers' Party.

He was most recently senior advisor to investment holding company Kuok Group from June 2019 to May 2021.

From August 2012 to May 2019, Yeo was chairman of Hong Kong-headquartered Kerry Logistics Network. During this period, he was also a non-executive director for Wilmar International from November 2014 to December 2017.

Creative shares closed at S$2.08 on Monday, down 1.42 per cent or S$0.03.