Keppel DC Reit’s manager appoints Yeo Siew Eng as independent director

KEPPEL DC Reit’s manager announced in a bourse filing on Tuesday (Nov 1) that it has appointed Yeo Siew Eng as an independent director.

Yeo is currently a director in Transit Link, a subsidiary of the Land Transport Authority, and in mainboard-listed companies Venture Corporation and Nam Lee Pressed Metal Industries. She is also a fellow of the Institute of Singapore Chartered Accountants and a member of the Singapore Institute of Directors.

According to the manager, Yeo has more than 30 years of experience in professional practice and finance roles in commercial organisations. She was previously a partner in Deloitte & Touche and head of its real estate practice.

Yeo has led audits of clients engaged in infrastructure projects, property development and investment and related technical services, as well as in sectors such as manufacturing, marine transportation, oil and derivative trading, hospitality, retail and channel distribution, the manager added.

Christina Tan, chief executive officer of Keppel Capital and chairman of the manager, noted Yeo’s “wealth of experience and depth of knowledge across a wide range of industries” in the span of her career.

“She will strengthen the competencies of the board as we continue to drive the performance of Keppel DC Reit to deliver greater value for our stakeholders,” Tan said.

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Units of Keppel DC Reit closed 1.7 per cent or S$0.03 lower at S$1.43 on Tuesday, before the announcement.