SBF re-elects chairman Lim Ming Yan for third term, welcomes six new council members
Three of the newly appointed members are industry representatives
SINGAPORE Business Federation (SBF) chairman Lim Ming Yan has been re-elected for a third two-year term, following the business chamber’s 22nd annual general meeting on Thursday (Jun 27), during which six new members were also appointed to its council.
The council for the 2024-2026 term also nominated Andrew Lim, partner at Allen & Gledhill, and Chin Wei Jia, group CEO of Health Management International, to be co-opted as members.
The six new members include three representatives from trade associations and chambers: Daijiro Eguchi, president of the Japanese Chamber of Commerce and Industry; Elisa Mallis, chairman of the American Chamber of Commerce; and Lennon Tan, president of the Singapore Manufacturing Federation.
The other new council members are Sherman Kwek, group CEO of City Developments Ltd; Marcus Lam, executive chairman of PwC Singapore; and Jenny Lee, senior managing partner at Granite Asia Capital.
Another six members, including SBF chairman Lim, are continuing on the council for another term, while nine members have stepped down upon completing their terms.
The 12th SBF council also elected seven office bearers. Andrew Kwan, group managing director of Commonwealth Capital, will serve as vice-chairman and honorary secretary, while Mark Lee, CEO of Sing Lun Industrial, will be vice-chairman and honorary treasurer.
BT in your inbox

Start and end each day with the latest news stories and analyses delivered straight to your inbox.
The following members will service as vice-chairmen: Chong Ee Rong, director of Certis Cisco Security; Ong Pang Thye, independent director at Singapore Power; and Yong Hsin Yue, managing director of Kuok Singapore.
Ang Shih-Huei, CEO of H/Advisors Klareco, will be deputy honorary secretary, while PwC’s Lam will be deputy honorary treasurer. (See *Amendment note)
“I am pleased to welcome our new council members who will embark on this journey with us,” said Lim. “At the same time, I send my utmost appreciation to our council members who are stepping down. They have generously served the Federation throughout their term, and I thank them for all their contributions.”
*Amendment note: An earlier version of the article incorrectly stated PwC Singapore chairman Marcus Lam’s designation on the council
Copyright SPH Media. All rights reserved.