SIA appoints SC Global chairman as independent non-executive director

SINGAPORE Airlines (SIA) has announced the appointment of Simon Cheong as an independent non-executive director to its board with effect from June 1, 2017.

Mr Cheong is chairman and chief executive of SC Global Developments Pte Ltd, a leading luxury high-end residential developer in Singapore, with over 30 years of experience in real estate, banking and international finance.

SC Global was established by Mr Cheong in 1996 as a real estate and hotel advisory and direct investment group, specialising in structuring large and complex transactions worldwide.

The company went public in 1999 and became a leading high-end residential developer in Singapore with a market capitalisation of over US$1 billion.

Mr Cheong took the company private through a general offer in 2013.

He also served as executive chairman between 2000 and 2004 for South-east Asian media and publishing company MPH after launching a successful takeover for a controlling stake in the company in 1999.

Mr Cheong previously worked with Citibank (Singapore) as head of real estate finance for Singapore and with Credit Suisse First Boston as a director and regional real estate head for Asia excluding-Japan.

He previously served as a board member of Republic Polytechnic, Singapore Turf Club, Singapore Dance Theatre and Raffles Girls' Secondary School.

He was also a council member of the Singapore Business Federation and served two terms as president of the Real Estate Developers' Association of Singapore.