Keppel Corporation says non-executive and independent director Tony Chew Leong-Chee will retire from its board on May 1.
Chew will concurrently cease to be chairman of the nominating committee and member of the audit committee.
Dr Lee Boon Yang, Keppel Corporation chairman, thanked Chew for 13 years distinguished service to the property developer.
“The Keppel Group has benefited from his extensive business experience, wisdom and entrepreneurial spirit. Tony was lead independent director from 2006 to 2009 and has been chairman of the nominating committee since 2009,… instrumental in overseeing the top leadership succession of the group in recent years. That the leadership transition process was achieved smoothly is a clear testimony to Tony’s capability and commitment to Keppel’s interests.”
Chew will be succeeded by Tan Puay Chiang as chairman of the nominating committee. Till Vestring, who joined the board in February, will be appointed as member of the committee and the remuneration committee.