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COSCO Corporation (Singapore) Limited
MR ER KWONGWAH
Non-Executive Independent Director
MRANGSWEETIAN
Non-Executive Independent Director
Mr Er Kwong Wah was appointed as a Non-Executive
Independent Director on 20December 2002.He chairs
the Remuneration Committee and is a member of
the Audit, Nominating, Enterprise Risk Management
and Strategic Development Committee. A Colombo
Plan and Bank of Tokyo Scholar, Mr Er obtained a
first class honours degree in Electrical Engineering
at the University of Toronto, Canada, in 1970 and an
MBA from the Manchester Business School of the
University of Manchester, UK in 1978.
Mr Er spent 27 years in the Singapore Civil Service and
served in various departments including the Ministry
of Defence, Public Service Commission, Ministry
of Finance, Ministry of Education and Ministry of
Community Development. He was Permanent
Secretary in theMinistry of Education from1987-1994,
and then in the Ministry of Community Development
until his retirement in 1998.
Currently, he is an Executive Director of the East Asia
Institute of Management, as well as an Independent
Director on the Boards of several public listed
companies.
For his outstanding service in the Government and
in the community, Mr Er was awarded the PPA (E) or
Public Administration Medal (Gold), the BBM (Public
Service Star) and the PBM (Public Service Medal).
In 1991, the Government of France conferred him a
National Honour with the award of Commandeur
dans l’Ordre des Palmes Academiques.
Mr Ang Swee Tian is a Non-Executive Independent
Director of COSCO Corporation (Singapore) Limited.
He chairs the Enterprise RiskManagement Committee
and is a member of the Audit, Remuneration,
Nominating and Strategic Development Committees.
Mr Ang was the President of Singapore Exchange
Ltd (“SGX”) from 1999 to 2005 during which he
played an active role in successfully promoting SGX
as a preferred listing and capital raising venue for
Chinese enterprises. Mr Ang also played a pivotal role
in establishing Asia’s first financial futures exchange,
the Singapore International Monetary Exchange
(“SIMEX”) in Singapore in 1984 and was instrumental
to establishing SGX AsiaClear which started offering
OTC clearing facility in 2006. Following his retirement
in January 2006, Mr Ang served as Senior Adviser to
SGX until December 2007.
In March 2007, Mr Ang became the first person from
an Asian Exchange to be inducted into the Futures
Industry Association’s Futures Hall of Fame which was
established to honour and recognise outstanding
individuals for their contributions to the global
futures and options industry. Mr Ang graduated from
Nanyang University of Singapore with a First-Class
Honours Degree in Accountancy in 1970. He was
conferred a Master Degree in Business Administration
with distinction by the Northwestern University in
1973.
BOARD OF
DIRECTORS
Corporate Gover nance and Transparency