56
COSCO Corporation (Singapore) Limited
Mr Ang Swee Tian
Non-Executive Independent Director
Mr Ang Swee Tian is a Non-Executive Independent
Director of COSCO Corporation (Singapore) Limited. He
chairs the Enterprise Risk Management 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 FuturesHall of Famewhichwas 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.
Mr Er Kwong Wah
Non-Executive Independent Director
Mr Er Kwong Wah was appointed as a Non-Executive
Independent Director on 20 December 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 the Ministry of Education from 1987-1994, 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.
Board of
Directors
Corporate Governance and Transparency
