SPH appoints new board director

Singapore Press Holdings Limited (SPH) has appointed Mr Ng Yat Chung as an independent director to its Board with effect from August 1, 2016. Mr Ng will be a member of the Board Risk Committee.

Mr Ng, 54, graduated with Honours in Engineering from University of Cambridge in 1983. He went on to obtain three Masters degrees - Master of Arts (Mathematics) from Cambridge University, Master of Military Art and Science (General Studies) from Command & General Staff College, USA, and Master of Business Administration from Stanford University.

He is currently the Executive Director of Neptune Orient Lines Ltd (NOL), a position he held since 9 June 2016. Prior to this, he was NOL's Group President & CEO from 1 October 2011 and its Executive Director & CEO Designate from May 1, 2011 to September 30, 2011.

He also held different portfolios with Temasek Holdings between 2007 and 2011, after holding various positions with the Ministry of Defence, including as the Chief of Defence Force from July 2003 to April 2007. He was given the Meritorious Service Medal (Military) in 2007, among many other public service awards.

Besides SPH, Mr Ng serves as Chairman of the Board of Trustees with the Singapore Institute of Technology.

Mr Ng said: "I look forward to joining the SPH Board. Though the media landscape is rapidly evolving with technological advances, I am sure we can turn all challenges into opportunities. I look forward to working with the Board to maintain our leadership position in the media sector, and to seek new growth for the company."

Dr Lee Boon Yang, Chairman of the SPH Board, said: "I am delighted to welcome Yat Chung to the SPH board. I am confident that he will be a valuable member of the team. He will complement our diverse strengths and expertise. He will help us to steer SPH to greater heights of organisational and business excellence."