SPH appoints new director

SINGAPORE - Singapore Press Holdings Limited (SPH) has appointed Mr Tan Chin Hwee as an independent director to its Board with effect from March 1. Mr Tan will be a member of the Audit Committee and the Board Risk Committee.

Mr Tan, 43, is the founding partner in Asia for Apollo Global Management, a global alternative investment firm. Prior to joining Apollo (Singapore), he was a Managing Director at Amaranth, an American hedge fund.

Mr Tan is also a non-executive Director of Keppel REIT and a Director of Lien Aid Limited (Singapore) and KK Endowment Fund. He is a member of the Panel for Government Parliamentary Committee for Finance and Trade and Industry, as well as the new Advisory Panel for Volunteer Youth Corp of the Ministry of Culture, Community and Youth.

Mr Tan graduated from the Nanyang Technological University, Singapore, with Second Class Upper Honours in Accountancy in 1995. He has a MBA from Yale University and completed a postgraduate course at Harvard Kennedy School. He is a Chartered Financial Analyst (CFA) and is both an Australian and Singapore registered Certified Public Accountant (CPA).

Mr Tan was honoured as a World Economic Forum Young Global Leader 2010 and as a World Cities Summit Young Leaders 2014.

Mr Tan said: "I am both honoured and thrilled to be given the opportunity to contribute to a company I greatly respect. We face challenging but exciting times ahead. I look forward to working with the Board to enhance our core businesses and invest in new areas of growth."

Dr Lee Boon Yang, Chairman of the SPH Board, said: "On behalf of fellow directors, I welcome Mr Tan to the SPH board. Mr Tan comes to SPH with valuable experience in investment. I am confident that he will be able to contribute ideas for our growth strategy and help us to better deal with the evolving media landscape."