THE MANAGER
Home The Manager
Mr. Philip Yeo Liat Kok
Chairman & Independent Director
Mr. David Lim Tik En
Independent Director
Mr. Amal Ganguli
Independent Director
Mr. Michael Grenville Gray
Independent Director
Mr. Rakesh Kumar Aggarwal
Independent Director
Mr. Cavinder Bull
Independent Director
Ms. Chong Siak Ching
Non-Executive Director
Mr. Jonathan Yap Neng Tong
Executive Director & CEO
Mr. Philip Yeo Liat Kok
Chairman & Independent Director

In addition to being the Chairman of the Board, Mr Yeo, 63, is also the Chairman of the Nominating Committee, and Human Resource and Remuneration Committee.

Mr Yeo is currently the Special Advisor for Economic Development (Prime Minister's Office) and the Chairman of SPRING Singapore (a government development agency with the mission of nurturing local enterprises especially Small and Medium Enterprises).

As Special Advisor for Economic Development in the Prime Minister's Office, Mr Yeo assists the Prime Minister's Office in establishing new economic links with foreign governments who value Singapore's development experience, and provide strategic inputs to establish strategic partnerships and open up opportunities with other fast-growing economies. He was the Chairman of the Agency for Science, Technology and Research (A*STAR, formerly the National Science and Technology Board) from February 2001 to March 2007. Mr Yeo was formerly the Chairman of the Economic Development Board from January 1986 to January 2001 and Co-Chairman of the Economic Development Board from February 2001 to January 2006.

Mr Yeo is recognised for his contributions to Singapore's economic development and his pioneering role in the promotion and development of the country's information technology, semiconductor, chemical industries and biomedical sciences.

He holds a Bachelor of Applied Science (Industrial Engineering) degree and an honorary doctorate in Engineering from the University of Toronto, Canada, a Master of Science (Systems Engineering) from the then University of Singapore, and a MBA in Business Administration from Harvard University.

He has received numerous honours and awards including France's Ordre National du Merite (National Order of Merit), Indonesia's Bintang Jasa Utama (the First Class Order of Service Award), Belgium National Order of the Crown, the CEO Lifetime Achievement Award, Asia Pacific IPA Awards 2003, the honorary degree of Doctor of Medicine by Karolinska Institutet (2006), the 11th Nikkei Asia Prize for Science, Technology and Innovation Award (2006), The Order of the Nila Utama (First Class, one of the most prestigious Singapore National Day Awards 2006) award, the Harvard Business School's prestigious Alumni Achievement Award 2006, the Doctor of Science degree by the Imperial College in London (2007), the Order of the Rising Sun, Gold and Silver by the Japanese Government (2007), the Distinguished Service (Star) award by the Singapore's Labour Movement, National Trade Unions Congress (2008), the University of Toronto Engineering Alumni Medal (2008) and the 1st BioSpectrum Asia-Pacific Life Time Achievement Award in March 2009.

Mr. David Lim Tik En
Independent Director

Mr Lim, 54, serves as the Chairman of the Investment Committee and member of the Audit Committee, Nominating Committee, and Human Resource and Remuneration Committee.

Mr Lim has served in both the public and private sectors in Singapore and overseas. His past roles included Group Chief Executive Offi cer ("CEO") of Neptune Orient Lines Limited, CEO of Port of Singapore Authority, Jurong Town Corporation and China-Singapore Suzhou Industrial Park (based in Shanghai). He was also the Chairman of the National Computer Board. Mr Lim was a Member of Parliament from 1997 to 2006, and served in a number of portfolios, with the last appointment being Acting Minister for Information, Communications and the Arts.

Mr Lim is the Chairman of Jurong International Holdings Pte Ltd and a Director of Wheelock Properties (Singapore) Ltd.

Mr Lim graduated with a Bachelor of Engineering (First Class Honours) degree from the University of Melbourne, and obtained a Master in Business Administration degree from the National University of Singapore. Mr Lim also completed the Programme for Management Development at Harvard University, USA. Mr Lim is an Eisenhower Fellow.

Mr. Amal Ganguli
Independent Director

Mr Ganguli, 71, is a member of the Investment Committee.

Mr Ganguli was the Chairman and Senior Partner of PricewaterhouseCoopers, India until his retirement on 31 March 2003. In a distinguished career spanning four decades, he was involved in a wide spectrum of fi elds, including audit, taxation, mergers and acquisitions, corporate restructuring, and cross border investments.

Mr Ganguli is on the board of directors of various companies, including Tata Communications Limited, Tata Teleservices Maharashtra Limited, Maruti Udyog Limited, Videsh Sanchar Nigam Limited, Century Textiles and Industries Limited, Flextronics Software Systems Limited, Tube Investments of India Limited, HCL Technologies Limited and New Delhi Television Limited.

Mr Ganguli was trained in the UK as a Chartered Accountant. He is a Fellow of the Institute of Chartered Accountants of England and Wales and the Institute of Accountants of India, and a member of the New Delhi chapter of the Institute of Internal Auditors, Florida, USA.

Mr. Michael Grenville Gray
Independent Director

Mr Michael Gray, 64, is the Chairman of the Audit Committee.

Mr Gray has more than 35 years of experience in professional advisory and audit services, mostly in Southeast Asia. Prior to his retirement at the end of 2004, he was a partner in PricewaterhouseCoopers Singapore and, before that, Territorial Senior Partner for PricewaterhouseCoopers Indochina (Vietnam, Cambodia and Laos). He is an Independent Director and Chairman of the Audit Committees of Singapore Exchange-listed Avi- Tech Electronics Limited, JEL Corporation (Holdings) Ltd and Grand Banks Yachts Limited and the United Kingdom ("UK")-listed VinaCapital Vietnam Opportunity Fund.

He obtained a Bachelor of Science Degree in Maritime Studies in 1973 from the University of Plymouth, UK and a Masters of Arts Degree in Southeast Asian Studies from the National University of Singapore in 2005.

He is a Fellow of the Institute of Chartered Accountants in England and Wales, the Institute of Certified Public Accountants of Singapore and the Singapore Institute of Directors. An active Singapore Citizen, Mr Gray has held a number of positions in statutory boards, grassroots organisations and Voluntary Welfare Organisations. He was awarded the Public Service Medal in 1992 and subsequently the Public Service Star in 1999, by the Singapore Government.

Mr. Rakesh Kumar Aggarwal
Independent Director

Mr Aggarwal, 57, is a member of the Investment Committee.

For nearly 25 years, Mr Aggarwal was a banker at Citibank and Union Bank of Switzerland (Singapore). During this time he managed a wide range of financial services activities and obtained considerable management experience.

Immediately after graduation, he started his banking career with Citibank in India. Various domestic and international assignments provided him rich professional experience. Mr Aggarwal later served as Regional Risk Asset Reviewer in the Asia Pacific group where he assessed risk exposures at different Citicorp entities based in Japan, South Korea, Australia, New Zealand, Singapore and India.

After his illustrious years with Citibank, Mr Aggarwal joined Union Bank of Switzerland, Singapore in 1990, and became the Chairman of East Asia Credit Committee, where he managed all counter-party risks in the region at a time when UBS was expanding rapidly. He was also involved in corporate and structured finance, initial public offering ("IPO") underwriting, direct investments and other functions as Director of UBS (East Asia) Ltd, Singapore.

Mr Aggarwal is currently a Director of MSM Satellite (Singapore) Pte Ltd - a television broadcasting business. In the last 10 years, he has been involved in promoting and managing new private enterprises in Singapore, India, USA and Australia, principally in industries such as media, technology and building materials.

Mr Aggarwal holds a Master of Business Administration degree from the Indian Institute of Management, Ahmedabad, India and a Bachelor of Technology from the Indian Institute of Technology, New Delhi, India.

Mr. Cavinder Bull
Independent Director

Mr Bull, 42, is a member of the Audit Committee.

A Senior Counsel, Mr Bull is presently a Director of Drew and Napier LLC. He practises corporate and commercial litigation and is actively engaged in trial and appellate advocacy at all levels of the Singapore Courts as well as international arbitrations.

Mr Bull worked for the Chief Justice of Singapore as a Justices’ Law Clerk before joining Drew & Napier in 1994 as a litigation associate. In 1995, he was awarded the Lee Kuan Yew Scholarship and left for Harvard Law School where he received an LL.M. He passed the New York Bar exams and was admitted to practise in New York. He practised as a litigation associate with Sullivan & Cromwell in New York until late 1997 when he returned to Singapore and Drew & Napier. Mr Bull was made a partner of Drew & Napier in 1998 and a Director of Drew & Napier LLC in May 2002.

Mr Bull graduated with First Class Honours in law from Oxford University in 1992.

Ms. Chong Siak Ching
Non-Executive Director

Ms Chong, 51, is a member of the Investment Committee, Nominating Committee, and Human Resource and Remuneration Committee.

Ms Chong is the President and CEO of Ascendas Pte Ltd. Ascendas pioneered Singapore's first business space trust, Ascendas REIT in November 2002, and Asia’s first India-based properties business trust, a-iTrust in August 2008. She is also the Deputy Chairman of Spring Singapore, the enterprise development agency of Singapore and Chairman of IE Singapores Network India Steering Committee. Ms Chong is Singapore's representative for the APEC Business Advisory Council. Previously Jurong Town Corporation's Deputy CEO, she has extensive experience in business space management.

Ms Chong studied Estate Management at the National University of Singapore ("NUS") where, in 1981, she graduated with honours and was awarded a Gold Medal by the Singapore Institute of Surveyors and Valuers. In 1991, Ms Chong obtained a Masters in Business Administration from the same university. Ms Chong was registered as a licensed valuer in 1983 and has also completed the Advanced Management Programme at Harvard Business School in 1998. In recognition of her unwavering commitment and service to her alma mater, Ms Chong was conferred the NUS Distinguished Alumni Service Award in 2009. She was also previously conferred the NUS Distinguished Alumni Award by the Faculty of Architecture and Building Management in 1999.

Mr. Jonathan Yap Neng Tong
Executive Director & CEO

Mr Yap, 42, is the CEO of the Trustee-Manager and a member of the Investment Committee.

Mr Yap has been with Ascendas Group since 2004 and was appointed CEO (India Funds) from 1 June 2007, managing
a-iTrust and Ascendas India Development Trust, a private fund focusing on integrated real estate development in India. He is also the Executive Vice President, Real Estate Funds Business, focusing on the formation of new private funds for Ascendas and developing synergies across the funds. Mr Yap was previously CEO, India Operations while also managing a-iTrust when it was a private fund, then known as Ascendas India IT Parks Trust.

Prior to that, he was with the Australian Stock Exchange-listed Lend Lease Corporation since 1997 and his last held position was Investment Director of its Asian real estate investment business and concurrently, Deputy Fund Manager of Asia Pacific Investment Company I and II (private funds focusing on Asian real estate). From 1992 to 1997, Mr Yap was with Tan Chong Realty Pte Ltd (the real estate arm of the Hong Kong Stock Exchange-listed Tan Chong Group) and the Inland Revenue Authority of Singapore.

Mr Yap holds a Bachelor of Science in Estate Management (Honours) degree and a Masters of Science in Project Management from the National University of Singapore.