Members of the Diversity Action Committee (2017 – 2018)

Mr Loh Boon Chye
Mr Loh Boon ChyeChairman (since 2017)
Ms Janet Ang
Ms Janet Ang(since 2017)
Mr Willie Cheng
Mr Willie Cheng(since 2014)
Ms Claire Chiang
Ms Claire Chiang(since 2014)
Ms Veronica Eng
Ms Veronica Eng(since 2017)
Mr Douglas Foo
Mr Douglas Foo(since 2017)
Ms Goh Swee Chen
Ms Goh Swee Chen(since 2017)
Mr Simon Israel
Mr Simon Israel(since 2014)
Mr Sherman Kwek
Mr Sherman Kwek(since 2017)
Mrs Lee Suet Fern
Mrs Lee Suet Fern(since 2014)
Dr Lee Tung Jean
Dr Lee Tung Jean(since 2014)
Mrs Elaine Lim
Mrs Elaine Lim(since 2017)
Mr Ong Chong Tee
Mr Ong Chong Tee(since 2017)
Mr Teo Siong Seng (S S Teo)
Mr Teo Siong Seng (S S Teo)(since 2014)
Mr Tham Sai Choy
Mr Tham Sai Choy(since 2017)
Ms Malini Vaidya
Ms Malini Vaidya(since 2017)
Mrs Wong Sioe Hong
Mrs Wong Sioe Hong(since 2017)
Ms Yeo Lian Sim
Ms Yeo Lian Sim(since 2014)

Profiles of Committee Members

Mr Loh Boon Chye

Chairman, Diversity Action Committee
Chief Executive Officer, Singapore Exchange Limited

Mr Loh Boon Chye joined Singapore Exchange as Chief Executive Officer on 14 July 2015. He is also an Executive and Non-Independent Director on the SGX Board.

With a career in the financial industry that spans 27 years, he has played a key role in the development of Southeast Asia’s capital markets, having held a number of senior advisory positions.

Apart from his directorship on the SGX Board from October 2003 to September 2012, he has also been a Director on the Board of GIC Pte Ltd since November 2012. He is a council member and Distinguished Fellow at the Institute of Banking & Finance Singapore.

Ms Janet Ang

Vice-President, Industry Solutions and Smarter Cities, IBM Asia Pacific

Janet is responsible for leading IBM’s industry value creation for Asia Pacific clients across key industries and leads the charge for helping cities in Asia become smarter, cognitive cities. She is also a Member of the IBM Industry Academy.

Janet was previously the Managing Director of IBM Singapore from July 2011 to May 2015 and May 2001 to Dec 2003. She was the chief IBM representative for all client and government relationships in Singapore.

She had been on international assignments in Tokyo with IBM Asia Pacific; Beijing with IBM Greater China and with Lenovo Group.

Janet is an independent director of Singapore Press Holdings and the Immediate Past President of the International Women’s Forum (Singapore). She also serves on the boards and committees of Public Utilities Board, InfoComm Media Development Authority, National University of Singapore Alumni Advisory Board, Singapore Business Federation. She is Chair of the NUS Institute of Systems Science. She also serves as chairman or member of several non-profit organisations.

Mr Willie Cheng

Chairman, Singapore Institute of Directors (SID)

Mr Willie Cheng is the chairman of the Singapore Institute of Directors (SID). SID’s mission is to promote the professional development of directors and corporate leaders and encourage the highest standards of corporate governance and ethical conduct.

Mr Cheng is a former managing partner of Accenture. Since his retirement in 2003, he has stayed involved with the business and the infocomm community. He currently sits on the boards of UOB Bank, Far East Hospitality Asset Management, SingHealth and Integrated Health Information Systems, as well as several non-profit organisations.

He writes extensively on corporate governance and non-profit matters.

Ms Claire Chiang

Senior Vice President, Banyan Tree Holdings Pte Ltd

Claire Chiang is co-founder of Banyan Tree Hotels & Resorts, senior vice president of Banyan Tree Holdings Ltd. and chairperson for China Business Development. She also chairs Banyan Tree Global Foundation Ltd., holds executive and non-executive directorships in three subsidiaries and companies affiliated with Banyan Tree Holdings and holds directorships in four family holding companies. She is a board director of Denmark based ISS A/S and Dufry AG, Switzerland.

Claire Chiang is a council member of the Singapore Chinese Chamber of Commerce and Industry and holds directorships in the Wildlife Reserves Singapore Conservation Fund and Mandai Safari Park Holdings. She also serves as chairman or member of several non-profit organisations.

Previously Claire Chiang served as a Singapore Nominated Member of Parliament for two terms (1997-2001). For her advocacy in social issues, she has won national and international awards, including the Public Service Star BBM in 2014 for her contribution to implementing work-life integration in Singapore.

Ms Veronica Eng

Independent Director, Keppel Corporation Limited
Founding Partner, Permira

Ms Veronica Eng is an independent and non-executive director of Keppel Corporation Limited. Prior to this, Ms Eng was a Founding Partner of Permira. Over her 30-year career with Permira, Ms Eng held a number of key positions in the firm and had extensive experience in a wide range of roles in relation to its funds’ investments across sectors and geographies. She served on the board of Permira and its Executive Committee, chaired the Investment Committee and was the Fund Minder to various Permira funds. In addition, she also had oversight of Permira’s firm-wide risk management as well as its operations in Asia.

Ms Eng sits on the Board of the Centre for Asset Management Research and Investments at NUS Business School, and the Advisory Board of Asia Private Equity Institute at Singapore Management University. She is also a Professor (Practice) at the NUS Business School.

Mr Douglas Foo

Founder & Chairman, Sakae Holdings Ltd
Co-Chair, TAFEP and Vice President, SNEF

Mr Douglas Foo is the founder and Chairman of Sakae Holdings Ltd. He has led the growth and development of the Group, which has established over 200 outlets across Singapore, China, India, Indonesia, Japan, Malaysia, the Philippines, Thailand, USA and Vietnam. He continues to spearhead the overall strategic direction and management of the Group’s global strategic plans, and its philanthropic initiatives.

Mr Foo serves as the President of Singapore Manufacturing Federation, Co-Chair of Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP) and Vice-President of Singapore National Employers Federation amongst other Corporate, Governmental and Non-profit organizations.

Mr Foo is recipient of numerous illustrious accolades and awards including the Public Service Star Award 2013 from His Excellency, the President of the Republic of Singapore for his philanthropic and voluntary contributions to society. He was also crowned the Entrepreneur of the Year 2015 by Asia Corporate Excellence and Sustainability (ACES).

Ms Goh Swee Chen

Chairman, Shell Companies in Singapore
Vice President City Solutions, New Energies

Goh Swee Chen has been the Chairman of Shell Companies in Singapore since October 2014.

Concurrent to her Country Chair role, Swee Chen is also Vice President, City Solutions – New Energies, a role she assumed from January 2017. Swee Chen joined Shell in 2003 and was previously with Procter & Gamble and IBM.

Other than chairing the Shell Companies in Singapore, Swee Chen also chaired/sat in the Board of several Shell Joint Ventures in China, Korea and Saudi Arabia. She has chosen to focus her contributions outside of Shell in Education and Sustainability. She holds Board positions in Singapore University of Technology & Design, Singapore International Chamber of Commerce and Council Member of SNEF. She is also a member of the Committee on the Future Economy of Singapore.

Mr Simon Israel

Chairman, Singapore Telecommunications Limited and Singapore Post Limited

Mr Simon Israel is the Chairman of Singapore Telecommunications Limited and Singapore Post Limited. He is also a Director of CapitaLand Limited, Fonterra Co-operative Group Limited and Stewardship Asia Centre Pte. Ltd, and a member of the Governing Board of Lee Kuan Yew School of Public Policy and Westpac’s Asia Advisory Board.

Mr Israel is a former Chairman of Asia Pacific Breweries Limited, and was an Executive Director and President of Temasek Holdings (Private) Limited before retiring on 1 July 2011. Prior to that, he was Chairman, Asia Pacific of the Danone Group. Mr Israel also held various positions in Sara Lee Corporation before becoming President (Household & Personal Care), Asia Pacific.

Mr Israel was conferred Knight in the Legion of Honour by the French government in 2007 and awarded the Public Service Medal at the Singapore National Day Awards 2011.

Mr Sherman Kwek

Chief Executive Officer, City Developments Limited

Mr Kwek was appointed as CEO on 1 January 2018. He has been the Deputy CEO of City Developments Limited and Chairman of CDL China Limited since April 2016. Before that, he was Chief Investment Officer of CDL, spearheading CDL’s expansion in China, Japan and Australia for over 7 years.

Prior to joining CDL, he was the CEO of Hong Kong-listed City e-Solutions Limited, the Chief Operating Officer of Singapore-listed Thakral Corporation Ltd and a Director of RECAP Investments Limited (a real estate private equity fund).

Mr Kwek started his career in New York as a financial analyst at Telligent Capital, a technology venture capital firm, before progressing on to the Investment Banking Division of Credit Suisse First Boston and the U.S. division of Millennium & Copthorne Hotels plc.

He currently serves on the Council of the Singapore Chinese Chamber of Commerce and Industry since March 2013 and was appointed as the Chairman of the newly-formed Youth Business Affairs Committee in March 2017.

Mrs Lee Suet Fern

Director, Morgan Lewis Stamford LLC
Partner, Morgan Lewis Bockius LLP

Mrs Lee is the Director of Morgan Lewis Stamford a leading regional Singapore law firm and a partner of Morgan Lewis & Bockius, a leading global law firm, where she chairs the International Leadership Team and is a Board member.

She has won numerous awards for her professional work, including most recently Chambers Global Life-Time Achievement Award.

She has over 20 years of experience as a corporate board member and currently sits on 2 global Fortune 100 boards. She also sits on the Executive Committee of the Senate of the Singapore Academy of Law, the Advisory Board to the Law School at Singapore Management University and is a trustee of Nanyang Technological University. She also sits on the Board of the World Justice Project, a global organization for the promotion of the rule of law.

She qualified as a Barrister-at-Law at Gray’s Inn London in 1981. She was admitted to the Singapore Bar in 1982 and has practised law in London and Singapore.

Dr Lee Tung Jean

Deputy Secretary, Ministry of Social and Family Development

Dr Lee Tung Jean is currently Deputy Secretary of the Ministry of Social and Family Development. Prior to this, she was the first Chief Executive Officer of the Early Childhood Development Agency that was established on 1 Apr 2013. Dr Lee has also served in various government agencies such as the Ministry of Trade and Industry, the Ministry of the Environment and Water Resources, and the Ministry of Finance.

Dr Lee is a Board member of the National Council of Social Service, the Casino Regulatory Authority, Charity Council, Community Justice Centre Board, Diversity Action Committee and Tradewinds Tours and Travel Pte Ltd.

Mrs Elaine Lim

Director, Stamford Corporate Services Pte Ltd

Elaine is widely recognised as a pioneer communication and investor relations specialist, with more than four decades of rich and varied experience that started with journalism, capital markets and hospitality before she anchored herself in consultancy practice.

She has the rare distinction of handling some of the largest, most challenging and ground-breaking capital market transactions on the SGX, including the unparalleled track record of supporting the launch of more than 280 IPOs.

In the past four decades, she had served on a number of government and non-profit boards, including the Singapore Land Authority, National Youth Council, National Council of Social Service, Community Chest of Singapore, SATA, Singapore Dance Theatre and Ronald McDonalds Children’s Charity.

She currently serves on the Boards of SGX-listed M1 Limited, Chemical Industries (Far East) Limited and non-profit organisation, Lien AID.

Mr Ong Chong Tee

Deputy Managing Director (Financial Supervision), Monetary Authority of Singapore

Mr Ong Chong Tee was appointed MAS’ Deputy Managing Director overseeing Financial Supervision from September 2013. He is responsible for the integrated supervision of the banking, insurance and securities industries. Prior to this, Mr Ong was Deputy Managing Director overseeing the central banking functions of monetary policy, markets and investments, as well as the development functions.

The Financial Supervision cluster comprises:

  1. Banking & Insurance Group that oversees the Banking and Insurance supervision departments, as well as the Anti-Money Laundering Department;
  2. Capital Markets Group that oversees the supervisory functions of the Capital Markets licensees, Markets Policy and Infrastructure, Corporate Finance and Consumer departments. This Group also includes MAS’ Enforcement Department;
  3. Policy, Risk & Surveillance Group that oversees the Macroeconomic Surveillance, Prudential Policy and Specialist Risk departments, including cyber-security and market risks.

Mr Ong joined MAS 30 years ago. He was Representative of MAS New York Office from 1991 – 1994.

Mr Teo Siong Seng (S S Teo)

Chairman, Singapore Business Federation (SBF)

Mr. Teo Siong Seng is the Managing Director of Pacific International Lines Pte Ltd (“PIL”). He is also the Chairman of the Singapore Business Federation, representing the interests of the Singapore business community in the areas of trade, investment and industrial relations.

PIL is ranked 14th among the top containership operators in the world and its subsidiary, Singamas Container Holdings Ltd, is the 2nd largest container manufacturer in the world.

He is a Member of Committee on the Future Economy (CFE) and is also the Co-Chairman of the Sub-Committee on the future corporate capabilities and innovation. He also serves on the boards/councils of Singapore Chinese Chamber of Commerce & Industry, Business China, amongst others.

Mr Teo is also the Industry Advisor, Chongqing Connectivity Initiative which is the third Government to Government project between China and Singapore, and Honorary Consul of The United Republic of Tanzania in Singapore.

Mr Tham Sai Choy

Chairman, Singapore Institute of Directors

Mr Tham Sai Choy is a chartered accountant and, until recently, was the managing partner of KPMG Singapore and the chairman of KPMG in Asia Pacific. He was for many years a member of KPMG’s global board and a member of its executive committee. Leading the KPMG region with the highest level of female participation, his term of leadership saw record achievements in talent retention, staff engagement and business performance.

In his 35 year career, he has worked in the United Kingdom, Australia and Singapore, covering a wide range of professional work and has held a number of different leadership positions in Singapore and Asia Pacific.

Mr Tham is a board member of the Housing Development Board, the Accounting and Corporate Regulatory Authority, Nanyang Polytechnic, Mount Alvernia Hospital and Singapore International Arbitration Centre. He is also a member on the Diversity Action Committee and the Corporate Governance Council. In addition, he is the Vice Chairman of the Singapore Institute of Directors.

Ms Malini Vaidya

Co-Chair, Women’s Corporate Director (WCD) Singapore

Malini Vaidya is the Co-Chair of the Women’s Corporate Director (WCD) chapter for Singapore. The WCD believes that corporations with a diverse population and (more) women on boards will outperform their competitors in bringing higher shareholder value. WCD members are among the world’s most powerful and influential women in business today-the global business elite, who are at the top of their organizations- serving as directors, CEOs, COOs, divisional presidents, and other executive positions. WCD members are on boards of public and/or large privately held companies, as well as large family businesses.

Professionally, she manages Spencer Stuart’s Southeast Asia office. She leads the Consumer Practice for Asia Pacific and is also a member of the firm’s Financial Services Practice. Malini focuses on board advisory (evaluation & recruitment) as well as CEO search throughout the region.

Mrs Wong Sioe Hong

Executive Chairman, Metro Pte Ltd
Vice President, Singapore Retailers Association

Mrs Wong was appointed as Executive Chairman of Metro (Private) Limited with effect from 1 October 2012. As Executive Chairman, she serves as the key strategist of the Group’s retail operations and is responsible for charting the future direction of this division. With over 40 years of industry expertise, Mrs Wong also holds the positions of Vice President of the Singapore Retailers Association as well as Vice Chairman of the Orchard Road Business Association.

She first joined Metro’s retail organisation in 1971 and had served as the Managing Director of Metro (Private) Limited from 1994 to 2012, overseeing the overall retail operations of the Group in both Singapore and Indonesia. Mrs Wong has played an instrumental role in transforming the Metro retail arm into a major retail operator in Singapore and will continue to oversee the Group’s retail expansion in the region. Mrs Wong holds a Bachelor of Science (Commerce) from the University of Santa Clara, USA.

Ms Yeo Lian Sim

Special Adviser, Diversity, Singapore Exchange Limited

As Special Adviser at SGX, she champions the cause of board diversity and introduced sustainability reporting on a ‘comply or explain’ basis. She is also a Vice-Chair of the Task Force on Climate-Related Financial Disclosure, set up by the Financial Stability Board at the request of the G20 Finance Ministers and Central Bank Governors.

Prior to the advisory role, she was the Chief of Regulation and Risk Management of the Singapore Exchange for 10 years.

Before joining the SGX, Lian Sim was at the Monetary Authority of Singapore in various roles including managing foreign reserves, responsibility for exchange rate and monetary policy and regulating the capital market.

Lian Sim serves on the boards of various charitable organisations. She was awarded the Public Administration Medal (Gold) at the Singapore National Day Honours (1994).

Click here to view the Members of the Council for Board Diversity (2022)

Members of the Council for Board Diversity : 2019 – 2020 | 2021

Members of the Diversity Action Committee : 2014 – 2016