Lee Boon Yang to Helm SPH Board (BT)
[SINGAPORE] Singapore Press Holdings Ltd (SPH) has appointed Lee Boon Yang as director with effect from Oct 1, 2011, with a view to his eventual appointment as non-executive chairman.
Dr Lee, who will also be appointed a member of the executive, remuneration and nominating committees, will be put up for re-election at the SPH annual general meeting on Dec 1.
If re-elected, he will be appointed chairman of the board and the executive committee, and continue as a member on the remuneration and nominating committees, SPH said.
SPH's former chairman, Tony Tan, resigned on July 1, 2011, to contest in the Presidential Election. He was elected the seventh President of Singapore last month. Dr Tan had served as SPH chairman from Dec 2, 2005.
Dr Lee, 64, was the Minister for Information, Communications and the Arts before he retired from politics on March 31, 2009. In his 24 years of political office, he served in various portfolios, including Minister for Defence, Minister in the Prime Minister's Office and Minister for Manpower.
On his appointment, Dr Lee said: "SPH with its extensive range of multi-lingual media platforms is well placed to cater to the news and information needs of all Singaporeans. I look forward to working with the board, management and staff to provide better service to our readers be it in print or digital media products. I am confident that by working together we will be able to grow from strength to strength and enhance our stakeholders' interests."
Said Cham Tao Soon, 72, acting chairman of SPH: "With his extensive experience in varied fields and keen insights into the media industry, Dr Lee will be able to help guide SPH to greater heights."
Dr Lee is also non-executive chairman of Keppel Corporation, a position he has held since July 1, 2009. "Dr Lee has no plans to step down from Keppel Corp. He has accepted this appointment at SPH as an added responsibility," said Wang Look Fung, Keppel's director of group corporate affairs, in response to a BT query.
Dr Lee studied veterinary science at the University of Queensland, Australia. Before he joined politics, he was a veterinarian and R&D officer in the government's Primary Production Department. He was also assistant regional director with the US Feed Grains Council and senior manager (projects) with the Primary Industries Enterprise Pte Ltd.