Philip Yeo Liat KokChairman & Independent Director

In addition to being the Chairman of the Board, Mr Yeo, 64, 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 Offi ce) 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 Offi ce, Mr Yeo assists the Prime Minister’s Offi ce 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.

Mr Yeo serves as a member of the United Nations Committee of Experts in Public Administration, established by the Economic and Social Council from 2010-2013 for the promotion and development of public administration and governance among member states, in connection with the United Nations Development Agenda.

He was the Chairman of the Agency for Science, Technology & Research (A*STAR) and the Economic Development Board. He is the Chairman of Accuron Technologies Ltd, MTIC Holdings Pte Ltd, Singapore Aerospace Manufacturing Pte Ltd and Hexagon Development Advisors Pte Ltd. Mr Yeo is a non-executive director on the Board of City Developments Limited and Vallar PLC (Jersey).

Mr Yeo holds a Bachelor of Applied Science (Industrial Engineering) and an honorary Doctorate in Engineering from the University of Toronto, an honorary Doctorate in Medicine from the Karolinska Institutet, Sweden, a Master of Science (Systems Engineering) from the University of Singapore, a Master of Business Administration from Harvard University, United States of America (“USA”), and a Doctor of Science from Imperial College, London.

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’s National Order of the Crown, the CEO Lifetime Achievement Award, Asia Pacifi c IPA Awards 2003, an 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, a 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-Pacifi c Lifetime Achievement Award in March 2009.

Michael Grenville GrayIndependent Director

Mr Michael Gray, 65, 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 Certifi ed 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, Public Service Star in 1999 and the Public Service Star (Bar) in 2010, by the Singapore Government.

David Lim Tik EnIndependent Director

Mr Lim, 55, 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. He is also a Director of Wheelock Properties (Singapore) Ltd and Singapore Dance Theatre Limited.

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.

Amal GanguliIndependent Director

Mr Ganguli, 72, 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 various companies, including Tata Communications Limited, Tata Teleservices Maharashtra Limited, Maruti Suzuki India Limited, Century Textiles and Industries Limited, Tube Investments of India Limited, HCL Technologies Limited, New Delhi Television Limited, Hughes Communications India Limited, Triveni Turbine Ltd and AVTEC 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.

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Rakesh Kumar AggarwalIndependent Director

Mr Aggarwal, 58, 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 that time, he managed a wide range of fi nancial services activities and obtained considerable management experience.

Immediately after graduation, he started his banking career with Citibank in India in 1975. Various domestic and international assignments provided him rich professional experience. Mr Aggarwal later served as Regional Risk Asset Reviewer in the Asia Pacifi c 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 (“UBS”), 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 fi nance, initial public offering 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 (Mechanical Engineering) from the Indian Institute of Technology, New Delhi, India.

Cavinder BullIndependent Director(Appointed on 1 July 2010)

Mr Bull, 43, is a member of the Audit Committee.

A Senior Counsel, Mr Bull is presently a Director of Drew & 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 joined Drew & Napier. Mr Bull was made a Partner of Drew & Napier in 1998, and a Director in May 2002. He also sits on the Board of Singapore International Arbitration Centre, National Healthcare Group Pte Ltd and Singapore Technologies Electronics Limited. He is a member of the Board of Trustee of Singapore University of Technology and Design.

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

Chong Siak ChingNon-Executive Director

Ms Chong, 52, is a member of the Investment Committee, Nominating Committee, and Human Resource andRemuneration Committee.

Ms Chong has been the President and CEO of Ascendas Pte Ltd since 2000. She sits on the Board of Ascendas Pte Ltd and its subsidiaries. Ascendas pioneered Singapore’s fi rst business space trust, Ascendas REIT which was listed in November 2002, and Asia’s fi rst India-based property business trust, a-iTrust which was listed in August 2007.

She is the Deputy Chairman of SPRING Singapore, the enterprise development agency of Singapore, as well as an Independent Director on the Board of Singapore Press Holdings Limited. She is also a Board member of Jurong Health Services and a member of National University of Singapore (“NUS”) Board of Trustees. Previously Jurong Town Corporation’s Deputy CEO, she has extensive experience in business space management.

Ms Chong studied Estate Management at the 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 completed the Advanced Management Programme at Harvard Business School in 1998. In recognition of her unwavering commitment and service to her alma mater, she was conferred the NUS Distinguished Alumni Award by the Faculty of Architecture and Building Management in 1999, and the NUS Distinguished Alumni Service Awardin 2009.

In March 2009, Ms Chong was recognised as the ‘Outstanding CEO of the Year’ in the Singapore Business Awards 2009 for her steadfast leadership and dynamism in establishing Ascendas as Asia’s leading provider of business space across Asia.

Jonathan Yap Neng TongExecutive Director & CEO

Mr Yap, 43, 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, 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.

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