NTUC Income AR 2017

BOARD OF DIRECTORS Ms Joy Tan was co-opted to the Board on 8 May 2017 and formally elected as Director representing the Founder Member on 26 May 2017. She is a member of the Risk Management, Nominating and Human Resource & Remuneration Committees. Ms Tan is the Deputy Head of the Commercial & Corporate Disputes Practice and the Joint Head of the Corporate Governance & Compliance Practice of WongPartnership LLP. She is also a Partner in the Employment Practice. Ms Tan serves as the Vice-Chair of the Industrial & Services Co-operative Society, and a member of the Board, Audit Committee and Risk Committee of the Singapore Health Services as well as independent director of PEC Limited. She is also a member of the Ministry of Health’s Agency for Care Effectiveness Council. In addition to the Vice-Chair and Nominating and Remuneration Committee Chair on the Board of the Singapore Repertory Theatre and a panel member of The Law Society Disciplinary Tribunals, Ms Tan also sits on the panel of arbitrators of the Singapore International Arbitration Centre, and is a member of the Singapore Association of Women Lawyers. Ms Tan graduated with First Class Honours from Cambridge University and was awarded the UK Council of Legal Education Prize at the Non-Vocational Bar Exam. She is admitted to both the English and Singapore Bars. Ms Sim Hwee Hoon was elected to the Board as Director representing the Ordinary Members on 26 May 2017. She is a member of the Audit, Nominating and Human Resource & Remuneration Committees. Ms Sim was the Regional Chief Operating Officer of Private Wealth Management Asia in Morgan Stanley from 2010 to 2016. She was also the CEO of Morgan Stanley Asia International Limited, Singapore Branch, and sat on the Board of Directors of Morgan Stanley Asia International Limited. Before Morgan Stanley, Ms Sim spent 12 years with JPMorgan Private Bank Asia. Her appointments included being the Asia Regional CFO from 2006 to 2010 and Asia Head of Risk Management from 1998 to 2006. She also sat on the Board of Directors of JPMorgan International Bank Limited (UK incorporated) and JPMorgan Securities Asia Private Limited. Prior to JP Morgan, Ms Sim was an Interest Risk Controller at UBS Investment Banking, Singapore Branch from 1993 to 1998, where she was responsible for the market risk management and product control of the interest rate, credit and derivatives business. Ms Sim holds a Master of Finance degree from the Royal Melbourne Institute of Technology and an Honors degree in Bachelor of Accountancy from the National University of Singapore. SIM HWEE HOON DIRECTOR JOY TAN DIRECTOR 14 NTUC INCOME INSURANCE CO-OPERATIVE LIMITED ANNUAL REPORT 2017