NTUC Income AR 2018

Board of Directors Mr Ronald Ong was co-opted to the Board on 23 August 2018 as Director representing the Founder Member. He was appointed as the Chairman of the Board on 1 January 2019. Mr Ong is the Chairman and CEO, SE Asia, at Morgan Stanley. He has been with Morgan Stanley for 20 years and has over 30 years of experience as a banker with substantial experience in Mergers & Acquisitions and Financing, as well as, extensive client relationships in Singapore, Malaysia, Indonesia and Thailand. Mr Ong is a Board Member of NTUC FairPrice Co-operative Limited; Member of the Advisory Board of the Lee Kong Chian School of Business, Singapore Management University; Member of the Advisory Board of the Sim Kee Boon Institute for Financial Economics, Singapore Management University, and Member of the Listings Advisory Committee, Singapore Stock Exchange. Mr Ong graduated with a Bachelor of Business Administration from the University of Singapore in 1980 and was a Naval Officer with the Republic of Singapore Navy. Mr Kee Teck Koon was elected to the Board on 3 June 2014 as Director representing the Founder Member. He is the Deputy Chairman of the Board and a member of the Investment, Nominating and Human Resource & Remuneration Committees. Mr Kee is currently non-executive Chairman of Changi Airports International Pte Ltd. He is Executive Director of NTUC Enterprise Co-operative Limited, and also holds directorships in Raffles Medical Group Ltd and Capitaland Limited, among others. He is also Income’s nominee director on the boards of FFMC Holdings Pte Ltd and Fullerton FundManagement Company Ltd. Mr Kee started his career in 1979 with the Singapore Armed Forces and was with the Ministry of Defence until 1991. Thereafter, he held senior management appointments with several organisations before joining the CapitaLand Group in 2003. After holding several senior positions, he retired as the Chief Investment Officer of CapitaLand Limited in July 2009. Mr Kee holds a Master of Arts from Oxford University. RONALD ONG CHAIRMAN Kee Teck Koon DEPUTY CHAIRMAN 12 HAND IN HAND