NTUC Income AR 2019

12 HERE FOR SURE BOARD OF DIRECTORS RONALD ONG CHAIRMAN Mr Ronald Ong was co-opted to the Board on 23 August 2018 and formally elected as Director representing the Founder Member on 24 May 2019. He was appointed 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, a Member of the Advisory Board of the Sim Kee Boon Institute for Financial Economics, Singapore Management University, and a 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. KEE TECK KOON DEPUTY CHAIRMAN Mr Kee Teck Koon was first elected to the Board on 3 June 2014 and last re-elected as Director representing the Founder Member on 26 May 2017. He is the Deputy Chairman of the Board and a member of the Investment, Nominating and Human Resource & Remuneration Committees. Mr Kee is currently the Director and Board Advisor of NTUC Enterprise Co-operative Limited, the holding entity of NTUC FairPrice Group, NTUC Income, NTUC Health and four other social enterprises. He holds directorships in Raffles Medical Group Ltd, Capitaland Limited, Mandai Park Holdings Pte Ltd and Lien Foundation. 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.