NTUC Income AR 2019

16 HERE FOR SURE SIM HWEE CHER DIRECTOR Mr Sim Hwee Cher was co-opted to the Board on 23 August 2018 and formally elected as Director representing the Institutional Members on 24 May 2019. He is the Chairman of the Audit Committee and a member of the Risk Management Committee. Mr Sim has over 30 years of audit experience and has been actively involved in planning, executing and managing audits of large companies in the manufacturing, real estate, construction, health care, insurance and trading industries. Mr Sim was formerly the Vice Chairman (Operations), Assurance leader and member of the leadership team at PricewaterhouseCoopers LLP (PWC) Singapore and also an Executive Committee member of PWC in China, Taiwan, Singapore and Hong Kong before his retirement in July 2018. Mr Sim is currently Council Member of Community Chest and the National Youth Achievement Award Association, as well as, Director of Mandai Park Holdings Pte Ltd, The Esplanade Company Limited, and UOL Group Limited, amongst others. Mr Sim holds a Bachelor of Accountancy (Honours) from National University of Singapore and concurrently completed ACCA (UK) examinations in 1981. He is a Fellow of Certified Practising Accountants, Australia, and a Fellow of the Association of Chartered Certified Accountants of the United Kingdom. BOARD OF DIRECTORS SIM HWEE HOON DIRECTOR Ms Sim Hwee Hoon was elected to the Board as Director representing the Ordinary Members on 26 May 2017. She is the Chairperson of the Nominating and Human Resource & Remuneration Committees, and a member of the Audit Committee. 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 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. Ms Sim currently serves on the Board of the YWCA of Singapore as 2nd Vice President, and as an independent non-executive director on the Board of Stashaway. 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.