Mr Basil Chan was appointed Independent Director on 25 April 2012. He is currently the Chairman of the Remuneration Committee and member of the Audit and Risk Committee and Nominating Committee.
Mr Chan is the Founder and Managing Director of MBE Corporate Advisory Pte Ltd. He currently sits on the boards of several listed companies in Singapore. He was a Council Member and Board Director of the Singapore Institute of Directors from 2002 to 2013, and a member of the Corporate Governance Committee in 2001 that developed the Singapore Code. He was previously a member of the Accounting Standards Committee of the Institute of Certified Public Accountants in Singapore (“ICPAS”) and was formerly a member of the Auditing and Assurance Standards Committee of the Institute of Singapore Chartered Accountants (“ISCA”, formerly known as “ICPAS”). He is currently a member of the Corporate Governance Committee of ISCA. Mr Chan has more than 33 years of audit, financial and general management experience having held senior financial positions in both private and public companies.
He holds a Bachelor of Science (Economics) Honours degree majoring in Business Administration from the University of Wales Institute of Science and Technology, United Kingdom and is a member of the Institute of Chartered Accountants in England and Wales as well as a member of ISCA. He is a Fellow Member of the Singapore Institute of Directors.