Keppel Infrastructure Fund Names Eng Chin Chin as Independent Director
Keppel Infrastructure Fund Management Pte Ltd , the Trustee-Manager of Keppel Infrastructure Trust (KIT), has announced a series of board composition changes aimed at enhancing governance and aligning with the company’s long-term strategic objectives. These changes, which are part of a planned board renewal process, include the appointment of Ms. Eng Chin Chin (邢晶晶) as an independent director, along with adjustments to key committee memberships.
Appointment of Ms. Eng Chin Chin
Effective February 20, 2025, Ms. Eng Chin Chin, aged 61, will join KIFM’s Board as an independent director. She will also serve as a member of the Audit and Risk Committee and the Environmental, Social, and Governance (ESG) Committee. Ms. Eng brings extensive experience in auditing, risk management, and corporate governance, making her a valuable addition to the Board.
Ms. Eng’s career spans 36 years with KPMG Singapore, where she held several senior management roles overseeing quality and risk management, as well as ethics and independence. Her expertise in capital markets is demonstrated by her role as an independent reporting accountant for the listing and fundraising exercises of numerous asset management and real estate entities on the Singapore Exchange. Since 2022, she has chaired the Ethics Committee of the Institute of Singapore Chartered Accountants (ISCA), which is responsible for issuing the ISCA Code of Professional Conduct and Ethics. Ms. Eng holds a Bachelor of Accountancy degree from the National University of Singapore.
Reassignments Within the Board
In addition to Ms. Eng’s appointment, several reassignments will take effect on February 20, 2025:
- Mr. Khor Poh Hwa (许保华), aged 75, currently an independent director and a member of the ESG Committee, will transition to the Nominating and Remuneration Committee and the Investment Committee.
- Mr. Mark Andrew Yeo Kah Chong (杨家俊), aged 62, will step down from the Board following KIT’s upcoming annual general meeting. Consequently, he will cease to be Chairman of the Audit and Risk Committee and a member of the Nominating and Remuneration Committee.
- Mr. Adrian Chan Pengee (陈秉义), aged 60, an independent director, will succeed Mr. Yeo as Chairman of the Audit and Risk Committee.
Leadership Perspective
Reflecting on the Board’s renewal, Mr. Daniel Ee (余福发), Chairman of KIFM, stated, “The renewal of the Board’s composition allows us to further tap the diverse collective expertise as we steer KIT to deliver sustainable growth and value to Unitholders. We are pleased to welcome Chin Chin to KIFM’s Board as an independent director. I look forward to working closely with Chin Chin, as her wealth of experience in auditing and risk management will strengthen the Board’s competencies. I would also like to express the Board’s appreciation to Mark for his insightful counsel and exemplary leadership of the Audit and Risk Committee over the last nine years.”
Updated Board Composition and Committee Memberships
Following these changes, effective after KIT’s upcoming annual general meeting, the Board will consist of seven directors, six of whom are independent. The composition of the Board’s committees will be as follows:
| Directors | Audit and Risk Committee | Nominating and Remuneration Committee | Investment Committee | Board ESG Committee |
|---|---|---|---|---|
| Mr. Daniel Cuthbert Ee Hock Huat (Chairman, Independent Director) | Member | Chairman | Member | – |
| Mr. Ng Kin Sze (Independent Director) | – | – | Member | Member |
| Ms. Susan Chong Suk Shien (Independent Director) | – | – | – | Chairman |
| Mr. Khor Poh Hwa (Independent Director) | – | Member | Member | – |
| Mr. Adrian Chan Pengee (Independent Director) | Chairman | – | – | Member |
| Ms. Eng Chin Chin (Independent Director) | Member | – | – | Member |
| Ms. Christina Tan Hua Mui (Non-Independent Director) | – | Member | Chairman | – |
About Keppel Infrastructure Trust (KIT)
KIT is a diversified business trust listed on the Singapore Exchange (SGX-ST), with approximately S$9.0 billion in assets under management. Its primary objective is to deliver sustainable and growing returns to Unitholders through recurring distributions and capital growth. KIT’s portfolio includes strategic infrastructure businesses and assets that provide essential products and services to government agencies, multinational corporations, commercial and industrial enterprises, and retail consumers.
The Trustee-Manager for KIT is Keppel Infrastructure Fund Management Pte. Ltd. (KIFM). KIT is sponsored by Keppel, a leading company that invests in, owns, and operates competitive energy and infrastructure solutions and services.
