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SPH

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Last Done 1.880
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Keppel Corp

Stock Chart
Last Done 5.430
Change -0.020 (-0.37%)
Volume 362.3
Range 5.420 - 5.460

Lee Boon Yang to step down as Keppel chairman

26 Feb 2021 09:00

Dr Lee Boon Yang will step down on April 23 after almost 12 years helming the board of Keppel Corp. He will be succeeded by Mr Danny Teoh. LIANHE ZAOBAO FILE PHOTO

By Choo Yun Ting

Keppel Corp non-executive chairman Lee Boon Yang will step down on April 23 after almost 12 years helming the board.

He will be succeeded by Mr Danny Teoh, Keppel's audit committee chairman and a member of its remuneration and board risk committees, it was announced yesterday.

Dr Lee, 73, has been chairman of Keppel since 2009, after retiring from government service.

He was instrumental in launching a significant companywide transformation called Vision 2030 that was devised after the sharp downturn hit the offshore and marine sector in 2015. The long-term strategy is aimed at expanding Keppel as an integrated company providing solutions for sustainable urbanisation.


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Source: Straits Times
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