SPH appoints board member

Singapore Press Holdings Limited has appointed Tan Chin Hwee as an independent director to its board effective immediately. Tan will be a member of the audit committee and the board risk committee.

Tan is the founding partner in Asia for Apollo Global Management, a global alternative investment firm.  Prior to joining Apollo, he was a managing director at Amaranth, an American hedge fund.

Tan is also a non-executive director of Keppel REIT and a director of Lien Aid Limited (Singapore) and KK Endowment Fund.  He is a member of the government parliamentary committee for finance and trade and industry, as well as the new advisory panel for volunteer youth corp of the Ministry of Culture, Community and Youth.

Tan said: “I am both honoured and thrilled to be given the opportunity to contribute to a company I greatly respect. We face challenging but exciting times ahead.  I look forward to working with the Board to enhance our core businesses and invest in new areas of growth."

Dr Lee Boon Yang, chairman of the SPH Board, said: "On behalf of fellow directors, I welcome Mr Tan to the SPH board.  Mr Tan comes to SPH with valuable experience in investment.  I am confident that he will be able to contribute ideas for our growth strategy and help us to better deal with the evolving media landscape."