SGX appoints new chairman to succeed Chew Choon Seng
Mr. Kwa was elected to the Board in September 2012. He was appointed the Lead Independent Director in December 2013, and has been the Chairman of both the Nominating & Governance and the Remuneration & Staff Development Committees since September 2013.
Mr. Kwa is the Chairman of Singapore Technologies Engineering Ltd and the Chairman of Olam International Limited. He is a non-executive director of Seatown Holdings Pte Ltd, and Delta Topco Limited.
He is the Chairman of the Advisory Committee of Dymon Asia Capital Ltd and a member of the Defence Science and Technology Agency (DSTA) Board of Directors.
He has served on the Public Service Commission in Singapore since 1997 and was appointed Deputy Chairman in March 2013. He was the Deputy Chairman of Temasek Holdings Pte Ltd from 1997 to 2012 and a non-executive Director of DBS Group Holdings Ltd and DBS Bank Ltd from 2003 to 2012.
Between 2002 and 2004, he served as non-executive Chairman of the Media Corporation of Singapore.
Mr. Kwa has more than 40 years’ experience in the petroleum industry. He started his career with Esso Singapore Pte Ltd in 1969, holding various roles in Logistics, Marketing and other parts of the downstream business before becoming Chairman and Managing Director in 1992.
He held this post until 1999 when he became Chairman and Managing Director of ExxonMobil Asia Pacific Pte Ltd. He retired from this position in 2011. In 1994, Mr. Kwa was awarded the Distinguished Engineering Alumni Award by the National University of Singapore.
He was conferred the Honorary Ningbo Citizenship in 1999. In 2005, he was awarded the Singapore Public Service Star.
Mr. Kwa graduated from the University of Singapore with a Mechanical Engineering degree. He is a Fellow of the Academy of Engineering Singapore. Mr. Kwa was last re-elected as a director at the Annual General Meeting on 25 September 2014.
Mr. Chew will be retiring at the conclusion of SGX's Annual General Meeting on 22 September 2016, and will not be standing for re-election. He joined the Board in December 2004 and has been the Chairman since January 2011. ■