The Board’s decision-making will be guided by the best interests of our staff, customers, shareholders and the communities we operate in.
Alice Yan
Independent
Non-Executive Chair
Mr Francis Lee
Executive Director and Chief Executive Officer
Salim Limanto
Executive Director and Chief Operating Officer
Hew Koon Chan
Independent
Non-Executive Director
Cheong Hock Wee
Independent
Non-Executive Director
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Ms Alice Yan was appointed to the Board on 27 December 2019, and assumed the role of Non-Executive Chair on 1 April 2021. With over two decades of expertise, having held leadership roles at some of the world’s most reputable financial Institutions, Ms Yan brings a wealth of knowledge and experience to the Board.
Her financial career with Citibank Corporate Bank Jakarta spanned from June 1990 to August 2004, where she held various roles and was promoted to the position of Vice President. Ms Yan subsequently served as a Director at Citigroup Private Bank (Singapore) from April 2004 to April 2005 and then moved on to Merrill Lynch International Bank Limited (Merchant Bank) (Singapore) as a Director in the Private Bank from May 2005 to November 2011.
Subsequently, she joined Standard Chartered Bank (Singapore) from November 2011 to April 2013 as a Director and then Julius Baer (Singapore) as a Director from April 2013 to August 2014. Ms Yan then took on the role of Executive Vice President at PT. Bank ICBC Indonesia to manage the Consumer Banking Group business from November 2014 to December 2016.
In August 2019, Ms Yan co-founded Kode 101, a computer science education startup in Indonesia, and currently serves as the Chief Executive Officer. Additionally, she is a member of the Singapore Institute of Directors. Ms Yan graduated in 1988 from the California State University of Los Angeles, USA, with a Bachelor of Science degree, majoring in Business Administration.
Mr Francis Lee was appointed to our Board on 15 July 2019. Mr Lee is responsible for the overall management, strategic planning and development, and the expansion and growth of our Group. Mr Lee has over 30 years of experience and expertise in managing companies in the trading, shipping, investment holding and agriculture sectors.
Mr Lee started his career as an auditor in Coopers & Lybrand Singapore, now known as PricewaterhouseCoopers, from 1991 to 1995. From 1995 to 1997, he was the General Manager of Coopers & Lybrand Hla Tun Consultants in Yangon, Myanmar. From 1997 to 1998, Mr Lee joined Kuok (Singapore) Ltd. as the Assistant General Manager in Myanmar. Subsequently from 1998 to 2000, he was transferred to Pacific Carrier Ltd. a subsidiary of Kuok (Singapore) Ltd., where he acted as Group Financial Controller. From 2001 to 2003, he was appointed as Group Financial Controller of Kuok (Singapore) Ltd. From 2004 to 2019, Mr Lee was appointed the General Manager and Director of the fertiliser department at Agrifert Trading Pte. Ltd.,and Agrifert Holdings Pte. Ltd., both subsidiaries of Kuok (Singapore) Ltd. As part of his various appointments in the Kuok group of companies, Mr Lee also held various senior positions, such as Chairman of Agrifert Vietnam Ltd., a Vietnamese subsidiary of Agrifert Holdings Pte. Ltd. from 2011 to 2019, as General Manager of KSM Strategic Pte. Ltd., a subsidiary in the Kuok group of companies from 2014 to 2015, and as Managing Director in Agri Malar Company Limited (Myanmar) from 2007 to 2019.
Mr Lee previously served as an alternative non- executive director on the board of Singapore-listed Beng Kuang Marine Ltd. from 2013 to 2016.
Mr Lee graduated from Monash University, Melbourne, Australia with a Bachelor of Economics (Honours), majoring in accounting and computer science in 1992. He is a member of the CPA Australia and a member of Singapore Institute of Directors.
Mr Salim Limanto was appointed to our Board on 12 December 2018. Mr Limanto is responsible for the overall operations and business development activities of our Group. Mr Limanto has over 11 years of management and business development experience in the coal mining, transportation and trading industries, and has been involved in our Group’s business since the inception of PT Deli Pratama Angkutan Laut PT DPAL and PT Deli Niaga Sejahtera (“PT DNS”).
Mr Limanto started his career in PT Sinar Deli, which was previously one of the domestic coal trading entities of the Deli Coal Group, where he was Head of Sales and Shipping from June 2006 to June 2018. He is the Director of our subsidiaries, PT DPAL and PT DNS since February 2013 and October 2013, respectively.
Mr Limanto obtained a Bachelor of Economics, majoring in Accountancy, from Universitas Tarumanagara, Jakarta, Indonesia in 2006.
Mr Hew Koon Chan was appointed to our Board on 27 December 2019.
Mr Hew began working as a process engineer in 1986 for Texas Instruments Singapore Pte. Ltd., a company specialising in the manufacturing and sale of memory integrated circuits. In 1988, he was employed as an investment analyst and rose through the ranks to become Investment Director at Seavi Venture Services Pte. Ltd., a venture capital firm established in the South East Asian region, which is affiliated with Advent International (a global private equity firm headquartered in Boston). Thereafter, he established Integer Capital Pte. Ltd. in December 2004 and carried out the role as the Managing Director, providing business consultancy services on corporate mergers and acquisitions.
Mr Hew presently sits on the board of directors of two (2) public listed companies, namely shopper360 Limited and Oiltek International Limited. He was previously appointed as director of several public listed companies such as Brilliant Manufacturing Limited (now known as Nidec Component Technology Co., Ltd.), Speedy-Tech Electronics Limited, Action Asia Limited, Roxy-Pacific Holdings Limited, Nordic Group Limited, DeClout Limited (now known as DeClout Pte. Ltd.), Far East Group Limited and ecoWise Holdings Limited.
Mr Hew graduated from the National University of Singapore with a Bachelor of Engineering (Mechanical) in 1986. In 1987, he graduated from the Singapore Institute of Management with a Graduate Diploma in Financial Management and obtained his Certified Diploma in Accounting and Finance from the Chartered Association of Certified Accountants (UK) in 1988.
Mr Cheong Hock Wee was appointed to our Board on 1 September 2021.
Mr Cheong has more than 35 years of experience in the shipbuilding and marine industry. He started his career in 1985 with Far-East Levingston Shipbuilding (now known as Keppel Shipyard) as an engineer, before moving on to Republic of Singapore Navy as Naval Engineering Officer. He later joined a few other shipyard companies in Singapore and held senior positions in Pan-United Corporation Group of Companies, ST Engineering Ltd, ASL Marine Holdings Limited, Jaya Shipbuilding and Engineering Ltd, Singapore Star Shipping Pte. Ltd. and DDW-Pax Ocean Asia Pte. Ltd.
Mr Cheong previously served as a non-independent non-executive director on the board of Beng Kuang Marine Ltd from 2012 to 2014, a company listed on the Main Board of the SGX-ST.
Mr Cheong obtained his Bachelor’s Degree in Naval Architecture from University of Hamburg, Germany in 1982 and a Master of Science Degree in Industrial Engineering from National University of Singapore in 1991. He attended the Programme for Management Development at Harvard Business School in Boston in 1993.