Cheng Wai Keung Chairman

Mr Cheng Wai Keung is Chairman of the NOL Board and a Director of other Group subsidiary companies, including APL. He is also Chairman of the NOL Board Executive Committee and a member of the Nominating Committee and the Executive Resource and Compensation Committee. Mr Cheng is concurrently the Chairman of Wing Tai Holdings Limited, Raffles Holdings Limited and Vice Chairman of Singapore-Suzhou Township Development Pte Ltd. He also holds directorships in several public and private companies, including GP Batteries International Ltd and Media Asia Entertainment Group Ltd. Mr Cheng was awarded the Public Service Star (BBM) in 1987 and the Public Service Star (Bar) (BBM-Lintang) in 1997 by the Government of Singapore. He was re-appointed Justice of The Peace (JP) by the President of the Republic of Singapore in 2005. Mr Cheng graduated with a Bachelor of Science degree from Indiana University and holds a Masters in Business Administration from the University of Chicago, US.

Friedbert Malt Vice Chairman

Friedbert Malt is Vice Chairman of the NOL Board and a member of the NOL Board Executive Committee and the Executive Resource and Compensation Committee. Dr Malt also serves on the Board of TUV Rheinland of North America, a global leader in independent testing and assessment services. He taught finance as a lecturer at the University of Hamburg, Germany, and has held various international responsibilities, including as a member of the Executive Board of DG Bank (now DZ Bank AG) until the end of 2001. Dr Malt brings valuable insights and experience in international finance. He served on a number of supervisory Boards of major European financial institutions and is on the Board of the German American Chamber of Commerce, New York.

Ang Kong Hua Vice Chairman

Ang Kong Hua joined the NOL Board in 2003 as a Vice Chairman and is Chairman of the Nominating Committee and a member of the Board's Executive Committee. He is Executive Director of NatSteel, a listed Singapore-based manufacturing group. Before joining NatSteel in 1975, he was with Singapore's Economic Development Board and The Development Bank of Singapore. Mr Ang also serves on the Boards of DBS Bank Limited, K1 Ventures Limited and the Government of Singapore Investment Corporation.

David Lim Executive Director

David Lim is Group President and CEO and a member of the NOL Executive Committee and the Approval Committee. He is a Member of Singapore's Parliament. Mr Lim was previously the CEO of the Port of Singapore Authority; led an international consortium as CEO of the China-Singapore Suzhou Industrial Park located in China and was CEO of Jurong Town Corporation, which develops industrial facilities in Singapore and invests throughout the region. He also served on the National Computer Board and the Singapore Economic Development Board. Mr Lim entered politics in 1997 and served in a number of portfolios, most recently as Acting Minister for Information, Communications and the Arts.

Connal Rankin Director

Banking and Human Resource specialist Connal Rankin joined the NOL Board in 2002. He was appointed Chairman of the Executive Resource and Compensation Committee in June 2003 and is a member of the Nominating Committee. Mr Rankin retired from HSBC Holdings plc at the end of 2005. He began his banking career with HSBC as a trainee 45 years ago and undertook numerous international postings for them including Brunei, Australia, Canada, the Philippines, Saudi Arabia and Hong Kong. He was a Group General Manager and CEO of HSBC Singapore from 1995 to 2000 and currently lives in the United Kingdom.

Willie Cheng Director

Willie Cheng joined the NOL Board in 2003 and was appointed Chairman of the NOL Board Audit Committee in April 2004. He was previously Managing Director of Accenture Singapore, retiring from the firm in 2003. Mr Cheng is currently Chairman of the Singapore Science Centre and the Jurong Country Club. He also serves on the Boards of Singapore Press Holdings, SPH MediaBoxOffice, NTUC Fairprice, Accounting Corporate Regulatory Authority, SPRING Singapore and PSB Holdings.

Robert Holland Director

US business consultant Robert Holland joined the NOL Board in January 2004 as a member of the Audit Committee and was appointed Chairman of the Enterprise Risk Management Committee in August 2005. Mr Holland is currently a General Partner and Industry Specialist with private equity firm Williams Capital Partners. Previously, he was the sole owner, and served as Chairman and CEO, of WorkPlace Integrators, one of the largest Steelcase office furniture dealerships in the United States. He was formerly President and CEO of ice cream-maker Ben & Jerry's, and spent several years as a partner with McKinsey & Company. His current directorships include Carver Federal Savings Bank, a community-based bank headquartered in Harlem, New York; printing solutions company, Lexmark International; and the world's largest quick-serve restaurant company, Yum! Brands Inc., which operates a number of leading global food brands.

Yasumasa Mizushima Director

Yasumasa Mizushima joined the NOL Board in 2002 after his retirement as President and Chief Executive of Sony Logistics Corporation, a global business with one of the most extensive supply chains in the world. Mr. Mizushima is a member of the Executive Resource and Compensation Committee. He has more than 40 years' experience in building supply chain networks including establishing and heading Sony GmbH, Sony Corporation's subsidiary in Germany. He remains as Corporate Advisor of Sony Corporation after completing terms as a Member of the Board of Directors and Executive Vice President. He also holds the positions of Professor of the Tama Graduate School of Management and Information Sciences in Tokyo, Japan, and Honorary Professor of the Universiti Tunku Abdul Rahman, Malaysia.

Christopher Lau Director

Senior Counsel and Chartered Arbitrator Christopher Lau joined the NOL Audit Committee in May 2004 and was appointed to NOL's Enterprise Risk Management Committee in 2005. Mr Lau is a former Judicial Commissioner of the Supreme Court of Singapore and is currently a consultant with law firm Alban Tay Mahtani & de Silva. He has more than 30 years' experience in maritime and commercial law and is a member of the Governing Board of the International Maritime Law Institute of the International Maritime Organisation. Mr Lau also serves as an arbitrator both in Singapore and internationally, belonging to the Singapore Institute of Arbitrators, Singapore Chamber of Maritime Arbitration and a number of international arbitration organisations.

Timothy Harris Director

Timothy Harris joined the NOL Board in 2005 as a Member of the Executive Resource and Compensation Committee and the NOL Enterprise Risk Management Committee. Mr Harris was appointed Chief Executive Officer of P&O Nedlloyd Container Line Limited in 1996, following the merger of P&O Containers Limited and Nedlloyd Lines BV. He led the company until 2000. He also served on the P&O Board from 1986, managing the company's cruise interests as both Chairman and CEO. He was also Chairman of Box Club, the International Council of Containership Operators, in 1995. Mr Harris was created a Commander of the British Empire (CBE) in the 1996 New Year's Honours. His current appointments include chairing the marine services company, James Fisher and Sons, and leading ship broking firm, Clarkson.

Peter Wagner Director

Peter Wagner joined the NOL Board in 2005 as a member of the Audit Committee and the NOL Enterprise Risk Management Committee. Mr Wagner has held senior positions at logistics companies in Switzerland, Germany and the United States over the past 25 years. He was on the Management Board for Deutsche Post AG from 1999 to 2001 where he oversaw worldwide logistics activities. He was appointed Chief Financial Officer (1989) and Chief Executive Officer (1996) of Danzas Holding AG, Switzerland. Mr Wagner is a certified public accountant and has completed an Executive Program in Business Administration (EPBA) from Columbia Business School, New York. Currently Vice Chairman of Wild Group Management AG, Zug, he was previously Chairman of Vontobel Holding AG and Bank Vontobel AG, one of the leading banks in Switzerland.