Board of Directors

Mr Cheng Wai Keung is Chairman of the NOL Board and a Director of the Group's other subsidiary companies, including APL. He is also Chairman of the Executive Committee, Approval Committee and Executive Resource and Compensation Committee, and a member of the Nominating Committee. Concurrently the Chairman and Managing Director of Wing Tai Holdings Limited, and Vice Chairman of Singapore-Suzhou Township Development Pte Ltd, he also holds directorships in several public and private companies, both locally and overseas. These include Singbridge International Singapore Pte Ltd and China-Singapore Suzhou Industrial Park Development Co Ltd. Mr Cheng was awarded Singapore’s Distinguished Service Order (DUBC-Darjah Utama Bakti Cemerlang) in August 2007, and has received other public service medals including the Public Service Star (BBM) in 1987 and the Public Service Star (Bar) (BBM-Lintang) in 1997 awarded by the Government of Singapore in recognition of service to the nation. He has been a Justice of the Peace, appointed by the President of Singapore, since 2000.

Mr Kwa Chong Seng joined the NOL Board in January 2012. He will assume the chairmanship of NOL after the Group’s Annual General Meeting in April 2012. Mr Kwa is the Deputy Chairman of the Board of Directors of Temasek Holdings (Private) Limited. He was Chairman and Managing Director of ExxonMobil Asia Pacific Private Limited before retiring in October 2011. He is currently a member of the board of DBS Group Holdings Ltd/DBS Bank Ltd. Mr Kwa was conferred the Distinguished Engineering Alumni Award by the National University in 1994, and the Honorary Ningbo Citizenship in 1999. In 2005, he was awarded the Singapore Public Service Star.

Mr Ng Yat Chung joined the NOL Board in May 2011. He was appointed Group President and Chief Executive Officer of NOL beginning October 2011. He is a member of the Executive Committee and Approval Committee. Prior to joining NOL, Mr Ng was a Senior Managing Director at Temasek Holdings (Private) Limited. Before joining Temasek Holdings, he was the Chief of Defence Force in the Singapore Armed Forces (SAF). During his career in the SAF, Mr. Ng served in various senior command and staff positions in planning, operations and logistics.  His major assignments included Chief of Staff (Joint Staff) and Chief of Army.  Mr. Ng is the Chairman of the Board of Trustees for the Singapore Institute of Technology and a Trustee of the National University of Singapore. He is also a member of the Board of the World Shipping Council and a member of the International Advisory Panel of the Singapore Maritime Institute.

Senior Counsel and Chartered Arbitrator Mr Christopher Lau joined the NOL Board in May 2004 as a member of the Audit Committee, and was appointed to the Enterprise Risk Management Committee in 2005. He became Chairman of the Audit Committee in April 2006. A former Judicial Commissioner of the Supreme Court of Singapore, he has more than 30 years’ experience in maritime and commercial law and is a member of the Board of Directors of the Singapore Maritime Foundation. Mr Lau, an arbitrator both in Singapore and internationally, is an accredited arbitrator with the Singapore International Arbitration Centre and a member of the General Committee of Singapore Chamber of Maritime Arbitration and a number of international arbitral institutions.

Mr Timothy Harris joined the NOL Board in 2005 as a member of the Executive Resource and Compensation Committee and the Enterprise Risk Management Committee. He became Chairman of the Enterprise Risk Management Committee in April 2010. 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 the Box Club, the International Council of Containership Operators, from 1995 to 2000. Mr Harris was appointed a Commander of the British Empire (CBE) in the United Kingdom’s 1996 New Year’s Honours. He is currently the Chairman of the marine services company, James Fisher and Sons plc.

Mr Peter Wagner joined the NOL Board in 2005 and is currently a member of the Executive Committee and the Nominating 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 previously, from 1989 to 2001, Chief Financial Officer and Chief Executive Officer of Danzas Holding AG, Switzerland. A certified public accountant, Mr Wagner served from 1994 to 2005 as a member of the Board and Chairman of Vontobel Holding AG and Vontobel Bank AG, one of the leading private banking groups in Switzerland. Currently Mr Wagner is a member of the Board of Directors of finance group Kaiser Ritter Partner Holding Anstalt, Vaduz, Principality of Liechtenstein, and Chairman of its subsidiaries Kaiser Ritter Partner Privatbank AG, Vaduz, and Kaiser Ritter Partner (Schweiz) AG, Zollikon, Switzerland.

Mr Bobby Chin joined the NOL Board in December 2006 as a member of the Audit Committee. He became Chairman of the Nominating Committee in April 2008. He was the managing partner of KPMG Singapore from 1992 until his retirement in September 2005. Mr Chin is Chairman of Singapore Totalisator Board and also a director of several listed companies, including Oversea-Chinese Banking Corporation Ltd, Yeo Hiap Seng Ltd, Ho Bee Investment Ltd, AV Jennings Limited and Sembcorp Industries Ltd. In January 2010, Mr Chin was appointed by the President of Singapore as a member of the Council of Presidential Advisors. Mr Chin is a Board member of Singapore Labour Foundation and Competition Commission of Singapore. He also serves on the Board of Trustees of the Singapore Indian Development Association. He is a Fellow of the Institute of Certified Public Accountants of Singapore and an associate member of the Institute of Chartered Accountants in England and Wales.

Mr Robert John Herbold joined the NOL Board in February 2010. He is a member of the Executive Resource and Compensation Committee and the Enterprise Risk Management Committee. Mr Herbold is the Managing Director of The Herbold Group, LLC, a consulting business focused on profitability, strategic and operational issues. He previously held the position of Executive Vice President and Chief Operating Officer of Microsoft Corporation from 1994 until his retirement in 2001. Prior to joining Microsoft, Mr Herbold spent 26 years at The Procter & Gamble Company. He is a member of the Board of Trustees of The Heritage Foundation and is an Adjunct Professor at INSEAD – Singapore Campus. Currently, Mr Herbold is also the President of The Herbold Foundation.

Mr Tan Puay Chiang joined the NOL Board in April 2010 as a member of the Audit Committee and Executive Resource and Compensation Committee. He was formerly Chairman, ExxonMobil (China) Investment Co from 2001 to 2007. During his 37-year career with Mobil and later ExxonMobil, he held executive management roles in Australia, Singapore and the US. These included the executive positions of Vice-President, Mobil Research & Technology Corp, USA, as well as Chairman of Mobil Oil Australia. He was appointed General Manager, Corporate Planning, following the merger of Exxon and Mobil in 1999. Mr Tan has been a member of many business and industry boards including the Australian Institute of Petroleum, the Washington, D.C.-based National Policy Association, and the American Chamber of Commerce in Hong Kong. He is currently a member of the Board of the Energy Studies Institute at the National University of Singapore.

Ms Jeanette Wong joined the NOL Board in April 2010. She is a member of the Audit Committee and Enterprise Risk Management Committee. Ms Wong is currently DBS Bank’s Group Executive, responsible for overseeing Corporate and Investment Banking, Enterprise Banking and Global Transaction Services. Prior to this, she was the Chief Financial Officer of DBS Group. Before joining DBS, Ms Wong spent 16 years with JP Morgan in the Global Markets and Emerging Markets business, and held senior management positions with regional responsibilities in Foreign Exchange and Fixed Income. She is Chairperson of the Singapore Management University’s Lee Kong Chian Business School Advisory Board and Vice Chairperson of the Asia Cabinet, Global Advisory Board for the University of Chicago Booth School of Business.

Mr Wu Yibing joined the NOL Board in April 2011. Mr Wu is the President of CITIC Private Equity Funds Management Co and oversees more than US$2 billion worth of assets. Before joining CITIC Private Equity, he was Managing Director of Legend Holdings where he was responsible for overall business operations and direct investment. Prior to this, Mr Wu spent three years at Lenovo, leading its acquisition of the Personal Computing Division of IBM. He was previously a Senior Partner of McKinsey & Co and General Manager of McKinsey Beijing. He is a non-executive Director of Lenovo Group and a Board member of the China Social Entrepreneur Foundation.

Mr Low Check Kian joined the NOL Board in April 2011. Mr Low is one of the founding partners of NewSmith Capital Partners LLP, an independent partnership providing corporate finance advice and investment management services, with its headquarters based in London. Prior to founding NewSmith, Mr Low was a Senior Vice-President and Member of the Executive Management Committee of Merrill Lynch & Co., as well as its Chairman for the Asia Pacific Region. Mr Low has served as an independent director on the Singapore Exchange (SGX) Board since 20 July 2000, and was appointed Lead Independent Director in May 2006.