Cheng Ai Phing

Independent Non-Executive Director

Ms. Cheng, aged 63, has been appointed as an Independent Non-Executive Director, the Chairman of the Audit Committee, a member of the Disclosures Committee and Designated Committee of the Manager from 1 January 2017. She is also an Independent Director of Citibank Singapore Limited and Chairman of its Audit Committee, as well as an independent Director of KBS US Prime Property Management Pte. Ltd, the Manager of Prime US REIT listed in Singapore. Ms. Cheng is also an External Member of The Asian Infrastructure Investment Bank Audit & Risk Committee.

Ms. Cheng was a Senior Partner in Assurance at a Big Four International Accounting Firm for 36 years before her retirement in 2015. During her career with the Firm, she was the Firm’s Country Leader for Global Financial Services, Real Estates, Public Sector and Banking and Complex Financial Instruments and served large listed and non-listed domestic and international clients in those industries. Ms. Cheng was also the Chairman of the Firm’s Governance Committee for several years up to her retirement. Ms. Cheng is a Fellow Chartered Accountant of The Institute of Singapore Chartered Accountants (“ISCA”) and a Fellow of CPA Australia.

Ms. Cheng currently sits on various governmental bodies and professional associations in Singapore. She is a member of the Accounting Standards Council of Singapore, a member of The Accounting and Corporate Regulatory Authority- Financial Reporting Technical Advisory Panel, a member of the SGX Disciplinary Committee and a member of SGX Appeal Committee. From 2012, Ms. Cheng has been appointed as a member of the Financial Reporting Committee of ISCA. Ms. Cheng holds a Bachelor of Accountancy degree from the University of Singapore.