New independent director for Singapore Press Holdings board

Media group Singapore Press Holdings (SPH) appointed Mr Tan Chin Hwee as its new independent director from March 1. -- ST FILE PHOTO: JASON QUAH
Media group Singapore Press Holdings (SPH) appointed Mr Tan Chin Hwee as its new independent director from March 1. -- ST FILE PHOTO: JASON QUAH

MEDIA group Singapore Press Holdings (SPH) appointed Mr Tan Chin Hwee as its new independent director from March 1.

Mr Tan, 43, will be a member of the board's audit committee and the board risk committee.

He is the founding partner in Asia of Apollo Global Management, a United States-headquartered multi-billion-dollar alternative investment firm founded by Wall Street legend Leon Black.

Before his position at Apollo (Singapore), Mr Tan was a managing director at Amaranth, an American hedge fund.

He also holds directorships at Keppel Real Estate Investment Trust and KK Endowment Fund, among other organisations.

Outside the corporate world, Mr Tan is a panel member of the Government Parliamentary Committee for Finance and Trade and Industry.

In a statement released by SPH today, Mr Tan said: "I am both honoured and thrilled to be given the opportunity to contribute to a company I greatly respect.

"We face challenging but exciting times ahead... (and) I look forward to working with the board to enhance our core businesses and invest in new areas of growth."

SPH chairman Lee Boon Yang said: "On behalf of fellow directors, I welcome Mr Tan to the SPH board.

"Mr Tan comes to SPH with valuable experience in investment. I am confident that he will be able to contribute ideas for our growth strategy and help us to better deal with the evolving media landscape."