Sembcorp Industries appoints new independent director

SINGAPORE - Conglomerate Sembcorp Industries will have a new independent director from Nov 1.

Mr Nicky Tan Ng Kuang, 57, is the chief executive of a boutique corporate finance and corporate restructuring firm Tan Corporate Advisory.

As a qualified chartered accountant, Mr Tan "brings to the board many years of experience in corporate finance, audit and mergers and acquisitions", said the company in a Singapore Exchange filing Friday (Oct 30).

He has served as director and audit committee member on some of Singapore's largest listed companies, including SingTel, and Fraser and Neave.

Prior to forming his own consultancy firm, Mr Tan was a partner at Arthur Andersen Singapore and Asean. He was also previously with PricewaterhouseCoopers Singapore.