Temasek appoints ex-SIA chairman Stephen Lee Ching Yen to Board

A file picture of Stephen Lee Ching Yen. PHOTO: SPH
A file picture of Stephen Lee Ching Yen. PHOTO: SPH

SINGAPORE - Former chairman of Singapore Airlines, Mr Stephen Lee Ching Yen, has been appointed to Temasek Holdings' board of directors, with effect from July 1.

Mr Lee is currently serving as chairman of four companies - SIA Engineering, NTUC Income Insurance Cooperative, Shanghai Commercial Bank (Hong Kong) and Tripartite Alliance.

He is also managing director of Shanghai Commercial & Savings Bank Ltd (Taipei) and GMT Investments, and had led the board of SIA from 2006 to 2016.

In addition, Mr Lee is a director of CNPC Corp (Beijing), CapitaLand, the Singapore Labour Foundation and the Kidney Dialysis Foundation.

He is also a member of the Council of Presidential Advisers and a member of NTUC-ARU Board of Trustee.

Mr Lee was previously the president of the Singapore National Employers Federation (1988-2014), chairman of International Enterprise Singapore, formerly known as TDB (1995-2002), chairman of PSA International (2002-2005) and chairman of Singapore Business Federation (2002-2008).

He has also served on the boards of Vertex Venture Holdings (2001-2003), Neptune Orient Lines (2000-2002), and Fraser & Neave (1997-2009).

Mr Lee was also senior international advisor of Temasek International Advisory (2005-2015), Baosteel Group, Shanghai (2005-2012), COFCO Corp (Beijing) (2011-2015), and was a member of Singapore National Wage Council (1978-2016).

He was awarded the Beijing's Friendship Awards to Foreign Experts in 2007, the Singapore Distinguished Service Order in 2006, the Singapore Public Service Star in 1998, and the Distinguished Comrade of Labour in 2015.

He was also conferred one of Singapore's highest state awards, Order of Nila Utama (First Class), in 2015. Mr Lee served as a nominated Member of Parliament (1994-1997).