Change - Announcement of Appointment Of Ms Deborah Tan Yang Sock (Mrs Deborah Ong) As The Chairman Of The Audit Committee Of StarHub Ltd.
Sep 12, 2024
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Sep 12, 2024 17:23 |
| Status | New |
| Announcement Sub Title | Announcement of Appointment |
| Announcement Reference | SG240912OTHRXJB8 |
| Submitted By (Co./ Ind. Name) | Audra Balasingam |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Ms Deborah Tan Yang Sock (Mrs Deborah Ong) as the Chairman of the Audit Committee of StarHub Ltd. |
| Additional Details | |
| Date Of Appointment | 18/09/2024 |
| Name Of Person | Deborah Tan Yang Sock (Mrs Deborah Ong) |
| Age | 64 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process) | The Board of Directors of StarHub Ltd ("StarHub") has accepted the recommendation of the Nominating and Governance Committee of StarHub, which has reviewed Mrs Ong's qualifications and experience and approved the appointment of Mrs Ong as the Chairman of the Audit Committee ("AC") of StarHub. |
| Whether appointment is executive, and if so, the area of responsibility | Non-Executive. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-Executive Director, Chairman of the AC and Member of the Risk and Sustainability Committee. |
| Professional qualifications | - Bachelor of Accountancy (Honours), National University of Singapore - Fellow, Institute of Singapore Chartered Accountants (ISCA) - Fellow, Certified Practising Accountants (CPA) Australia |
| Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries | Nil. |
| Conflict of interests (including any competing business) | Nil. |
| Working experience and occupation(s) during the past 10 years | Mrs Ong retired as a Partner of PricewaterhouseCoopers LLP Singapore on 31 October 2020. She is currently a board member and chairs the Audit Committees of SATS Ltd., and CapitaLand India Trust Management Pte. Ltd. (Trustee Manager of CapitaLand India Trust). She is also a board member of the Monetary Authority of Singapore. In addition, Mrs Ong is a board member and chairs the Audit and Risk Committees of SkillsFuture Singapore, Workforce Singapore, and the Lee Kong Chian School of Medicine at Nanyang Technological University. Mrs Ong is also the chairperson of the Institute of Human Resource Professionals (IHRP), and serves on the Judicial Service Commission. Before she retired, she was a member of PwC Global Assurance Quality Leadership working with a portfolio of PwC member firms including the United Kingdom, Korea and Japan. Prior to this appointment, Mrs Ong was a Member of the Leadership Team for PwC Singapore, and led the Risk and Quality, and Human Capital functions. |
| Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6)) | Yes |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| # These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8). | |
| Past (for the last 5 years) | Partner, PricewaterhouseCoopers LLP, Singapore 1993 to 31 October 2020 |
| Present | Present Directorships - Non-Executive and Independent Director, SATS Ltd. - Non-Executive and Independent Director, CapitaLand India Trust Management Pte. Ltd. (Trustee Manager of CapitaLand India Trust) Present Principal Commitments - Chairperson, Institute for Human Resource Professionals - Board member, Monetary Authority of Singapore - Board member, Lee Kong Chian School of Medicine at Nanyang Technological University - Board member, Workforce Singapore - Board member, SkillsFuture Singapore - Member, The Judicial Service Commission - Trustee, Wealth Management Institute Limited |
| (a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner? | No |
| (b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency? | No |
| (c) Whether there is any unsatisfied judgment against him? | No |
| (d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose? | No |
| (e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach? | No |
| (f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part? | No |
| (g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust? | No |
| (h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust? | No |
| (i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity? | No |
| (j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :- | |
| (i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or | No |
| (ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or | No |
| (iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or | No |
| (iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | No |
| (k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere? | No |
| Any prior experience as a director of an issuer listed on the Exchange? | Yes |
| If Yes, Please provide details of prior experience | Mrs Ong is currently a director of SATS Ltd., a public company incorporated in Singapore and listed on the Mainboard of the Singapore Exchange Securities Trading Limited. She has also been a director of StarHub Ltd since 1 May 2024. |
| Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable) | Not applicable. |