Singapore Airlines Media Centre - News Releases (2009)
SINGAPORE AIRLINES APPOINTS DR WILLIAM FUNG AS INDEPENDENT DIRECTOR
30 November 2009 - Singapore Airlines is pleased to announce the appointment of Dr William Fung Kwok Lun to its Board as an independent director with effect from 1 December 2009.
Dr Fung, 60, is Group Managing Director of Li & Fung Limited, a multinational group of companies headquartered in Hong Kong. He has received numerous awards and accolades for his business contributions including the Silver Bauhinia Star by the Government of the Hong Kong Special Administrative Region in 2008.
With extensive knowledge of the Asia-Pacific region and in particular the fast-growing Chinese market, Singapore Airlines’ Board will benefit from Dr Fung’s vast experience and business connections. In addition to his appointment as an independent, non-executive director, he will be a member of the Board Audit Committee.
Dr Fung is a non-executive director of HSBC Holdings and Deputy Chairman of The Hongkong and Shanghai Banking Corporation. He is also an independent non-executive director of Shui On Land and VTech Holdings, among other directorships. He is a Council Member of the Chinese University of Hong Kong.
Dr Fung has also held key positions in major trade and business associations. He is a past Chairman of the Hong Kong General Chamber of Commerce, Hong Kong Exporters’ Association and Hong Kong Committee for the Pacific Economic Cooperation Council.
Dr Fung holds an MBA from Harvard Graduate School of Business and a Bachelor of Science in Engineering from Princeton University. He was also conferred the Honorary Degree of Doctor of Business Administration by Hong Kong University of Science & Technology and by Hong Kong Polytechnic University.
Following Dr Fung’s appointment, the Board Audit Committee will comprise the following members:
Ms Euleen Goh Yiu Kiang
Mr David Michael Gonski
Mr Lucien Wong Yuen Kuai
Dr William Fung Kwok Lun
Pursuant to Rule 704(8) of the SGX Listing Manual, the Board of Singapore Airlines considers all the above members of the Audit Committee to be independent.