Sunday 13 Oct 2024
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Singapore Telecommunications today announced that Chumpol NaLamlieng will step down as Chairman and Director of the company, and will be succeeded by Simon Israel, upon the conclusion of the forthcoming Annual General Meeting (AGM) scheduled to be held on 29 July 2011.

NaLamlieng, a Thai national, was appointed a non-executive and independent Director in 2002 and has been Chairman of the Board since 2003. He was President of Siam Cement for 13 years before stepping down in 2005 and his career there spanned more than 30 years.

Kai Nargolwala, Lead Independent Director, says: “The group has indeed been fortunate to have benefited from Khun Chumpol’s vast experience and understanding of the business environment in Asia. His acumen and insights have been instrumental in guiding the SingTel Group through its journey of transformation and helping to reinforce its position as Asia’s leading communications group, particularly through periods of severe economic downturn as in the recent past.”

Israel, a non-executive and non-independent Director of SingTel since 2003, has been appointed by the Board to take over as Chairman. He assumes the position after the AGM. He will retire as Executive Director, President and Board Member of Temasek Holdings, effective 1 July 2011. Before joining Temasek, he was Chairman of Danone Asia Pacific, and a member of the Executive Committee of Group Danone.

In addition, Graham John Bradley (Member of the Order of Australia) and Nicky Tan will be stepping down as non- executive and independent Directors after the AGM. Bradley has been a Director since 2004 and Tan, since 2002.

“With their rich experience in management and consulting roles across various industries, Graham and Nicky consistently brought important and fresh perspectives to board discussions. On behalf of my fellow Directors, I would like to thank them for their immense contributions over the years and wish them all the best,” NaLamlieng said.

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