Board of Directors
Olivia LumExecutive Chairman & Group CEO
Ms Lum started corporate life as a chemist with Glaxo Pharmaceutical and left in 1989 to start up Hydrochem (S) Pte Ltd, the precursor to Hyflux Ltd. Managing the Group for 25 years now, Ms Lum is the driving force behind Hyflux's growth and business expansion, and is responsible for policy and strategy formulation as well as corporate direction.
A former Nominated Member of the Singapore Parliament, Ms Lum is currently a member of the Singapore-Tianjin Economic & Trade Council, the Singapore-Jiangsu Cooperation Council, the Singapore-Zhejiang Economic & Trade Council, the Singapore-Oman Business Council and the Singapore Business Federation Council. She also sits on the boards of International Enterprise Singapore, Singapore Technologies Engineering Ltd and Singapore Mediation Centre.
Ms Lum has received many accolades for her entrepreneurial achievements including the Nikkei Asia Prize for Regional Growth 2006 and the Ernst & Young World Entrepreneur Of The Year 2011.
Ms Lum holds an Honours degree in Chemistry from the National University of Singapore.
Teo Kiang KokLead Independent Director
Mr Teo has been a Non-Executive Independent Director of Hyflux Ltd since December 2000. He is also the Chairman of the Nominating Committee and a member of the Audit, Remuneration and Risk Management Committees.
Mr Teo was admitted to the Singapore bar in 1983. He was a partner of Shook Lin & Bok LLP (SLB) from 1988 to 2011. Prior to joining SLB, he worked as an associate with an international law firm and as a corporate finance executive with an international investment bank. He obtained his Bachelor of Law (Honours) degree from the University of Hull and is a Barrister-at-Law from Lincoln's Inn.
Mr Teo headed the Corporate Finance and China practices of SLB. In his 30 years of legal practice, he has advised on securities offerings, mergers and acquisitions, joint ventures, strategic investments as well as corporate law and regulatory compliance, particularly the listing and compliance requirements of companies listed on the Singapore Exchange. MrTeo's regional practice included foreign investment work in and out of Singapore, the People's Republic of China, India and the ASEAN countries. He retired as a senior partner of SLB in May 2011 and is currently the senior consultant to SLB.
Mr Teo is also a director of Jadason Enterprises Ltd, Memtech International Ltd, Pheim SICAV-SIF and Wilton Resources Holdings Ltd.
Lee Joo HaiNon-Executive Independent Director
Mr Lee has been a Non-Executive Independent Director of Hyflux Ltd since December 2000. He is also the Chairman of the Audit Committee and member of the Risk Management Committee.
Mr Lee is a member of both the Institute Of Singapore Chartered Accountants and the Institute of Chartered Accountants in England and Wales. He has more than 30 years of experience in accounting and auditing.
Mr Lee currently is a director of Kian Ho Bearings Ltd, Agria Corporation, IPC Limited, Lung Kee Metal Holdings Ltd and Armada Holdings Ltd.
Gay Chee CheongNon-Executive Independent Director
Mr Gay has been a Non-Executive Independent Director of Hyflux Ltd since August 2001. He is also the Chairman of the Remuneration Committee, as well as a member of the Nominating, Audit and Investment Committees.
He sits on the Board of Governors of Temasek Polytechnic; Entrepreneurship Committee at the National University of Singapore; Board of Trustees of the United World College of South East Asia Foundation; Board of Heliconia Capital Management Pte Ltd; and Board of CapitaMall Trust Management Limited.
Mr Gay graduated from the Royal Military Academy (RMA), Sandhurst and Royal Military College of Science, Shrivenham, United Kingdom. He holds Honours degrees in Electronics Engineering from the Royal Military College of Science, Shrivenham and in Economics from the University of London, United Kingdom. He also has a Master of Business Administration from the National University of Singapore.
Christopher MurugasuNon-Executive Independent Director
Mr Murugasu has been a director of Hyflux Ltd since February 2005. Mr Murugasu is also a member of the Nominating, Remuneration and Risk Management Committees.
Previously Senior Vice President for Corporate Services at Hyflux Ltd, he was responsible for the Group's human resources, procurement and general administration functions. Prior to joining Hyflux, Mr Murugasu had accumulated over 15 years of experience in the public sector as well as with a foreign bank.
He holds an Honours degree in Computing Science from Imperial College, United Kingdom, and a Master's degree from the London School of Economics, United Kingdom.
Simon TayNon-Executive Independent Director
Mr Tay has been a Non-Executive since May 2011. He is also a member of the Risk Management and Investment Committees.
He is a public intellectual as well as private advisor to major corporations and policymakers. He is concurrently Chairman of the Singapore Institute of International Affairs, the country's oldest think tank and founding member of the ASEAN network of think tanks, and Associate Professor, teaching international law at the National University of Singapore.
Mr Tay is also a Senior Consultant at WongPartnership, a leading Asian law firm. He serves on the Global Advisory Boards for Toyota Motor Corporation, MUFG and the Board of Far East Organization.
From 1992 to 2008, he served in public positions for Singapore, including Chairman of the National Environment Agency, Nominated Member of Parliament, and coordinated the Singapore Volunteers Overseas. He continues to serve on several Singapore Government committees for climate change and security relations in the Asia Pacific.
Mr Tay graduated in law from the National University of Singapore (1986) and from Harvard Law School (1993).
Lau Wing TatNon-Executive Independent Director
Mr Lau has been a Non-Executive Independent Director of Hyflux Ltd since July 2014. He is also the Chairman of the Risk Management Committee.
Mr Lau is the Chairman of the ASEAN Economic Community Fund, an investment fund. He has close to 30 years of experience in investment management.
Mr Lau joined the Government of Singapore Investment Corporation in 1983. During his 20-year tenure with GIC, he handled investments in equities and held numerous roles in various departments. He last served as a member of the senior management team of the Equities Department where he was actively involved in developing and implementing its investment and risk management processes and advising on its trading operations. From 2005 to 2007, Mr Lau was the Chief Investment Officer and later CEO of DBS Asset Management, a wholly-owned subsidiary of the DBS Group. Thereafter, he took on several directorships and advisory roles. He is currently a director of the Central Provident Fund Board and NTUC Income Insurance Co-operative.
Mr Lau holds a Bachelor of Engineering (First Class Honours) from the University of Singapore and is a Chartered Financial Analyst.
Gary KeeExecutive Director, Corporate Finance
Mr Kee has been a Director of Hyflux Ltd since May 2011. He is a member of the Investment Committee. Mr Kee assumed the role of Executive Director, Corporate Finance in May 2013 and oversees the corporate finance, treasury, investments and information technology departments at Hyflux.
Mr Kee was the Chief Executive Officer of the Trustee-Manager and Non-Independent Executive Director of Hyflux Water Trust Management Pte Ltd. Prior to that, he held numerous senior regional management positions in Finance, Operations and Strategic Business Development in his 23 year tenure at Hewlett Packard. He last served as Director, Head of Strategy and Corporate Development for Asia Pacific & Japan.
Before joining Hewlett Packard, Mr Kee was a Management Consultant with Arthur Andersen Associates (now known as Accenture). Mr Kee has also served as a Board Director of various companies and JTC Corporation.
Mr Kee holds a Bachelor of Commerce from McMaster University in Canada and a Masters of Business Administration from the University of Texas at Arlington in the USA.
Yu-Foo Yee ShoonSenior Advisor
Mrs Yu-Foo Yee Shoon retired from Singapore politics in 2011, having been an elected Member of Parliament from 1984 to 2011. She was Minister of State for the Ministry of Community Development, Youth and Sports from August 2004 until her retirement. Before that, Mrs Yu-Foo was Mayor of the South West CDC and Senior Parliamentary Secretary for the then Ministry of Community Development and Sports.
Mrs Yu-Foo started her career with the National Trades Union Congress (NTUC), rising through the ranks to become Deputy Secretary-General at the labour movement. She was the first woman to chair the NTUC Central Committee in 1980. An active figure in social and volunteer work, she is the Founder Patron for Singapore's Breast Cancer Foundation and Chairman of the NTUC Ong Teng Cheong Institute Training Foundation. She advises and sits on the boards of various organisations, including NTUC Childcare, Global Yellow Pages, Singapura Finance and is an executive council member of Hainan University, China. In 2011, she was accorded "NTUC Stalwart" award at the NTUC 50th Anniversary May Day celebrations.
Mrs Yu-Foo holds a Master's degree in Business from the Nanyang Technological University and an Honourary Doctorate of Education from Wheelock College of Boston, USA.
Liu JingshengSenior Advisor
Ms Liu Jingsheng joined China International Capital Corporation Limited (CICC) in 1996 and currently serves as Senior Advisor. Previously, she was the Managing Director of CICC, Chairman and CEO of CICC (Singapore) Pte Ltd, and the Head of Strategy Research Department. Ms Liu worked in the Investment Banking Department for years, boasting rich experience in restructuring, reforming, listing and financing for state-owned companies, and abundant client resources in energy and mining sector.
At CICC, Ms Liu led and participated in a number of restructuring, reforming and overseas listing projects in the energy, mining, and electricity sectors for state-owned industrial leaders, which includes China Shenhua Energy Company Limited, Huadian Power International Corporation Limited, Aluminum Corporation Of China Limited, PetroChina Company Limited and People's Insurance Company of China. Of her many years in CICC, she had raised more than US$70 billion worth of funds in total. Before joining CICC, Ms Liu had been working in National Development and Reform Commission, People's Republic of China for 11 years.
Ms Liu holds a Master's degree in Developing Economics from Khon Kaen University Thailand, and a Bachelor's degree in Planning Economics from Renmin University of China.
Abdel Hakim BenferhatSenior Advisor
Mr Benferhat is a Senior Advisor/Counselor on Corporate Strategy, Development, Solution & Implementation and a Director at corporate advisory firm, Synergex S.A of Switzerland.
Mr Benferhat's expertise is in strategy development for corporate and government bodies. He has also participated in high-level operational initiatives, including infrastructure design, process re-engineering, mergers and acquisitions and divestitures, and turnaround and change management.
Mr Benferhat has served as Lead Independent Counsel and provided legal advice to senior executives and boards of directors on complex business matters since 1996. He has also been a Special Advisor to Presidents and Boards of different Algerian and international groups and companies in the Middle East and Africa that specialise in procurement, construction, engineering, public works as well as distribution.
Mr Benferhat has a Master in Business Administration in Marketing from Algiers University and a Bachelor of Arts with major in Economics from the University of Southern Europe.
- Olivia Lum Executive Chairman &
- Teo Kiang Kok Lead Independent Director
- Lee Joo Hai Non-Executive Independent Director
- Gay Chee Cheong Non-Executive Independent Director
- Christopher Murugasu Non-Executive Independent Director
- Simon Tay Non-Executive Independent Director
- Lau Wing Tat Non-Executive Independent Director
- Gary Kee Executive Director, Corporate Finance