Keppel Corporation Appoints New Board Director

Keppel Corporation Limited (Keppel) is pleased to announce the appointment of Mr Tan Puay Chiang (陈培璋) as Independent Director on the Board with effect from June 20, 2012.

Mr Tan, 65, is a veteran in the oil, gas and petrochemicals sector. During his 38-year career with Mobil Oil and later ExxonMobil, he held executive management roles in Australia, Singapore and the United States. These included the positions of Vice-President, Mobil Research & Technology Corp, USA and Chairman & Managing Director of Mobil Oil Australia. Mr Tan retired as Chairman, ExxonMobil (China) Investment Co in 2008.

Dr Lee Boon Yang, Chairman, Keppel Corporation, said, "We welcome Puay Chiang to the Board. His extensive experience and network as well as in-depth understanding of strategic markets in the global energy sector will contribute significantly to the Group's continued growth."

Mr Tan is a non-executive Independent Director of Singapore Power and Neptune Orient Line. He is also an Advisory Board member of the Energy Studies Institute at the National University of Singapore. He was a member of several business and industry boards including the Australian Institute of Petroleum, Board of Trustees for the US National Policy Association, Business Council of Australia and The American Chamber of Commerce in Hong Kong.

He holds an MBA (Distinction) from the New York University and a Bachelor of Science (First Class Honours) from the then University of Singapore.

Keppel's Board now comprises a total of 11 directors, of whom seven are independent directors.