Accounting and Corporate Regulatory Authority (ACRA) - Changes to Board Members and Re-appointment of Board Chairman

1. The Minister for Finance has re-appointed the Chairman and eight members of the ACRA Board, as well as appointed two new members to the Board. The appointments will take effect from 1 April 2016.

2. The re-appointed chairman and eight board members whose terms will take effect from 1 April 2016 are:

• Ms Lim Soo Hoon
  Chairman, Accounting and Corporate Regulatory Authority Board

• Mr Sajjad Akhtar
  Chairman
  PKF International

• Mr Adrian Chan
  Head of Corporate Development & Senior Partner
  Lee & Lee Advocates & Solicitors

• Ms Chandra Mallika
  Group Chief Operating Officer, Asia Pacific
  Deutsche Bank AG, Singapore Branch

• Prof Ho Yew Kee
  Vice-Dean of Finance & Administration
  NUS School of Business

• Mr Max Loh Khum Wai
  Managing Partner, ASEAN and Singapore
  Ernst & Young

• Mr Alan Rupert Nisbet
  Company Director

• Mr Yap Chee Keong
  Chairman of NetLink Trust

• Ms Melissa Khoo Ming
  Director (Strategic Planning and Futures), Strategy Group
  Prime Minister’s Office

3.The two new board members are:

• Muthukrishnan Ramaswami
  President of Singapore Exchange Limited

• Mr Tham Sai Choy
  Managing Partner of KPMG Singapore and Chairman of KPMG Asia Pacific

4.A brief write-up of the new members is attached at Annex A.

5.The Ministry of Finance and the Accounting and Corporate Regulatory Authority Board welcome the new board members and would like to express our appreciation to the retiring members, Mr Yeoh Oon Jin and Ms Cindy Goh, for their invaluable contributions to the Board. 

6.The ACRA Board comprises sixteen members, including Chairman, Ms Lim Soo Hoon. The list of members of the ACRA Board with effect from 1 April 2016 is attached at Annex B.