Executive moves: Raffles Infrastructure taps deputy CEO; Ho Bee Land director retires

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Singapore companies announcing executive changes: Raffles Infrastructure and Ho Bee Land.

Raffles Infrastructure

Raffles Infrastructure has tapped Ryan Chiu Tzong Min, age 44, as deputy CEO, effective Monday, the company said in a filing to SGX Monday.

Chiu has been the managing director of J&N Holdings (Thailand) from 2017 to the present, and was the general manager of Asian Commodity (Singapore) from 2012 to 2017, Raffles Infrastructure said.

In addition, the company said it appointed Yuanita Tjia, age 40, as non-executive non-independent director, effective Monday. From May 2013 to the present, she has been the managing director of Cap 1 Financial, and from May 2016 to the present she has been the founder of Belt and Road Investment Management Advisory, the filing said.

She holds 5 million shares of Raffles Infrastructure, the filing said.

The company also appointed Chay Yiowmin, age 47, as an independent director, effective Monday, a filing said. From March 2019 to the present, he has been the founder and CEO of Chay Corporate Advisory.

Ho Bee Land

Ho Bee Land said Monday Jeffery Chan Cheow Tong, age 73, would retire as independent director, in line with the company’s plan to renew the board.

Chan, who holds 370,000 shares of Ho Bee Land, was appointed to the board in 2002, the company said in a filing to SGX.

Bobby Chin Yoke Choong will be re-designated as non-independent non-executive director, effective 31 December, and Lim Swee Say will be appointed to lead independent director in his place, the filing said.


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