FRASERS Centrepoint Trust has hired new chairman of the board of directors, and also made some changes to its internal committees. The trust has named Cheong Choong Kong, a non-executive and independent director, as chairman of the board of directors with effect from March 1, 2018, eliminating the need for a separate position of lead independent director in doing so. Dr. Cheong substitutes Philip Eng Heng Nee, and he will also sit on the audit, nominating and remuneration committees. At the same time, non-executive and independent director Ho Chai Seng has been chosen chairman of the nominating and remuneration committee, after resigning of Soh Kim Soon, who also sat on the committee.