The board of FSL Trust Management Pte Ltd. announced the appointment of Philip Tan Eng Lay as Chief Financial Officer of First Ship Lease Trust effective 1 July 2014. Philip most recently served as Regional Head of Finance since 2011 at AET Tankers Pte Ltd. Previously, he held various executive positions including Finance Director for Asia region at World Fuel Services. Prior to this, he served as Managing Director and Regional Financial Controller in Asia at Celanese Pte Ltd. and as Director of Finance & Administration for Asia region for Kemet Electronics Asia Pacific (S) Pte Ltd. Philip is a qualified Chartered Accountant in England & Wales and he also holds an MBA from Manchester Business School.