Singapore Press Holdings Limited announced it will be appointing Mr. Ng Yat Chung as Executive Director with effect from 1 July 2017. Mr. Ng is currently an independent director of SPH and chairs the Board Risk Committee and is a member of the Executive Committee and the Remuneration Committee. After serving 15 years in Singapore Press Holdings Limited, Chief Executive Officer of SPH, Mr. Alan Chan Heng Loon, 64, will be retiring with effect from 1 September 2017.

He will also step down as a Director of SPH. The Board has decided to appoint Mr. Ng to replace Mr. Chan as Chief Executive Officer on the same day. Mr. Patrick Daniel, 63, will also retire and step down as Deputy Chief Executive Officer from 1 September 2017.

He will continue as a part-time Consultant and assist Mr. Ng in managing some SPH subsidiaries and projects. Mr. Anthony Tan, 44, will remain as Deputy Chief Executive Officer in SPH, taking charge of both the English, Malay and Tamil Media Group and the Chinese Media Group, amongst other responsibilities. Mr. Andrew Lim, an independent director of SPH will replace Mr. Ng as the Chairman of the Board Risk Committee with effect from 1 July 2017.

Mr. Ng, 55, was Special Advisor of Neptune Orient Lines Ltd. (NOL) from 9 June 2016 to 26 May 2017. Prior to that, he was NOL's Group President & CEO from 1 October 2011 and its Executive Director & CEO Designate from 1 May 2011 to 30 September 2011.