Summit gets three independent directors | 2017-11-21 |

Summit gets three independent directors

Business Desk

21 November, 2017 12:00 AM printer

Summit gets three
independent directors

Summit Power International (SPI) has appointed three new Non-Executive Independent Directors to strengthen the strategic leadership and corporate governance of the company.


The three Independent Directors are Abdullah Tarmugi, Lim Hwee Hua, and Tang Kin Fei, said a press release.


Abdullah Tarmugi, Lim Hwee Hua and Tang Kin Fei will chair the Nominating Committee and the Remuneration Committee, the Audit Committee, and the Strategy and Investment Committee.


Abdullah Tarmugi is a member of the Presidential Council for Minority Rights, Previously, Abdullah was the Speaker of Parliament from various ministerial positions.


Lim Hwee Hua is a Director of Tembusu Partners Pte. Ltd, Lim served as an elected Member of Parliament between 1996 and 2011.


Tang Kin Fei is Director and Deputy Chairman of SIA Engineering Company. Previously, he was the Group President and Chief Executive Officer of Sembcorp Industries Ltd.


With the addition of these new Directors, the Board of SPI has eight Directors, three of whom are independent. Summit Power International is a member of the Summit Group, one of the largest infrastructure-focused conglomerates in Bangladesh, employing over 7,000 people across energy, ports, shipping, hospitality, and information technology.