The Board of Directors is entrusted with the responsibility for the overall management of the Trustee-Manager, and consists of nine members:
Mr. FOK Kin Ning, Canning, aged 65, has been Chairman and a Non-executive Director of the Trustee-Manager since February 2011. He has been a non-executive director of CK Hutchison Holdings Limited ("CKHH") since 9 January 2015 and was re-designated as an executive director and group co-managing director of CKHH on 3 June 2015. Mr. Fok has been a director of Cheung Kong (Holdings) Limited ("Cheung Kong") since 1985 and became a non-executive director in 1993. The listing status of Cheung Kong on The Stock Exchange of Hong Kong Limited was replaced by CKHH on 18 March 2015 and he was re-designated as director of Cheung Kong on 3 June 2015. Mr. Fok has been an executive director of Hutchison Whampoa Limited ("HWL") since 1984, group managing director since 1993 and was re-designated as director on 8 June 2015 when HWL was privatised by way of a scheme of arrangement on 3 June 2015. He is also the chairman of Hutchison Telecommunications Hong Kong Holdings Limited, Hutchison Telecommunications (Australia) Limited, Power Assets Holdings Limited, HK Electric Investments Manager Limited as the trustee-manager of HK Electric Investments, and HK Electric Investments Limited , co-chairman of Husky Energy Inc., and deputy chairman of Cheung Kong Infrastructure Holdings Limited ("CKI"). The aforementioned companies are either subsidiaries or associated companies of CKHH Group in which Mr. Fok acts as chairman, co-chairman, deputy chairman or director for the purpose of overseeing the management of such businesses. Mr. Fok was previously the Chairman of Hutchison Harbour Ring Limited (now known as China Oceanwide Holdings Limited) (resigned on 19 December 2014). He holds a Bachelor of Arts degree and a Diploma in Financial Management, and is a Fellow of Chartered Accountants Australia and New Zealand.
Mr. IP Sing Chi, aged 63, has been an Executive Director of the Trustee-Manager since February 2011. He is group managing director of Hutchison Port Holdings Limited since 2014 and chairman of Yantian International Container Terminals Limited. He is also an external director of Hyundai Merchant Marine Co., Ltd., a non-independent non-executive director of Westports Holdings Berhad and an independent non-executive director of COSCO SHIPPING Energy Transportation Co., Ltd. (formerly known as "China Shipping Development Company Limited"). In addition, he was a member of the Hong Kong Port Development Council until the end of December 2014 and was the founding chairman (in 2000-2001) of the Hong Kong Container Terminal Operators Association Limited. He has over 35 years of experience in the maritime industry and was previously an independent non-executive director of COSCO SHIPPING Ports Limited (formerly known as "COSCO Pacific Limited"). He holds a Bachelor of Arts degree.
Ms. Edith SHIH, aged 64, has been a Non-Executive Director of Hutchison Port Holdings Management Pte. Limited since 1 January 2017. Ms. Shih is currently the Deputy Company Secretary of Hutchison Port Holdings Management Pte. Limited. She is also an Executive Director, the Head Group General Counsel and Company Secretary of CK Hutchison Holdings Limited ("CKHH", whose shares are listed on the main Board of The Stock Exchange of Hong Kong Limited). She is a Non-executive Director of Hutchison Telecommunications Hong Kong Holdings Limited and Hutchison China MediTech Limited as well as director and company secretary of various companies in the CKHH Group. Ms. Shih has been with the CKHH Group since 1989, overseeing legal, corporate finance, regulatory, compliance and corporate governance affairs of the CKHH Group, with in-depth knowledge of the business operations of the CKHH Group. From 1989 to 1991, Ms. Shih was Executive Director of CEF Capital Limited, the then investment bank of the CKHH Group, a 50/50 joint venture between Cheung Kong (Holdings) Limited and the Canadian Imperial Bank of Commerce. She joined Hutchison Whampoa Limited ("HWL") in 1991, responsible for business development and strategic planning. In 1993, she became the Head Group General Counsel of HWL and in 1997, she took on, in addition, the post of Company Secretary of HWL.
Ms. Shih is at present the Vice President and Executive Committee member of the Institute of Chartered Secretaries and Administrators in the United Kingdom and a past President and current council member and chairperson of various committees and panel of the Hong Kong Institute of Chartered Secretaries. She is also the Chairman of the Remuneration Committee and member of Governance Committee of the Hong Kong Institute of Certified Public Accountants, and was a member of the Listing Committee and Corporate Governance Sub-Committee of The Stock Exchange of Hong Kong Limited, the Standing Committee on Companies Law Reform of Hong Kong as well as a government appointed member of Hong Kong Institute of Certified Public Accountants Council. Ms. Shih is a qualified solicitor in England and Wales, Hong Kong and Victoria, Australia and a Fellow of both the Institute of Chartered Secretaries and Administrators in the United Kingdom and The Hong Kong Institute of Chartered Secretaries. She holds a Bachelor of Science degree in Education and a Master of Arts degree from the University of the Philippines and a Master of Arts degree and a Master of Education degree from Columbia University, New York.
Ms. Ruth Sin Ling TSIM, aged 59, is the Group Chief Financial Officer of Hutchison Port Holdings Limited ("HPH") since 2014. She is also a non-independent non-executive director of Westport Holdings Berhad. She has extensive experience in the accounting and finance profession, and specialises in internal auditing and controls, as well as financial analysis and reporting. Prior to joining the HPH Group in 2001, Ms. Tsim has over 20 years of experience in professional practice in public accounting firm and several different industries in the commercial sector with roles in financial controllership.
Ms. Tsim is a qualified accountant and holds a Master of Business Administration degree from the Chinese University of Hong Kong. She is an Associate Member of The Institute of Chartered Accountants in England and Wales, a Fellow Member of the Chartered Association of Certified Accountants and the Hong Kong Institute of Certified Public Accountants, and a Member of the Chartered Professional Accountants British Columbia of Canada.
Mr. CHAN Tze Leung, Robert, aged 70, has been an Independent Non-executive Director of the Trustee-Manager since February 2011. He is also a member of the Audit Committee of the Trustee-Manager. Mr. Chan is an independent non-executive director of Noble Group Limited, Quam Limited and is a non-executive director of Sibanye Gold Limited. He is also chairman (non-executive) of The Hour Glass (HK) Limited. Mr. Chan is an experienced banker with over 39 years of experience in both commercial and investment banking. He retired as chief executive officer of United Overseas Bank, Hong Kong on 31 December 2011. He is a senior adviser to Long March Capital Limited, a fund management company based in Beijing and Shanghai in partnership with leading Chinese institutions including the CITIC Group and a Fellow of the Hong Kong Institute of Directors. He holds a Bachelor of Science (Econ) Hons. and a Master's degree in Business Administration.
Mr. Graeme Allan JACK, aged 66, has been an Independent Non-executive Director of the Trustee-Manager since February 2011. He is also Chairman of the Audit Committee of the Trustee-Manager. He has extensive experience in finance and audit. He is an independent non-executive director of The Greenbrier Companies Inc. and COSCO SHIPPING Development Co., Ltd (formerly known as "China Shipping Container Lines Company Limited"), and serves as an independent trustee of retirement plans established for employees of the CKHH Group. He retired as a partner of PricewaterhouseCoopers in 2006. He holds a Bachelor of Commerce degree and is a Fellow of the Hong Kong Institute of Certified Public Accountants and an Associate of Chartered Accountants Australia and New Zealand.
Mrs. SNG Sow-Mei (alias POON Sow Mei), aged 75, has been an Independent Non-executive Director of the Trustee- Manager since February 2011. She is also a member of the Audit Committee and Lead Independent Director of the Trustee-Manager. Mrs. Sng is an independent non-executive director and a member of the audit committee of CKI and ARA Asset Management (Prosperity) Limited. She was conferred the title of PPA(P)- Pingat Pentadbiran Awam (Perak), the Singapore Public Administration Medal (Silver) by the Republic of Singapore in 1996. She holds a Bachelor of Arts degree.
Mr. Kevin Anthony WESTLEY, aged 67, has been an Independent Non-executive Director of the Trustee-Manager since February 2011. He is a non-executive director of The Zuellig Group Incorporated Limited and The Hongkong and Shanghai Banking Corporation Limited. He is also a member of the investment committee of the West Kowloon Redevelopment Authority. He retired from the HSBC Group in 2000 as chairman and chief executive of HSBC Investment Bank (Asia) Limited, and served as an adviser to HSBC Holdings plc until April 2016. He holds a Bachelor of Arts (Hons) degree and is a Fellow of the Institute of Chartered Accountants of England and Wales.
Mr. WONG Kwai Lam, aged 67, has been an Independent Non-executive Director of the Trustee-Manager since December 2015. He is an independent non-executive director of ARA Asset Management (Prosperity) Limited ("ARA"), China Merchants Bank Co., Ltd. ("CMB"), K. Wah International Holdings Limited ("KWIH"), Langham Hospitality Investments Limited ("LHIL"), LHIL Manager Ltd ("LHILM"), a member of the audit committee and the designated (finance) committee of ARA, the chairman of the remuneration and appraisal committee and a member of the audit committee of CMB, a member of the remuneration committee and the nomination committee of both KWIH and LHIL, the chairman of the audit committee of both LHIL and LHILM. Mr. Wong is also the chairman of IncitAdv Consultants Ltd., a director of Opera Hong Kong Limited, a vice chairman of the board of trustees and a member of the investment sub-committee of the board of trustees of New Asia College of the Chinese University of Hong Kong ("CUHK"), the investment sub-committee of the CUHK and the Hospital Governing Committee of the Prince of Wales Hospital and a director of CUHK Medical Centre Ltd. He was formerly a member of the advisory committee of the Securities and Futures Commission in Hong Kong. Mr. Wong has over 33 years of experience in the commercial and investment banking industry. He retired as managing director of Asia investment banking division of Merrill Lynch (Asia Pacific) Ltd. in 2009 and thereafter served as their senior client adviser until 2010. He holds a BA degree from CUHK and a Ph. D degree from Leicester University, England. He was conferred with an honourary fellowship by the CUHK.
1 January 2017