Board of Directors & Executive Team
BOARD OF DIRECTORS
Richard Eu
Non-Executive Chairman & Independent Director
Mr Richard Eu was appointed as Non-Executive Chairman and Independent Director of the company since 31 December 2021.
Mr Eu is the Chairman of Eu Yan Sang International Ltd (EYSIL). He leads the board in providing governance oversight, deliberating Group strategy, and providing counsel to the Group CEO. Richard joined the business in 1989 and served as the Group CEO from 2002 until 2017. He has been instrumental in transforming EYSIL into one of the largest Traditional Chinese Medicine (TCM) groups in Asia today.
Mr Eu was named the Ernst & Young Entrepreneur of the Year 2011 (Singapore) and represented Singapore at the Ernst & Young World Entrepreneur of The Year 2012 Award in Monte Carlo, Monaco.
Mr Eu is also currently the Chairman of Tuan Sing Holdings Limited. He also sits on the board of other private companies including Nippon Life India Asset Management Singapore Pte Ltd and Dragonfly Education Group. He is also active in the non-profit sector, serving as the Pro-Chancellor of the Singapore University of Social Sciences and as well as on the boards of the Thye Hua Kuan Moral Charities group, one of the largest charitable bodies in Singapore.
Mr Eu holds a LL.B (Hons) degree from the University of London.
Arthur Tay
Executive Director & Chief Executive Officer
Mr Arthur Tay is an Executive Director and CEO of the Company and is responsible for the overall management of the Group. He was first appointed as Non-Executive Director in January 2010 and was last re-elected in April 2021. He was made the CEO of the Company on 1 May 2010.
Mr Tay is also the Executive Chairman and CEO of the SUTL Group of Companies, a family-owned, professionally-managed lifestyle consumer goods and services enterprise, which has businesses globally. He is also an active philanthropist and grassroots leader.
He holds an MBA in Real Estate and Finance.
Peter Tay
Non-Executive Director
Mr Peter Tay was appointed as Non-Executive Director of the Company in January 2010 and was last re-elected in April 2019.
Mr Tay is also a shareholder and Executive Director of SUTL Group of Companies. He has been with SUTL Group of Companies for more than 20 years and is responsible for building projects, building management, logistics and warehouse management.
Mr Tay was the Project Director for the development of ONE°15 Marina Sentosa Cove. He graduated from Heriot-Watt University, Edinburgh, UK with a Bachelor of Engineering.
Chan Kum Tao
Non-Executive Director
Mr Chan Kum Tao was appointed a Non – Executive Director in January 2010 and was last re-elected in June 2020.
Mr Chan is also the Chief Financial Officer of SUTL Group of Companies. Prior to that, he held senior financial positions in Singapore companies as well as in multinational corporations in Singapore and overseas.
He is a Fellow of the Association of Chartered Certified Accountant (UK), and a Fellow of the Institute of Singapore Chartered Accountants.
Yeo Wee Kiong
Independent Director
Mr Yeo Wee Kiong was appointed an Independent Director on 7 August 2019 and was last re-elected in June 2020. Mr Yeo is a board member of several other listed companies namely AF Global Ltd , Asian Healthcare Specialists Ltd, Bonvests Holdings Ltd, Pacific Century Regional Development Ltd and Roxy-Pacific Holdings Ltd. He is also a director of Heliconia Management Pte Ltd, a whollyowned fund management subsidiary of Temasek Holdings (Private) Ltd. Mr Yeo is an ex-Director of a leading Singapore Law Firm and is currently a retiree. Prior to this, he was the founder and managing partner of a law firm.
Before his career progression into law, Mr Yeo was a former investment banker with a Singapore-based UK merchant bank and an ex-senior industry officer with a government statutory board.
Mr Yeo holds a Bachelor degree in Engineering (Mechanical) (First Class Honours) and a Master in Business Administration from the then University of Singapore and the National University of Singapore respectively. He also graduated with an Honours degree in law from the University College of London and is also a Barristerat- Law of Lincoln’s Inn for England and Wales.
EXECUTIVE TEAM
Cynthia Ng
Assistant General Manager, Group Marketing and Corporate Communications
Ms Cynthia Ng was appointed Assistant General Manager. She is responsible for the overall marketing and corporate communications for the Group.
Ms Ng joined the company as a Marina Marketing Director, overseeing marketing initiatives for overseas marina projects. Subsequently, her role expanded to encompass overall marketing for the Group.
With over 25 years of marketing expertise across the MICE, retail luxury and banking sectors, particularly in luxury marketing aimed at ultra-high net worth clients, including renowned brands like Suntec Singapore, La Mer, Christian Dior and UOB Reserve Card. Under her leadership, Ms Ng oversaw the Blue Water EduFest, a distinguished non-profit marine conservation event, that brought together experts, thought leaders, policymakers, and passionate advocates worldwide to foster collaboration, raise awareness, and drive positive change to combat climate change.
Jonathan Sit
Regional General Manager, Marina Division
Mr Jonathan Sit was appointed General Manager of ONE°15 Marina Sentosa Cove. He is responsible for strategic and operational activities in ONE°15 Marina Sentosa Cove. Under his leadership, he oversaw the completion of the marina upgrade and reconfiguration to cater for more superyachts. ONE°15 Marina Sentosa Cove also achieved the ‘Marina World’ International Marina of the Year award by the Marina Industries Association (MIA) in 2021.
Mr Sit joined the company as a Management Associate. He had successfully helmed various managerial positions across a number of revenue centres within the company for 8 years prior to his most recent appointment.
James Roy
Marina Director, ONE°15 Marina Sentosa Cove
Mr James Roy was appointed as the Marina Director of ONE°15 Marina Sentosa Cove, overseeing the marina operations comprising over 270 berths. He manages the constant flow of services and support for yacht owners, from the application of cruising permits to berthing and refuelling assistance.
With over 20 years of experience in the Marine industry, Mr Roy has a strong background in Marine engineering and operational management. Prior to this appointment, he managed marinas in Dubai and the United Kingdom and was based in the Middle East for 13 years. There, he built a strong reputation for developing new strategies and services within the marine industry while encouraging higher standards of customer service in the marinas under his leadership. He carries these experiences with him into his current role at ONE°15 Marina Sentosa Cove.
Tan Choon Kiat Jeffery
Group Financial Controller
Mr Jeffery Tan was appointed as Group Financial Controller. He is responsible for the overall financial management of the Group.
Mr Tan was with KPMG LLP for several years before joining SUTL Group as an Accountant. He had held various managerial positions in the group for 7 years prior to current appointment in 2014.
Mr Tan graduated from the National University of Singapore and University of Melbourne (U21 Global) with a Bachelor in Business Administration and Master in Business Administration respectively. He is also a member of Institute of Singapore Chartered Accountants.