Singapore Airlines 2003 Annual Report Download - page 32

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Corporate Governance
The Company is committed to complying with the Code of Corporate Governance issued by the Corporate Governance
Committee in March 2001 so as to ensure greater transparency and protection of shareholders’ interests. The Board will
continue to uphold the highest standards of corporate governance within the Company and the SIA Group of companies.
1. BOARD OF DIRECTORS
1.1 The Board’s primary role is to protect and enhance long-term shareholder value. It sets the overall strategy for the SIA
Group and supervises executive management. To fulfil this role, the Board is responsible for the overall corporate
governance of the Company including setting its strategic direction, establishing goals for management and monitoring
the achievement of these goals.
1.2 To assist in the execution of its responsibilities, the Board has established six Board Committees, namely, the Board
Executive Committee, the Audit and Risk Committee, the Board Finance Committee, the Board Compensation and
Organization Committee, the Nominating Committee, and the Safety and Reliability Committee. These committees have
written mandates and operating procedures, which are reviewed periodically. The Board has also established a framework
for the management of the Group including a system of internal controls and a business risk management process.
1.3 The Board members for 2002-03 were:
SIA Annual Report 02/0330
Date of first Date of last
Position held appointment to re-election Nature of
Name of Director on the Board the Board as Director Appointment
Koh Boon Hwee Chairman 14 March 2001 14 July 2001 Non-executive/
Non-Independent
Cheong Choong Kong Deputy Chairman 1 August 1984 N.A. Executive/
(stepped down on 9 June 2003) Non-Independent
Charles B Goode Director 1 July 1999 13 July 2002 Non-executive/
Independent
Ho Kwon Ping Director 15 July 2000 14 July 2001 Non-executive/
Independent
Lim Chee Onn Director 1 June 1996 15 July 2000 Non-executive/
(stepped down on 13 July 2002) Non-Independent
Edmund Cheng Wai Wing Director 1 June 1996 14 July 2001 Non-executive/
Independent
Fock Siew Wah Director 15 July 2000 14 July 2001 Non-executive/
Non-Independent
Lim Boon Heng Director 12 July 1997 13 July 2002 Non-executive/
Non-Independent
Davinder Singh Director 15 July 2000 14 July 2001 Non-executive/
Independent
Chew Choon Seng Director 5 March 2003 N.A. Executive/
Non-Independent
Cheong Choong Kong Deputy Chairman 1 August 1984 N.A. Executive/
(stepped down on 9 June 2003) Non-Independent
Ho Kwon Ping Director 15 July 2000 14 July 2001 Non-executive/
Independent
Edmund Cheng Wai Wing Director 1 June 1996 14 July 2001 Non-executive/
Independent
Lim Boon Heng Director 12 July 1997 13 July 2002 Non-executive/
Non-Independent