KrisEnergy Ltd., an independent upstream oil and gas company, is pleased to announce that Chan Hon Chew, who is the CFO at Keppel Corporation has joined its Board of Directors as a Non-Executive Director. He replaces Loh Chin Hua, who has stepped down from the Board with effect from 17 March 2016. Chan takes over from Mr Loh on the Remuneration Committee and is also a member of the Investment Review Committee.
Will Honeybourne, Non-Executive Chairman of KrisEnergy, commented: “On behalf of my fellow Directors, I would like to welcome Hon Chew, with his wealth of experience, to the Board of KrisEnergy as we work with management to navigate a path through what is the worst downturn in decades for the oil and gas sector.
“I would also like on behalf of the Board to extend our gratitude and appreciation to Chin Hua, who joined us in July 2012, for his valuable counsel and dedicated service in the past few years.”
Chan, 51, said: “KrisEnergy has grown its portfolio since it was established in 2009. I look forward to working closely with KrisEnergy’s Board and management to take the company through these current challenging market conditions.”
Chan joined Keppel as CFO in February 2014. Prior to Keppel, he was with Singapore Airlines Limited and served as Senior Vice President of Finance since June 2006. As SVP Finance, Mr Chan was responsible for a diverse range of functions including investor relations, corporate accounting and reporting, treasury, risk management and insurance. He was also involved in SIA’s strategic planning process and had represented SIA as Director on the Boards of various companies including Tiger Airways and Virgin Atlantic Airways Limited.