CORPORATE GOVERNANCE SUTD is committed to a high standard of corporate governance and has put in place the appropriate governance structures which are critical to the effective performance and operation of the University. Governance Evaluation Checklist The University’s governance evaluation checklist can be viewed at the charity portal website www.charities.gov.sg. Board of Trustees The SUTD Board of Trustees comprises 14 trustees (as at 31 March 2024) appointed by the Minister of Education. The Board of Trustees is responsible for ensuring that the University acts in accordance with its objects and to ensure that the funds and assets of the University are properly accounted for and safeguarded. The objects of the University are to: a. Establish, operate, maintain and promote the University as a going concern; b. Promote and undertake the advancement of education by providing educational facilities and course of study or instruction; and c. Advance and disseminate knowledge and to promote and engage in research and scholarship. The trustees are not paid any remuneration for services rendered by them as trustees of the University. The Board of Trustees held four (4) meetings during the financial year. Name Designation Date of Appointment Board Meeting Attendance (Percentage) Mr Lee Tzu Yang Chairman Public Service Commission Chairman 1 April 2016 100% *Dr Fidah Alsagoff Joint Head, Enterprise Development Group (Singapore) & Head, Life Sciences Temasek International Pte Ltd Member 11 August 2012 0% Mr Ramlee Bin Buang Chairman 1FSS Pte Ltd Member 11 August 2019 75% Mr Robert Chew Director iGlobe Platinum Fund II and iGlobe Advisors Member 11 August 2018 75% Ms Deborah Lee Siew Yin Director CapitaLand Ascott Trust Member 1 April 2022 100% Mr Lim Kang Song Chairman Proxtera Pte Ltd Member 11 August 2018 50% Ms Lim Wan Yong Permanent Secretary (Education Development) Ministry of Education Member 4 October 2021 100% Ms May Loh Bee Bee Director Lucidity Advisors Pte Ltd Member 11 August 2020 100% *Ms Low Sin Leng Chairman of the Board Nanyang Academy of Fine Arts Member 1 June 2011 50% Mr Amit Midha Chief Executive Officer Alat Member 1 March 2022 0% Mr Quek Gim Pew Senior Research & Development Consultant Ministry of Defence Member 11 August 2018 50% Ms Tan Ing Hwee Vice President, Global Government Relations and Public Policy P&G Asia Pacific, Middle East & Africa Member 11 August 2020 100% Ms Tan Min Lan Group Managing Director, Head Chief Investment Office APAC UBS Global Wealth Management Member 11 August 2018 50% Mr Tan Peng Yam Chief Defence Scientist Ministry of Defence Member 11 August 2021 75% *As at 31 March 2024, there are two trustees who have served on the Board for more than 10 consecutive years. One of the trustees will step down from the Board when the term ends on 10 August 2024. SUTD has taken steps for the renewal of the Board members. However, it is necessary to extend the term of the other trustee beyond 10 years for continuity in view of his leadership over the implementation of SUTD’s investment strategy. p. 52 SINGAPORE UNIVERSITY OF TECHNOLOGY AND DESIGN
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