Monday, January 17, 2011

Singbridge names CEO for joint project

SINGBRIDGE International, a subsidiary of Temasek Holdings, has appointed a chief executive officer-designate for its joint venture company in Guangzhou.

Mr Tay Hun Kiat, 50, will lead the Sino-Singapore Guangzhou Knowledge City project, which Singbridge is jointly developing with the Guangzhou Development District.

An Oxford University graduate, Mr Tay comes to the role after more than 13 years in senior management positions at Temasek-linked companies, including CapitaLand, Keppel Land and ST Engineering.

He also worked for the Singapore Government for 12 years, said a press statement by Singbridge yesterday. His experience spans several industries, from township development and real estate to investment marketing and engineering.

Mr Tay was also previously appointed to the boards of more than 10 overseas private and listed companies, including joint venture companies in Guangzhou. He is married with two children.

Singbridge chief executive Ko Kheng Hwa said Mr Tay's 'rich experience in the public and private sectors will equip him well for the leadership role in the Knowledge City project', which Mr Ko described as a 'complex large-scale project integrating many critical elements'.

The 50:50 joint venture company is in the process of being approved by the Chinese authorities. Joint teams comprising staff from Singbridge and the Guangzhou Development District are working towards getting construction works in the start-up area to begin this quarter, Singbridge said.

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