Sembcorp has announced that Ang Kong Hua will retire as its chairman and director on April 20. Tow Heng Tan, the current Deputy Chairman of Sembcorp, will succeed him as non-executive and non-independent chairman.

Tham Kui Seng, who has served as a non-executive and independent director on Sembcorp’s board for 11 years, will also be stepping down at the AGM.

The board and management of Sembcorp would like to record their gratitude and appreciation to Ang and Tham for their contributions over the years.

As Chairman of Sembcorp since 2010, Ang steered the firm's transformation. From the internationalisation of Sembcorp’s operations to the demerger of Sembcorp’s stake in Sembcorp Marine, his leadership and guidance have accelerated Sembcorp’s delivery of value and growth.

Ang said, “It has been a rewarding and fulfilling journey serving as Chairman of Sembcorp. I am grateful and privileged to have contributed to and witnessed the transformation of Sembcorp, and to have worked with so many committed and talented members of Sembcorp’s board and management over the years." 

"I am confident that Sembcorp under Heng Tan’s leadership, with his extensive business and management experience and passion for sustainability, will continue to deliver performance and growth as it executes its brown to green transformation strategy.”

First appointed to the board on June 1, 2021, Tow was appointed as Deputy Chairman on April 21, 2022.

“Kong Hua has been instrumental in Sembcorp’s transformation into the regional renewable energy and integrated urban solutions leader it is today”, said Tow.