News
Change - Announcement Of Appointment Of Independent And Non-Executive Director
BackAug 04, 2020
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Aug 4, 2020 17:24 |
| Status | New |
| Announcement Sub Title | Independent and Non-Executive Director |
| Announcement Reference | SG200804OTHRUXR8 |
| Submitted By (Co./ Ind. Name) | Tan Lay Hong |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Independent andNon-Executive Director. |
| Additional Details | |
| Date Of Appointment | 03/08/2020 |
| Name Of Person | Kevin John Eric Adolphe |
| Age | 57 |
| Country Of Principal Residence | Canada |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Board, having considered the recommendation and assessment by the Nominating and Remuneration Committee of Mr Kevin John Eric Adolphe's professional qualifications and past working experience, is satisfied that Mr Kevin John Eric Adolphe has the requisite knowledge and experience to contribute effectively to the Company and is a suitable candidate to be appointed to the Board as an Independent and Non-Executive Director of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | No. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent and Non-Executive Director. |
| Professional qualifications | 1. Fellow of Chartered Professional Accountants of Ontario, Chartered Professional Accountants of Ontario 2. Fellow Chartered Accountant, Chartered Accountants, Canadian Institute of Chartered Accountants 3. Bachelor of Commerce, University of Toronto |
| Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries | Nil. |
| Conflict of interests (including any competing business) | Nil. |
| Working experience and occupation(s) during the past 10 years | 1. Neighbourhood Capital - Chief Investment Officer (2020 - Present) 2. NEXT Canada - Chief Operating Officer (2019 - 2020) 3. Manulife Financial Corporation - Executive Lead, CostFit (2018 - 2018) 4. Manulife Financial Corporation - President and Chief Executive Officer, Manulife Asset Management Private Markets (2014 - 2018) 5. Manulife Financial Corporation - President and Chief Executive Officer, Manulife Real Estate (2011 - 2018) 6. Manulife Financial Corporation - Executive Vice President and Chief Operating Officer / Chief Executive Officer, Investment Division (2006 - 2011) |
| Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6)) | Yes |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| # These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8). | |
| Past (for the last 5 years) | 1. Manulife US Real Estate Management Pte. Ltd. 2. NAL Resources Management Limited 3. 1293319 Ontario Inc. 4. 2015401 Ontario Inc. 5. 2015500 Ontario Inc. 6. 2024385 Ontario Inc. 7. Cantay Holdings Inc. 8. Manulife Private Funds (Canada) Inc. 9. Hancock Natural Resource Group, Inc. 10. Manulife Asset Management Private Markets (Canada) Corp. 11. Hancock Capital Investment Management, LLC 12. John Hancock Infrastructure GP, LLC 13. John Hancock Infrastructure GP2, LLC 14. S-REIT Manager US Corp. 15. Hancock S-REIT Parent Corp. 16. Hancock S-REIT LA Corp. 17. Hancock S-REIT LA TRS Corp. 18. Hancock S-REIT Irvine Corp. 19. Hancock S-REIT Irvine TRS Corp. 20. Hancock S-REIT ATL Corp. 21. Hancock S-REIT ATL TRS Corp. 22. Hancock S-REIT SECA Corp. 23. Hancock S-REIT SECA TRS Corp. 24. Hancock S-REIT JCITY Corp. 25. Hancock S-REIT JCITY TRS Corp. 26. MUSREIT HoldCo (Barbados) 1 SRL 27. MUSREIT Intermediary (Barbados) 1 SRL 28.MUSREIT HoldCo (Barbados) 2 SRL 29. MUSREIT Intermediary (Barbados) 2 SRL 30. MUSREIT HoldCo (Barbados) 3 SRL 31. MUSREIT Intermediary (Barbados) 3 SRL 32. Hancock S-REIT DC 1750 DC LLC 33. Hancock S-REIT ATL Phipps LLC 34. Hancock S-REIT TRS Corp. |
| Present | 1. Director of Mosaic Capital Corporation 2. Director of Rogers Bank 3. Director of Provincial Judges Pension Plan |
| (a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner? | No |
| (b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency? | No |
| (c) Whether there is any unsatisfied judgment against him? | No |
| (d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose? | No |
| (e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach? | No |
| (f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part? | No |
| (g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust? | No |
| (h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust? | No |
| (i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity? | No |
| (j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :- | |
| (i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or | No |
| (ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or | No |
| (iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or | No |
| (iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | No |
| (k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere? | No |
| Any prior experience as a director of an issuer listed on the Exchange? | Yes |
| If Yes, Please provide details of prior experience | Mr Kevin John Eric Adolphe was a Director of Manulife US Real Estate Management Pte. Ltd., the Manager of Manulife US REIT, which is listed on SGX. |
| Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable) | N/A. |