Board of Directors

Board of Directors of the Manager
The Board of Directors of the Manager is committed to ensuring that the highest standards of corporate governance are practiced throughout the Manager and the Trust, as a fundamental part of its responsibility to protect and enhance Unitholders' value and the financial performance of the Trust.

The Manager has general powers of management of the assets of the Trust. The Manager's main responsibility is to manage the Trust's assets and liabilities for the benefit of Unitholders and it will ensure that the business of the Trust is carried on and conducted in a proper and efficient manner, and will conduct all transactions with or for the Trust at arm's length.

The Board is responsible for the overall corporate governance of the Manager including establishing goals for the management of the Trust and monitoring of the achievement of these goals. The Board is also responsible for the strategic business direction and risk management of the Trust.

George Wang Chairman, Non-Executive Non-Independent Director and Member of the Nominating and Remuneration Committee

View Profile

Date of first appointment: 7 August 2009

Length of service as Director (as at 31 March 2023): 13.7 years

Description:

Mr George Wang is the founding Executive Chairman of AIMS Financial Group. Established in 1991, AIMS Financial Group is a diversified financial services and investment group, active in the areas of mortgage lending, securitisation, investment banking, funds management, property investment, venture capital and high-tech investment. AIMS Financial Group also owns the Sydney Stock Exchange (“SSX”).

Mr Wang is a patron of the Taronga Foundation which is affiliated with the Taronga Zoo based in Sydney, Australia which operates wildlife conservation programs.

Academic & Professional Qualifications:

Bachelor of Environmental Engineering, Donghua University, China
Introduction to Securitisation, Securities Institute of Australia
Advanced Securitisation, Securities Institute of Australia
Tier 1 RG146 Generic Knowledge, Kaplan Professional
Tier 1 RG146 Derivatives – General Advice, Kaplan Professional
Tier 1 RG146 Securities – General Advice, Kaplan Professional
MFAA (Mortgage & Finance Industry Association of Australia) - Full Member

Present Directorships/Major Appointments in Listed Companies/REITs/Trusts/Others:

AIMS Property Securities Fund (ASX: APW; SGX-ST: BVP)
Founding Executive Chairman of AIMS Financial Group
Executive Director of Sydney Stock Exchange
Director of AIMS Home Loans
Director of AIMS Securitisation Pty Ltd
Director of APP Securities Pty Ltd
Director of AIMS Fund Management Limited
Director of AIMS Real Estate Funds Limited
Director of AIMS Investment Managers Limited
Director of AIMS Capital Pty Ltd
Director of SSX Private Markets Pty Ltd
Director of AIMS APAC Property Management Pte. Ltd.

Present Directorships in Listed Companies held over the preceding 3 years:

AIMS Property Securities Fund (ASX: APW; SGX-ST: BVP) (from August 2009 to current)

Past Major Appointments (other than Directorships):

Chairman of MacarthurCook Limited (was listed on ASX and privatised by AIMS Group)

Chia Nam ToonNon-Executive Lead Independent Director, Member of the Audit, Risk and Compliance Committee and Member of the Nominating and Remuneration Committee

View Profile

Date of first appointment: 8 February 2023

Non-Executive Independent Director on 8 February 2023
Non-Executive Lead Independent Director on 25 April 2023

Length of service as Director (as at 31 March 2023): less than 1 year

Description:

Mr Chia Nam Toon has more than 30 years of commercial and financial experience with approximately 15 years in senior management roles within the real estate industry. He was the Chief Executive Officer of the Manager of Ascendas REIT, one of the largest Singapore listed REITs, and held several senior roles within the Group, including Group Chief Financial Officer and Group Assistant Chief Executive Officer. He last served as the Assistant Group Chief Executive Officer of ARA Asset Management Ltd where he was responsible for the business and operations of ARA’s REIT Division.

Academic & Professional Qualifications:

Fellow Member of the Association of Chartered Certified Accountants
Member with the Institute of Singapore Chartered Accountants

Member with the Institute of Singapore Chartered Accountants:

Member of the exchange advisory committee & appeals committee of SDAX (digital investment exchange)

Present Directorships in Listed Companies held over the preceding 3 years:

Non-Executive Director of ARA LOGOS Logistics Trust Management Limited, REIT Manager for ARA LOGOS Logistics Trust

Past Major Appointments (other than Directorships):

Assistant Group Chief Executive Officer of ARA Asset Management Ltd
Chief Executive Officer of Ascendas REIT
Chief Financial Officer of Ascendas-Singbridge

Chong Teck SinNon-Executive Independent Director and Chairperson of the Audit, Risk and Compliance Committee

View Profile

Date of first appointment:

Non-Executive Independent Director on 1 October 2018
Chairperson of the Audit, Risk and Compliance Committee on 29 March 2019

Length of service as Director (as at 31 March 2023): 4.5 years

Description:

Mr Chong Teck Sin has extensive years of experience in technology, business, finance and general management. From 1986 to 2004, Mr Chong served in various directorial and management positions with Seksun Corporation Ltd (subsequently known as Enporis Greenz Limited), Glaxo Wellcome Asia Pacific, China-Singapore Suzhou Industrial Park Development Co., Ltd, Standard Chartered Bank and the Economic Development Board. He was a board member of the Accounting and Corporate Regulatory Authority (“ACRA”) from 2004 to 2010 and ACRA’s Investment Committee Chairman from 2008 to 2010. Mr Chong was also a board member of The National Kidney Foundation from 2008 to 2010.

Mr Chong has over 24 years of experience as an independent director of various companies listed on the Singapore, Hong Kong and Australia stock exchanges. He is currently an Independent Director and Audit Committee Chairman of Civmec Limited and InnoTek Limited. He is also an Independent Director of Changan Minsheng APLL Logistics Co., Ltd, a leading automobile logistics firm in China which is listed on the mainboard of the Hong Kong Stock Exchange. He was an Independent Director and Audit Committee Chairman of Accordia Golf Trust Management Pte. Ltd. from 2014 to 2021, AVIC International Maritime Holdings Limited from 2011 to 2017.

Academic & Professional Qualifications:

Bachelor of Engineering from the University of Tokyo, Japan, on a PSC/Monbusho Scholarship
Master of Business Administration from the National University of Singapore

Present Directorships/Major Appointments in Listed Companies/REITs/Trusts/Others:

Independent Director and Audit Committee Chairman of Civmec Limited and InnoTek Limited
Independent Director of Changan Minsheng APLL Logistics Co., Ltd

Present Directorships in Listed Companies held over the preceding 3 years:

Past Major Appointments (other than Directorships):

Vivienne Zhaohui YuNon-Executive Independent Director, Chairperson of the Nominating and Remuneration Committee and Member of the Audit, Risk and Compliance Committee

View Profile

Date of first appointment: 1 February 2023

Non-Executive Independent Director on 1 February 2023
Chairperson of Nominating and Remuneration Committee on 25 April 2023

Length of service as Director (as at 31 March 2023): less than 1 year

Description:

Ms Vivienne Zhaohui Yu has more than 20 years of leadership and senior management experience within the banking and financial sector in Australia and Asia, spanning across investment management, treasury management, mergers and acquisition and real estate finance.

Ms Yu was the China Chief Executive Officer and Executive General Manager of Commonwealth Bank of Australia (“CBA”). Prior to that, Ms Yu held various senior positions at CBA including Chief Executive Retail and Business Banking, International Financial Services. Ms Yu is currently a Non-Executive Director in various organisations in Australia, including National Foundation for Australian Women and Bridge Housing Limited. She is also the Vice President of Australia China Business Council New South Wales.

Ms Yu holds a Master of Business Administration from Australian Graduate School of Management and a Master of Real Estate from University of New South Wales. She is a fellow member of CPA Australia and a Graduate Member of the Australian Institute of Company Directors.

Academic & Professional Qualifications:

Master of Business Administration from Australian Graduate School of Management
Master of Real Estate from University of New South Wales
Fellow member of CPA Australia
Graduate Member of the Australian Institute of Company Directors

Present Directorships/Major Appointments in Listed Companies/REITs/Trusts/Others:

Bridge Housing Limited
National Foundation for Australian Women
Vice President of Australia China Business Council New South Wales

Present Directorships in Listed Companies held over the preceding 3 years:

Past Major Appointments (other than Directorships):

Peter Michael HengNon-Executive Independent Director, Member of the Audit, Risk and Compliance Committee and Member of the Nominating and Remuneration Committee

View Profile

Date of first appointment: 31 March 2017

Length of service as Director (as at 31 March 2023): 6 years

Description:

Mr Peter Michael Heng has over 30 years of investment management experience. Before this appointment, Mr Heng held the position of Senior Vice President and Chief Investment Officer at NTUC Income Co-operative from 2009 until his retirement in 2015. Prior to that, Mr Heng served as the Chief Investment Officer of Manulife Asset Management (Singapore) Pte. Ltd. and Straits Lion Asset Management Ltd.

Academic & Professional Qualifications:

Bachelor of Science (Economics) degree from the London School of Economics and Political Science

Present Directorships/Major Appointments in Listed Companies/REITs/Trusts/Others:

Present Directorships in Listed Companies held over the preceding 3 years:

Past Major Appointments (other than Directorships):