Keppel Corporation Limited announced the appointment of Ms. Ang Wan Ching as an independent director to the Board with effect from 1 July 2023. Ms. Ang will be appointed a member of the Audit Committee and the Board Risk Committee. Ms. Ang Wan Ching, 56, has over 25 years of global experience in alternative private fund investments.

She is on the supervisory boards of Bavaria Industries Group AG, a Germany-based listed investment holding company, and HQ Capital, a French-German joint venture and private equity and alternatives fund manager with global operations. She is also a member of the investment committee of Montana Capital Partners AG, a Swiss-based subsidiary of PGIM, the global investment management arm of Prudential Financial. Ms. Ang was formerly Chief Executive Officer of Allianz Private Equity Partners, the private equity investment vehicle of Allianz Group.

She was also an External Investment Committee member for intermediated funds and co-investments at British International Investment plc, the development finance institution of the Government of the United Kingdom. Ms. Ang holds a Bachelor of Arts (First Class Honours) in Philosophy, Politics and Economics from the University of Oxford and a Masters of Business Administration (Dean's List) from INSEAD. With the appointment of Ms. Ang with effect from 1 July 2023, Keppel's Board will comprise a total of 12 directors, of whom nine are independent directors and three are female directors.