17 May 2018
At the Singapore Institute of Management’s (SIM) 53rd Annual General Meeting (AGM) held on 16 May, Ms Euleen Goh was elected as a new member to the SIM Governing Council and appointed its new chairperson. Ms Goh took over the reins from Mr Tan Soo Jin who stepped down after serving the constitutional maximum of four consecutive years as Chairman from 2014 to 2018. Ms Goh’s appointment made history for the leading private educational institution as it marked the first time in its 54 years history that SIM has a female helm its board.
Ms Euleen Goh brings with her a wealth of experience from a wide range of businesses and organisations, including the education sector. Ms Goh is the Non-Executive Chairman of SATS Ltd and a non-executive board member of Royal Dutch Shell plc, CapitaLand Limited, DBS Group Holdings Ltd, DBS Bank Ltd, Singapore Health Services Pte Ltd, and a Trustee of Temasek Trust. She also chairs the Board of Directors of DBS Foundation Ltd. She is the Rector of Cinnamon College, National University of Singapore and was a member of the Advisory Council of the University’s Business School. Ms Goh also chairs the Board of Governors of NorthLight School. A Chartered Accountant from the Institute of Chartered Accountants in England and Wales, she holds further professional qualifications in banking and taxation.
Commenting on Ms Goh’s appointment, outgoing Chairman Mr Tan Soo Jin said that Ms Goh’s coming on board is timely as her expertise, experience and network are needed at a time when the education and training industries are undergoing major disruptions brought about by new technologies and rapidly changing needs of millennial learners.
On her appointment, Ms Goh said, “I am honoured to be entrusted with the role and very pleased to have a part to play in the field of education. I believe that today’s education journey includes continuous and applied learnings which are crucial to equipping our people for the new and rapidly evolving economy of the future. SIM with its strong track record has an important role to enable everyone to maximise his or her potential throughout the career. As a private institution, we can work alongside various stakeholders in providing more alternative and creative pathways to excellence.
I look forward to working with my council members and SIM management to chart new developments to expand SIM’s role and help it find new areas of relevance in this fast changing landscape.”
Ms Goh also thanked Mr Tan for having built a very strong foundation for SIM over the past four years. Under his stewardship, SIM’s student population grew to a historic high of 36,000 in 2014. To support this fast growing population, SIM had also invested over $300 million to double its campus size, consolidating its position as the leading private educational institution in Singapore.
During his tenure, Mr Tan led the support for the government’s decision to restructure SIM University, subsequently renamed Singapore University of Social Sciences in 2017, into Singapore’s sixth autonomous university under the Ministry of Education.
SIM also extended its programme offerings locally and regionally. Two international schools were established to offer junior level education – the SIM International Academy located at the SIM campus in Singapore, and the Singapore (Cambodia) International Academy in Cambodia which is targeted to be launched later this year.
SIM also set up an SIM Applied Entrepreneurship Centre to support Singapore’s drive to become an innovative economy with the launch of Platform E, to provide comprehensive entrepreneurship training.
At last night’s AGM, four Members were re-elected to the Council. They are: Mr Patrick Fang, Managing Director, PFang & Associates; Ms Junie Foo, Fellow, Singapore Institute of Directors; Mr Winston Tan, Managing Director, Corporate Brokers International Pte Ltd; and Mr George Thia, Director, Asiainc Pte Ltd.
The Council assumes the overall governance of the SIM Group. It is responsible for the strategic direction of the Group, supervises financial, remuneration and audit matters, and closely monitors compliance with control measures. As a not-for-profit organisation under the purview of the Charities Act, SIM enforces stringent corporate governance guidelines to ensure that legal regulatory requirements are consistent with the law, transparent and enforceable.
The SIM 2018/2019 Governing Council comprises the following:
- Ms Euleen Goh, Non-Executive Chairman, SATS Ltd (Chairman)
- Professor Hsieh Tsun-yan – Chairman and Lead Counselor, LinHart Group Pte Ltd (Vice- Chairman)
- Ms Susan Chong – Chief Executive Officer, Greenpac (S) Pte Ltd
- Mr Patrick Fang – Managing Director, PFang & Associates Pte Ltd
- Ms Junie Foo – Fellow, Singapore Institute of Directors
- Mr Jen Kwong Hwa – Advisor, Get2Volume Accelerator
- Ms Madeleine Lee – Chairman, Athenaeum Holdings
- Mr Tan Choon Seng – Chairman, Truscott Group
- Mr Winston Tan – Managing Director, Corporate Brokers International Pte Ltd
- Mr George Thia – Director, Asiainc Pte Ltd
- Mr Chia Wee Boon – Chief Executive Officer, NCS Pte Ltd (Co-opted Member)
- Ms Adeline Sum Wai Fun - Deputy CEO (Strategic Alignment), NTUC Enterprise and Managing Director (Corporate Strategy), NTUC FairPrice (Co-opted Member)
View biodata of SIM Governing Council Members (2018/2019).