Announcement Of Appointment Of Non-Executive Director
BackDec 24, 2009
| Appointment Details | ||
| Date of Appointment | 24/12/2009 | |
| Name | Simon Laurence Vinson | |
| Age | 48 | |
| Country of principal residence | Australia | |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | Mr Vinson was nominated by incoming shareholder of the manager, and following review of qualifications and experience, the appointment was approved by the Board. | |
| Whether appointment is executive, and if so, area of responsibility | Non-executive | |
| Job Title | Director and member of the Audit Committee | |
| Working experience and occupation(s) during the past 10 years | During the past 10 years, Mr Vinson has been a senior executive within the Property Group of AMP Capital Investors (AMPCI), his experiences include: 2009-present: Mr Vinson relocated back to Australia to take on the role of Head of Asian Property and New Business Initiatives. As such, Mr Vinson is responsible for building AMPCI's property investment capability in Asia and growing the Property business domestically (in Australia and New Zealand). 2006-2009: Managing Director, Singapore and Head of Asian Property. In this capacity, Mr Vinson established AMPCI's Asian hub office in Singapore in October 2006. During his time in Singapore, Mr Vinson was responsible for establishing AMPCI's property investment capability in Asia. The business acquired a substantial portfolio of industrial assets in Singapore and opened a Tokyo office. 2003 - 2006: Mr Vinson was Head of Property Business Development. In this role, he was responsible for the domestic (Australian ) transaction team and development of new property funds. 2002 - 2003: Mr Vinson led the Australian (Property) Transaction team and was responsible for all property acquisitions and disposals for all Australian funds. 2000 - 2002: As Retail Property Acquisition Manager, Mr Vinson was responsible for the acquisition of retail properties for all Australian funds and private clients. He was also involved in the co-ordination of all property sales for these clients. 1995-1999: Mr Vinson was a Property Development Manager. His responsibility in this role included the identification and implementation of development opportunities to enhance value of existing property fund assets. |
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| Shareholding in the listed issuer and its subsidiaries | None. | |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None. | |
| Conflict of interest | Potential conflicts could arise due to nature of Mr Vinson's executive role with AMPCI but AMPCI Group has protocols in place to ensure these are properly handled. | |
| Other Directorship | ||
| Past (for the last five years) | Premier Envy Sdn Bhd (now known as UEML-ZBRE-AMP Capital Management Sdn Bhd) AMP Capital Investors (Singapore) Pte Ltd |
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| Present | AMP Capital Investors Japan KK AMP Capital Investors (Singapore) REIT Management Ltd AMP Capital Singapore Business Space Fund AMP Capital Vietnam Real Estate Opportunity Fund AIMS AMP Capital Property Management Pte Ltd (with effect from 24 December 2009) |
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| Information required pursuant to Listing Rule 704(7)(h) | ||
| a. | Whether at any time during the last 10 years, a petition under any bankruptcy laws of any jurisdiction was filed against him or against a partnership of which he was a partner? | No |
| b. | Whether at any time during the last 10 years a petition under any law of any jurisdiction was filed against a corporation of which he was a director or key executive for the winding up of that corporation on the ground of insolvency? | No |
| c. | Whether there is any unsatisfied judgement 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 for 3 months or more, or has been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) 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 been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such breach? | No |
| f. | Whether at any time during the last 10 years, judgement 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, misinterpretation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings which he is aware of involving an allegation of fraud, misinterpretation 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 corporation? | No |
| h. | Whether he has ever been disqualified from acting as a director of any corporation, or from taking part directly or indirectly in the management of any corporation? | No |
| i. | Whether he has ever been the subject of any order, judgement 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 |
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| (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 |
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| (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 |
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| (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, | No |
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| in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | ||
| 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 |
| Information required pursuant to Listing Rule 704(7)(i) | ||
| Any prior experience as a director of a listed company? | No | |
| If yes, please provide details of prior experience. | Mr Vinson has senior management experience and is fully conversant on the responsibilities of a director. |
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