Rolls-Royce, the global power systems company, announces that Lee Hsien Yang will join the Board as a Non-Executive Director in January, 2014. Mr Lee serves as a Special Advisor of General Atlantic, LLC. and has been a member of the Rolls-Royce International Advisory Board since 2006.
The Chairman of Rolls-Royce, Ian Davis, said: "I am delighted to welcome Lee Hsien Yang onto the Board of Rolls-Royce as a Non-Executive Director. Mr Lee combines a strong background in engineering with extensive international business experience in our most important growth markets."
Lee Hsien Yang graduated in Engineering Science from Cambridge University and has an MSC from Stanford University. Mr Lee was Chief Executive of Singapore Telecommunications Limited for 11 years prior to joining Fraser and Neave Limited as Chairman and Non-Executive Director from 2007 until February 2013. He is Chairman of the Civil Aviation Authority of Singapore and is also Chairman of General Atlantic Singapore Fund Pte Ltd. and of the Islamic Bank of Asia Private Limited (a DBS Bank subsidiary). Mr Lee is also a director of the Singapore Exchange Limited, the Australian & New Zealand Banking Group Ltd. (ANZ) and the Lee Kuan Yew School of Public Policy, and is President of the INSEAD South East Asia Council.
Singapore Exchange Ltd and Fraser and Neave Ltd are listed on the Stock Exchange of Singapore. The Australia and New Zealand Banking Group Ltd is listed on the Australian Securities Exchange (ASX).
Save as disclosed above there are no other details to disclose under paragraph 9.6.13 (1) to (6) of the Listing Rules in relation to Lee Hsien Yang.