HSBC Bank (Singapore) has announced a successor to lead its board as its first independent chairman.
Penny Goh has been appointed as board chair of HSBC Bank (Singapore), according to a statement, effective February 16.
Goh succeeds Mervyn Fong who served as interim board chair since August 2021 and will continue to serve as the risk committee chair and member of the audit committee until his retirement from the board in April this year.
She was first appointed as an independent non-executive director of HSBC Bank (Singapore) in August 2019 and is also a member of its audit and risk committees.
Board Experience
Goh has extensive board and board leadership experience, previously with Allen & Gledhill LLP as its co-chairman and senior partner. She is the current chair of Keppel REIT Management, independent director and audit and risk committee member of Keppel Corporation Limited and director of Keppel Land Limited and Singapore Totalisator Board.
«[Goh] will be the first Independent Chair of HSBC Bank (Singapore) – a fitting reflection of her strategic navigation of the Bank,» said Kee Joo Wong, chief executive and executive director of HSBC Bank (Singapore).
«Drawing on her experience, skills and expertise spanning law, management and strategic planning, [Goh] has played a key role in the Board’s stewardship of our retail banking business. Her intimate knowledge of the Singapore market will help further accelerate our ambition to be the leading international bank supporting our clients’ wealth management needs.»
