Board of Directors

Mr Ketut Budi Wijaya

Non-Executive Director

Mr Ketut Budi Wijaya is a Non-Executive Director and a member of the Nominating & Remuneration Committee of the Manager.

Mr Wijaya graduated with an academy of accountancy in Indonesia in 1982. He brings with him more than 20 years of in-depth expertise in accounting and corporate finance.

During his career, Mr Wijaya held various executive and supervisory positions within the Lippo Group, including PT Matahari Putra Prima Tbk, PT Multipolar Tbk and PT Bank Lippo Tbk. He had also previously worked for Darmawan & Co. Public Accountants and PT Bridgestone Tire Indonesia.

Mr Wijaya is a Non-Executive Director of LMIRT Management Ltd, the manager of Lippo Malls Indonesia Retail Trust. He is also the President Director of PT Lippo Karawaci Tbk, the largest listed property company in Indonesia by total assets and revenue, with a highly focused, unique and integrated business model stretching across urban and large scale integrated developments , retail malls , healthcare, hospitality, property and portfolio management. Mr Wijaya is also the President Commissioner of PT Gowa Makassar Tbk, Vice President Commissioner of PT Lippo Cikarang Tbk as well as the Commissioner of PT Jababeka Tbk and other subsidiaries of PT Lippo Karawaci group.

Mr Wong Gang

Independent Director

Mr Wong Gang is an Independent Director of the Manager. He also serves as Chairman of the Nominating & Remuneration Committee and a member of the Audit Committee of the Manager.

Mr Wong graduated from the National University of Singapore in 1995 with Bachelor of Law (Hons) and was admitted as advocate and solicitor to the Supreme Court of Singapore in 1996.

Mr Wong has been a partner since 2002 at Shook Lin & Bok LLP, a law firm in Singapore, and has more than 20 years' experience advising on a wide range of corporate finance and securities transactions, stock market flotations, securities regulation and compliance for public listed companies, mergers and acquisitions, as well as general corporate legal advisory work. He is also a member of Shook Lin & Bok LLP's China practice group and has advised multinational corporations and Singapore companies on cross border transactions in China, as well as on public offerings of securities in Singapore by companies from China, Taiwan and South-East Asia.

Mr Wong is an Independent Director of JEP Holdings Limited (listed on SGX Catalist) and Renewable Energy Asia Group Limited (listed on SGX Catalist).

Mr Richard Tan Chuan Lye

Independent Director

Mr Richard Tan Chuan Lye is an Independent Director of the Manager. He also serves as Chairman of the Audit Committee and a member of Nominating & Remuneration Committee of the Manager.

Mr Richard Tan is an Adjunct Associate Professor with the NUS Business School, National University of Singapore. Prior to that, he was a Partner in Risk Consulting group of KPMG Advisory LLP. His areas of focus included corporate governance, enterprise risk management, and internal audit.

Prior to KPMG, he spent more than 20 years with various international banks where he held senior management positions in internal audit and operational risk management including as a regional head.

Mr Richard Tan graduated from the University of Reading with Master of Business Administration. He is a non-practising member of the Institute of Singapore Chartered Accountants, a fellow member of The Association of Chartered Certified Accountants (UK) and an associate member of The Institute of Management Accountants (UK).

Mr Richard Tan is a Trustee of The Brash Trustee and Non-Executive Director of Singapore Repertory Theatre Ltd and All Saints Home.

Mr Victor Tan Kok Mian

Executive Director and Acting Chief Executive Officer

Mr Tan Kok Mian, Victor joined Bowsprit in April 2008 as Senior Finance Manager, and was responsible for its financial operations. He was the Chief Financial Officer from July 2008 and in 2017, he was appointed as the Executive Director and Acting Chief Executive Officer.

Prior to joining Bowsprit, Mr Tan worked at Parkway Holdings Limited from 1997 to 2008. He joined them as an Accountant in 1997 and was promoted to the position of Group Accountant and subsequently to Financial Controller. His scope of work in Parkway included supervising the preparation of the financial accounts and handling accounting matters for the holding company as well as some of the subsidiary companies within Parkway Group. During his tenure, he also assisted Parkway's Chief Financial Officer in the preparation of the consolidated accounts for the Parkway Group.

Mr Tan graduated in 1997 with the professional qualification from the Association of Chartered Certified Accountants (ACCA).

Mr Carl Gabriel Florian Stubbe

Non-Executive Non-Independent Director and Chairman

Mr Carl Gabriel Florian Stubbe is the Non-Executive Non-Independent Director and Chairman of the Board of the Manager. He also serves as a member of Audit Committee of the Manager.

Mr Stubbe is currently the chief executive officer of Peredigm Private Limited, a company involved in packaging and marketing excess capacity for asset-heavy businesses. He founded the company in April 2013 and is responsible for the overall strategic direction of the company.

Prior to founding Peredigm Private Limited, Mr Stubbe was with Bank Julius Baer Singapore, where his last held position was director. From 2009 to 2010, he was chief executive officer of the Gaia Hotels Private Ltd., and from 2006 to 2008 he was with Grove International Partners LLP, a global real estate private equity firm, where his last held position was vice president. In 2006, Mr Stubbe was with Colony Capital Asia, Ltd., a private international investment firm focusing primarily on real estate-related assets and operating companies, and from 2003 to 2005 he was with Global Hyatt Corporation in Chicago, USA, where his last held position was manager of Acquisitions and Development.

Mr Stubbe graduated from the University of Massachusetts, USA with a Bachelor of Arts degree in English, and holds a Master of Business Administration from Johnson and Wales University, USA.

Mr Stubbe is an Independent Director of OUE Commercial REIT Management Pte. Ltd., the manager of OUE Commercial Real Estate Investment Trust.