Board of Directors

Executive Chairman Last re-elected in 2021

Mr Teo was appointed as Director of Hiap Hoe Group in 1983. He was redesignated as Executive Chairman and relinquished his role as the Chief Executive Officer in Hiap Hoe Group on 2 January 2024. Mr Teo held the position as Chief Executive Officer from 2006 and was previously the Executive Chairman of the Board from May 2012 to May 2017. Mr Teo has more than 42 years of experience in the construction and property industries, and over 27 years of experience in the leisure industry. Mr Teo is responsible for the formulation of corporate strategies and policies for Hiap Hoe, and the implementation of these strategies by senior management at the operations level. Mr Teo chairs the financial investment committee for the Group’s investment portfolios and senior management meetings to monitor Hiap Hoe’s performances, including oversees management, budgeting and forecasting processes to ensure there is prudent financial management. Mr Teo also sits on the board of Ley Choon Group Holdings Limited as Non-Executive Director.

Chief Executive Officer Last re-elected in 2021

Mr Teo was appointed as Executive Director on 11 May 2017 and was redesignated as Chief Executive Officer in Hiap Hoe Group on 2 January 2024. Mr Teo oversees the Group’s hospitality portfolio and is responsible for the Group’s overseas expansion plans and corporate investments.  Mr Teo also heads Project Management and Business Development in Singapore and Australia. Prior to joining Hiap Hoe, Mr Teo spent two years with Ernst & Young Singapore. Mr Teo graduated from Nanyang Technological University with a Bachelor of Accountancy (First Class Honours) degree and holds a diploma in Quantity Surveying conferred by Global School of Technology & Management and articulated by Heriot Watt University, UK.

Lead Independent Non-Executive Director

Mr Chan was appointed an Independent Non-Executive Director of Hiap Hoe on 3 May 2023 and was subsequently appointed as the Lead Independent Director on 2 January 2024. Mr Chan has over 40 years of experience in auditing, accounting and taxation work and has been a practising Chartered Accountant since 1980.  He is currently an Executive Director of R Chan & Associates PAC (Chartered Accountants of Singapore). Mr Chan is also experienced in insolvency, corporate secretarial and management consultancy work. His clients include many small and medium sized enterprises and subsidiaries and branches of multinational corporations covering a diverse range of industries. Mr Chan is a Fellow member of The Association of Chartered Certified Accountants, a member of the Institute of Singapore Chartered Accountants, a member of the Singapore Institute of Directors and an Accredited Tax Advisor (Income Tax and GST) of the Singapore Chartered Tax Professionals. 

Independent Non-Executive Director

Mr Ong was appointed an Independent Non-Executive Director of Hiap Hoe on 2 January 2024. Mr Ong has three decades of commercial banking experience, spanning across areas such as strategy and budgeting, asset-liability management, business development, credit risk & marketing, client coverage and solutioning, as well as general management. Mr Ong was with Maybank from 1992 to 2021. He held various positions including Country Head of Maybank Hong Kong, President and Chief Executive Officer of Maybank Philippines Inc. and Head of Client Coverage and Global Banking at Maybank Singapore. Mr Ong co-founded A3 Capital Pte Ltd, a privately held specialist real estate investment platform based in Singapore undertaking Real Estate Fund Management, Asset Management and Syndication, and is a Co-Managing Partner there. Mr Ong holds a Master of Economics degree from Macquarie University and graduated with a Bachelor of Arts (Economics) with First Class Honours from London Metropolitan University.

Independent Non-Executive Director

Ms Kwok was appointed an Independent Non-Executive Director of Hiap Hoe on 2 January 2024. She is currently advisor to the Chief Executive Officer of Resona Merchant Bank Asia Limited. Ms Kwok has  20 years of extensive experience in OCBC and held various positions during her tenure in the Bank. She was formerly the President and Chief Executive Officer of AFC Merchant Bank (AFC) from 2008 to 2017. During her tenure at AFC, she also held the position of Secretary General of the ASEAN Bankers Association. Ms Kwok holds a Bachelor of Arts (Hons) degree in Economics. She is a Fellow of The Institute of Chartered Secretaries and Administrators and a Fellow member of Singapore Institute of Directors. Ms Kwok has attended executive management programmes at both Wharton-SMU University in 2004 (General Management Program) and The Wharton School at the University of Pennsylvania in 2006 (The Leadership Journey-Creating and Developing your leadership). Ms Kwok was an Independent Non-Executive Director of Hiap Hoe from September 2012 to April 2015. 
Back to Top