Senior Management

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Board of Directors

MR. EDWARD CHIU

Chief Financial Officer

Mr. Edward Chiu is the Chief Financial Officer responsible for overseeing the Group's finance functions, including corporate finance, treasury, risk management, capital management and investor relations.

Mr. Chiu has over 20 years of leadership experience, along with a diverse finance and commercial background. He has previously worked for global audit firms – KPMG and PwC, privately owned enterprises, SGX mainboard listed companies, and private equity controlled companies across Singapore, Hong Kong, Malaysia, Netherlands and United Kingdom. Edward holds a Master's Degree in Finance from the London School of Economics and is also a member of the Institute of Singapore Chartered Accountants and a Fellow of the Chartered Association of Certified Accountants.

Board of Directors

MR. CHAI ULVA

Director

Offshore Accommodation

Mr. Chai Ulva is the Divisional Director of Offshore Accommodation and has been instrumental in the development and expansion of the business.

Mr. Chai has more than 15 years of experience in the offshore marine industry. He was a Manager with PSA Marine Pte Ltd from 2000 to 2006, handling business development and overseas charters of harbour tugs, and served as a Director in PSA Marine's joint venture company in Fuzhou, China. From 2006 to 2007, Mr. Chai was an Assistant General Manager in PSA Marine's offshore business. Since our acquisition of the business in 2007, Mr. Chai has served the Group as General Manager of POSH Maritime Pte Ltd, and Divisional Director of various business units within POSH Semco Pte Ltd including Offshore Construction Support, Transportation & Installation (Shallow Water) and Offshore Accommodation.

Board of Directors

MR. KELVIN TEO

Director

Business Planning and Projects

Mr. Kelvin Teo is the Director of Business Planning and Projects and is responsible for exploring opportunities in new business segments and setting up of our overseas offices. Concurrently, he also heads the Corporate Affairs and Business Development team and POSH Kerry Renewables, a joint venture with Kerry TJ Logistics, dedicated to serving the offshore renewables sector in Taiwan.

Mr. Teo has more than 10 years of experience in the offshore marine industry. Under PSA Corporation's Management Associate Programme, he was rotated to various business segments in commercial, logistics and offshore marine from 2002 to 2006. He joined POSH in 2006 as Deputy Marketing Manager, and his responsibilities included exploring business opportunities in new markets and management of the chartering team. Mr. Teo was appointed Divisional Director of the Offshore Supply Vessels ("OSV") Division in 2016. He directed the division and oversaw the growth of the OSV fleet at POSH.

Mr. Teo holds a Master's Degree at Yale University and a BSc in Economics (1st Class Honours) at London School of Economics.

Board of Directors

MR. KURUSH PHIROZE CONTRACTOR

Director

Subsea

Mr. Kurush Contractor is the Divisional Director of POSH's Subsea arm and has been instrumental in the establishment and expansion of the business within POSH.

Prior to his appointment at POSH, Mr. Contractor was the Chief Executive Officer ("CEO") and Managing Director of Kreuz Group since 2008. As a founding member of The Kreuz Group, he was vital in driving the company's growth as an integrated subsea service provider. Mr. Contractor also oversaw the expansion of several key markets in Middle East and Asia and was pivotal in the listing of Kreuz Subsea on the SGX Catalyst board in 2010 before being transferred to the SGX Main board in 2012. Prior to his appointment at Kreuz Subsea, Mr. Contractor also served with Global Industries as President and Director for India and Middle East region.

Being in the offshore industry for more than 35 years, Mr. Contractor has strong hands-on experience, having worked in offshore oil fields as a commercial deep-sea diver and in other supervisory positions prior to taking up managerial positions ashore. Mr. Contractor also holds a Bachelor of Science Degree from the University of Bombay.

Board of Directors

MR. NG ENG KHIN

Director

Transportation & Installation (Deepwater)

Mr. Ng Eng Khin is the President of POSH Terasea Offshore Pte Ltd, the Group's specialist offshore service contractor joint venture. He has held the position since POSH Terasea's formation and oversaw the subsequent injection of the Group's entire Transportation & Installation (Deepwater) business into the joint venture.

Mr. Ng has more than 35 years of experience in the offshore marine industry. He was involved in PSA Marine's offshore business prior to our acquisition of the business in 2007. Mr. Ng was a Project Superintendent in charge of design, project operation and execution from 1977 to 1986 and a Senior Manager from 1985 to 2001. He was also a General Manager from 2001 to 2007 specialising in project management, operation and execution of complex transportation and installation projects, as well as being responsible for sales, marketing and development. Mr. Ng has been instrumental in the development of the Group's Transportation & Installation (Deepwater) business.

Board of Directors

MR. SIM HEE PING

Director

Integrated Fleet Management

Mr. Sim Hee Ping heads our Integrated Fleet Management Division. He is responsible for the overall technical management, safety and training of the Group's offshore crew.

Mr. Sim has more than 35 years of experience in the shipping industry. Prior to joining the Group in 2009, he held various positions with Neptune Orient Lines Limited ("NOL") from 1977 to 2006. He started out as a cadet engineer in 1977 and worked his way up to become a chief engineer in 1987, responsible for equipment and machinery on board NOL ships. Between 1987 and 1989, he was seconded to Jurong Shipyard as a Ship Repair Manager. He was also a technical superintendent from 1989 to 1998 and a Technical Director from 1998 to 2006, in charge of managing NOL vessels. From 2006 to 2008, he was seconded to Neptune Shipmanagement Services Pte Ltd, the ship management arm of NOL, as Managing Director.