Singapura Finance Ltd announced the early retirement of Lead Independent Director Adam Tan Chin Han, effective Dec, 31 2025.

The retirement precedes the company’s Apr, 2026 annual general meeting, at which Tan would no longer be considered independent after more than nine years on the board, in line with Listing Rule 210(5)(d)(iv).

With the change, the board will comprise seven directors from Jan, 1 2026, with Terence Khoo Chi Siang appointed as the new Lead Independent Director. Other members will include Non-Independent Non-Executive Chairman Yu-Foo Yee Shoon; Executive Director and Chief Executive Officer Jamie Teo Miang Yeow; Independent Directors Lucas Tran Phuoc, Loh Ching Soo and Lionel Yeo Hung Tong; and Non-Independent Non-Executive Director Christopher Teo Miang Chneh.

The company also detailed the refreshed line-ups of its Audit, Nominating, Remuneration, Risk Management, Executive and Digitalization committees, all effective Jan, 1 2026.