Mr Richard Tay is the Group Managing Director and key founder of our Group. He is a member of our Nominating Committee. Mr Tay has more than 38 years of business experience in the areas of sales and distribution of automotive products. He plays an important role in formulating and setting of overall business strategies and policies for our Group including the development and growth of our Group’s operations. Under his stewardship, Mr Tay has led the development and growth of our alloy wheels manufacturing business. He is a member of the Singapore Institute of Directors. Mr Tay was appointed to the Board on 26 August 2000.

Mr Tay Tiang Guan is the Executive Director of our Group. He has more than 31 years of business experience and has extensive knowledge in the automotive and industrial products industry. Mr Tay is responsible for
spearheading our Group’s operations in Asean and overseeing our Group’s business development and operational management of our tyre and industrial product distribution business. He is a member of the Singapore Institute of Directors. Mr Tay was appointed to the Board on 26 August 2000.

Mr Yuen Sou Wai was appointed to the Board on 22 May 2003 and was appointed as a Non-Executive Director on 1 September 2009. As a Non-Executive Director, he is a member of our Audit Committee, Nominating Committee and Remuneration Committee.

Mr. Yuen was formerly our Executive Director and Chief Financial Officer and had been with the Group since 1996. He was instrumental in bringing the YHI Group of Companies to IPO in 2003. Mr. Yuen has in total about 35 years of broadbased financial management experiences in various large local and multinational companies where he had held several senior financial positions including Chief Financial Officer, Regional Finance Director and Group Controller.

Mr. Yuen holds a Master in Business Administration Degree from the University of Leicester, United Kingdom. He is a Fellow of the Chartered Institute of Management Accountants (UK), a Fellow Certified Public Accountant, Singapore and a member of the Singapore Institute of Directors.

Mr Phua Tin How was appointed to the Board on 22 May 2003. Mr Phua currently chairs the Nominating Committee and is a member of our Audit Committee and Remuneration Committee. Mr Phua is also a director of several listed companies in Singapore. He holds an MBA from INSEAD, France and a Bachelor of Science (Hons) Degree from the then University of Singapore (now known as National University of Singapore).

Mr Hee Theng Fong was appointed to the Board on 22 May 2003. Mr Hee currently chairs the Remuneration Committee and is a member of our Audit Committee. He is currently a partner of KhattarWong and has been practicing as an advocate and solicitor of the Supreme Court of Singapore since 1982. Mr Hee is also a director of several companies including Delong Holdings Ltd, Datapluse Technology Limited, Sinomem Technology Limited and NTUC Fairprice Cooperative Limited. He is actively involved in arbitration cases in the Asia Pacific region and holds several arbitral appointments. He is a Fellow of the Chartered Institute of Arbitrators (UK) and an Arbitrator with the Singapore International Arbitration Centre (SIAC) and China International Economic and Trade Arbitration Commission (CIETAC).

Mr Henry Tan was appointed to the Board on 22 May 2003. Mr Tan currently chairs the Audit Committee and is a member of our Remuneration Committee and Nominating Committee. He is the Managing Director of Nexia TS Public Accounting Corporation, the Chairman of Nexia China and also the Asia Pacific Regional Chairman and Board member of Nexia International. He is also a director of Raffles Education Corporation, Chosen Holdings Limited, Pertama Holdings Limited and China New Town Development Co Ltd. Mr Tan graduated with a First Class Honours Degree in Accountancy from the National University of Singapore. He is a fellow of the Institute of Certified Public Accountants of Singapore, member of Institute of Chartered Accountants in Australia, Institute of Internal Auditors, Inc (Singapore Chapter) and Singapore Institute of Directors.