Mr. Cheng was appointed as an Independent Director of the Company on 5 March 2001 and was last re-appointed as a Director of the Company on 30 September 2014.
Mr. Cheng retired as the Chief Executive Officer of POSBank in July 1997. He was appointed as Advisor to POSBank on 1 June 2010. He holds and has held directorships in both listed and non-listed companies. Currently, he is the Chairman of TeleChoice International Limited. He is also a Director of Hong Leong Finance Limited, Pacific Andes Resources Development Limited and Baiduri Bank Berhad. His other appointments include being the Chairman of the Medifund Committee, Singapore General Hospital, Vice-Chairman of the Board of Trustees, Consumers Association of Singapore (CASE) Endowment Fund and Chairman of the Investment Panel of SPRING SEEDS Capital Pte Ltd.
Mr. Cheng holds a Bachelor of Arts Degree in Economics (Honours) from the University of Malaya in Singapore. He received the Public Administration Medal (Silver) in 1984 and the Public Service Medal
in 2001. In addition, he also received the Friend of Labour Award from the National Trade Union Congress (NTUC) in 2008.