Corporate Governance

As a not-for-profit organisation under the purview of the Charities Act, SIM enforces stringent corporate governance guidelines to ensure that we are transparent and are compliant with legal regulatory requirements.

Assuming the overall governance of the SIM Group is the Governing Council. Comprising independent elected members, the Council is responsible for the strategic direction of the Group, acts as a watchdog on all financial, remuneration and audit matters and closely monitors compliance with control measures. Similarly, the SIM University (UniSIM) and Singapore Institute of Management Pte Ltd are also governed by a Board of Trustees and Directors respectively, members of whom are appointed independent directors. The Internal Audit Division, as part of the SIM Group's corporate governance framework, supports the Governing Council to oversee the SIM Group’s functions in risk assessment, whistle-blowing, and internal and external audits.

As part of good corporate governance, SIM has in place the Conflict of Interest Policy and the Whistle-Blowing Policy. Under the Conflict of Interest Policy, Council members or staff who have personal interests in business transactions or contracts that SIM may enter into or have vested interest in any organisation that SIM has dealings with, are required to declare such conflict of interest to the Council or senior management immediately, and to abstain from any discussion or decision making on the matter of interest.

The Whistle-Blowing Policy extends the notion of corporate governance to all staff and vendors, allowing them to take responsibility in playing their part to help SIM achieve a greater level of public confidence in our corporate governance.

Organisational Chart

The GE Board

    SIM Governing Council

SIM Governing Council Committees

HONORARY CHAIRMAN
Dr Richard K M Eu
NOMINATION COMMITTEE
Chairman
Mr Tan Soo Jin

Members
Mr Victor Liew

Dr Rosemary Tan
(until 12 May 2015)

Mr Hsieh Tsun-yan
(from 12 May 2015)

Professor Cham Tao Soon
AUDIT COMMITTEE
Chairman
Mr Winston Tan

Members
Mr Victor Liew

Mr George Thia
INVESTMENT COMMITTEE
Chairman
Mr Victor Liew

Members
Ms Madeleine Lee
(from 12 May 2015)

Ms Isabella Loh
(until 12 May 2015)

Mr Kevin Scully (external)

Mr George Thia
FINANCE COMMITTEE
Chairman
Mr Tan Choon Seng
(from 12 May 2015)

Ms Isabella Loh
(until 12 May 2015)

Members
Ms Susan Chong
(from 12 May 2015)

Mr Tan Choon Seng
(until 12 May 2015)

Mr Fong Heng Boo (external)
REMUNERATION (GROUP) COMMITTEE
Chairman
Mr Patrick Fang

Members
Ms Junie Foo

Dr Rosemary Tan
(until 12 May 2015)

Mr George Thia
CAMPUS DEVELOPMENT STEERING COMMITTEE
Chairman
Mr Tan Soo Jin

Members
Professor Cham Tao Soon

Mr Tan Choon Seng

SIM University Board of Trustees

SIM University Board Committees

AUDIT COMMITTEE
Chairman
Mr Ramasamy Dhinakaran

Members
Professor Leo Tan Wee Hin
(until 31 July 2015)

Mr Ng Cher Pong
(from 1 March 2015)

Professor Bernard Tan
(from 1 August 2015)
ESTABLISHMENT COMMITTEE
Chairman
Mr Gerard Ee
(until 31 August 2015)

Mr Richard Y M Eu
(from 1 September 2015)

Members
Professor Leo Tan Wee Hin

Mr Ronald Tan

Mr Ong Boon Hwee
(until 31 July 2015)

Mr Lam Yi Young
(from 1 August 2015)
FINANCE COMMITTEE
Chairman
Professor Bernard Tan
(until 31 July 2015)

Adjunct Professor Seah Moon Ming
(from 1 August 2015)

Members
Adjunct Professor Seah Moon Ming
(until 31 July 2015)

Mr Ronnie Tay

Mr Ong Boon Hwee
(until 31 July 2015)

Professor Alex Siow
(from 1 August 2015)
NOMINATION COMMITTEE
Chairman
Mr Gerard Ee
(until 31 August 2015)

Mr Richard Y M Eu
(from 1 September 2015)

Members
Adjunct Professor Seah Moon Ming

Mr Ong Boon Hwee
(until 31 July 2015)

Ms Ang Bee Lian
(from 1 August 2015)
INVESTMENT COMMITTEE
Chairman
Mr Ong Boon Hwee

Members
Mr Lok Vi Ming, SC

Mr Tan Choon Seng

Singapore Institute of Management Pte Ltd
Board of Directors

Singapore Institute of Management Pte Ltd Board Committee

HUMAN RESOURCES COMMITTEE
Chairman
Mr Tan Soo Jin

Members
Mr Victor Liew

Mr Ong Boon Hwee