Corporate Governance
Board of Directors
 
Mr. TSOI Tin Chun - Chairman of the Board and Chief Executive

Mr. Tsoi, aged 47, founder of Titan Petrochemicals Group Limited (listed on the Hong Kong Stock Exchange as HK1192), has been the Group's Chairman since its inception in May 2002. In January 2008 he also assumed the post of Chief Executive.

From the early 1980s until the Group's emergence, Mr. Tsoi, a native of Fujian, has been involved in the storage, transportation and distribution of oil products in China. This period marked the beginning of China's economic transformation and the transition from exporting to importing oil. It was also a time when Mr. Tsoi's innovative concept of "integrated oil logistics" began to take shape. To realise this concept Mr. Tsoi moved to Hong Kong and later to Singapore where, in 1996, he established Titan Oil Pte Ltd, a substantial shareholder of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Through the gradual development of the oil supply, transportation, storage and distribution businesses, the Company succeeded in establishing an integrated oil logistics platform to provide customers one-stop service.

In 2005, the Group was awarded the "Global Trader Programme Status" by the Singapore Government and in the following year Titan Oil Pte Ltd was named one of the Top 100 Enterprises in Singapore.

While fully engaged in the international market Mr. Tsoi has, nevertheless, been most concerned about economic developments in China. He has brought back to China his successful experience in international marketing as well as management practices developed in Singapore. Under his leadership, the Group, while developing its business in Singapore, also actively invested in oil logistics facilities and a shipyard in China. The Group is now building large modern petrochemical terminals in strategic locations at key coastal areas of China, namely, Nansha in Guangdong; Quanzhou in Fujian and Yangshan at Shanghai. It is also developing a first-class, international multifunctional shipyard as well as offshore engineering projects at Quanzhou, Fujian. All these undertakings are listed as key projects by the respective provincial and municipal governments.

Mr. Tsoi firmly believes that entrepreneurs and enterprises have responsibilities to contribute to society. Thus, in June 2006, Titan Oil Pte Ltd initiated construction of Titan Maritime Institute in Fujian, China. This institute is committed in developing itself into a first-class comprehensive full-time higher vocational educational establishment, and aimed at giving supports to inject maritime talents to the domestic and international marine industry. Phase one construction has completed, and school commenced in September 2009 with 431 students admitted. The institute plans to enroll 1,000 students in 2010, and upon full completion of the construction, the number of full-time students will gradually increase to 5,000, offering a wide range of maritime, ship building/ repair related vocational training courses to students.

Mr. Tsoi, a Singaporean, is married and has five children.

   
Mr. Patrick WONG Siu Hung - Executive Director and President, Corporate Office
Mr. Wong, aged 54, has been an Executive Director of the Company since May 2008 and is also the President, Corporate Office who is responsible for strategic and operational leadership for all of Titan's business and operations. Mr. Wong has 30 years of working experience in banking, finance, commodity trading and project development. He has held several key positions in the Titan Group from 2002 to 2005, and was senior vice president of Commodity and Trade Finance at Societe Generale in Singapore and worked at commodity trading firms such as Louis Dreyfus where he was chief executive officer of China before rejoining Titan as President. Mr. Wong is an Associate Member of the Chartered Institute of Bankers, United Kingdom and holds a master degree in Applied Finance from Macquarie University, Australia.
   
Mr. John William CRAWFORD, JP
 - Independent Non-executive Director
Mr. Crawford, aged 67, has been an Independent Non-executive Director of the Company since February 2006 and is also the chairman of the audit committee. He was a founding partner of Ernst & Young, Hong Kong and vice chairman of the firm until his retirement in 1997. During his 25 years in public accounting, he was also the chairman of the audit division and was active in a number of large private and public company takeover and/or restructuring exercises. Mr. Crawford has been involved in various community service areas such as being a founding member of UNICEF Hong Kong Committee and the Hong Kong Institute of Directors. In 1997, Mr. Crawford was appointed a Justice of the Peace in Hong Kong. He is a member and was a governor for many years of the Canadian International School of Hong Kong and continues to be active in the promotion of pre-university education. Mr. Crawford is an independent non-executive director and chairman of the audit committee of e-KONG Group Limited and Regal Portfolio Management Limited which is the manager of Regal Real Estate Investment Trust, the shares and units, respectively, of which are listed in Hong Kong. He is also an independent non-executive director of Elixir Gaming Technologies, Inc., a company listed on the America Stock Exchange.
   
Ms. Maria TAM Wai Chu, GBS, JP
 - Independent Non-executive Director
Ms. Tam, aged 64, has served as an Independent Non-executive Director of the Company since August 2004 and is also the chairman of the remuneration committee and a member of the audit committee. She is a barrister and a Deputy to the National People's Congress of the People's Republic of China. She is a member of the Committee for the Basic Law of the Hong Kong SAR under the Standing Committee of the National People's Congress, Basic Law Promotion Steering Committee, Operations Review Committee and Witness Protection Review Board of the ICAC. Ms. Tam currently serves as an independent non-executive director of Wing On Company International Limited, Minmetals Land Limited, Sinopec Kantons Holdings Limited, Guangnan (Holdings) Limited, Tong Ren Tang Technologies Co. Ltd., Sa Sa International Holdings Limited and Nine Dragons Paper (Holdings) Limited. She was a non-executive director of eSun Holdings Limited from 2000 to 2008. Ms. Tam was educated at the University of London and is a member of Gray's Inn, London.
   
Mr. Abraham SHEK Lai Him, SBS, JP
 - Independent Non-executive Director
Mr. Shek, aged 64, has been an Independent Non-executive Director of the Company since February 2006 and is also a member of audit committee and remuneration committee. He graduated from the University of Sydney with a Bachelor of Arts degree. Mr. Shek is a member of the Legislative Council for the Hong Kong SAR and a vice chairman of Independent Police Complaints Council. He is also an independent non-executive director and audit committee member of NWS Holdings Limited, Midas International Holdings Limited, Paliburg Holdings Limited, Lifestyle International Holdings Limited, Chuang's Consortium International Limited, ITC Corporation Limited, Country Garden Holdings Company Limited and SJM Holdings Limited. He also sits in the board of Eagle Asset Management (CP) Limited and Regal Portfolio Management Limited which is the manager of Champion Real Estate Investment Trust and Regal Real Estate Investment Trust (the units of which are listed in Hong Kong), respectively as an independent non-executive director as well as an audit committee member. He serves as independent non-executive director to Hop Hing Group Holdings Limited, Hsin Chong Construction Group Limited and MTR Corporation Limited. Mr. Shek is also the chairman and independent non-executive director of Chuang's China Investments Limited and a director of The Hong Kong Mortgage Corporation Limited. He was an independent non-executive director of See Corporation Limited from 2005 to 2008. From 1987 to 2000, Mr. Shek was the Chief Executive of Land Development Corporation, and was also Commercial Director and a member of Managing Board of Kowloon-Canton Railway Corporation from 1984 to 1987 and 2004 to 2007, respectively.


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