The Board of Directors of Singapura Finance Ltd. announced that Mrs. Yu-Foo Yee Shoon, an Independent Non-Executive Director, the Chairman of the Nominating Committee, and a member of both the Audit Committee and Remuneration Committee, will be appointed as the Lead Independent Director in place of Mr. Phua Bah Lee with effect from 12 February 2019. Mr. Phua Bah Lee will remain as an Independent Non-Executive Director, as well as Chairman of the RC and a member of both the AC and NC.