Philip Yeo to join new corporate governance body being set up

The former chairman of the Economic Development Board (EDB), Mr Philip Yeo, will be joining a new corporate governance body that is in the midst of being set up by corporate governance advocate Mak Yuen Teen, who is also an accounting professor at the NUS Business School.

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Besides Mr Yeo, Professor Mak has roped in former Bursa Malaysia chairwoman Shireen Muhiudeen and First Resources independent director Mary Yeo.

Ms Shireen, Ms Mary Yeo and Prof Mak will be part of the inaugural board of this new body.

The team of three are currently developing a process for building the board, which includes setting up a steering committee to look into the board composition, said Prof Mak in an interview with The Business Times.

Mr Yeo's role at the new body has not been decided yet.