Singapore’s Sembcorp Industries named Neil McGregor, former CEO of Singapore LNG, as its new chief executive officer from April. He will succeed Tang Kin Fei, who is retiring after 30 years with Sembcorp.
Tang Kin Fei, who has led Sembcorp as chief executive since 2005, will remain as advisor and as a non-executive director on the board of Sembcorp until May 31, 2017.
His successor, McGregor, is already a director on Sembcorp’s board.
He was previously the CEO of Singapore LNG Corporation, the developer and the operator of Singapore’s first LNG terminal on Jurong Island. He is also a director of Singapore LNG, but will be stepping down from this position by March 31, 2017.
McGregor is also Senior Managing Director and Head of Energy & Resources at Temasek International. Temasek holds a stake of almost 50 percent in Sembcorp.