Former chief of defence force Ng Yat Chung is next NOL president

NOL says it has appointed Ng Yat Chung as its next group President and Chief Executive Officer.

Ng will take over from Ron Widdows, who will retire from his present post at the end of this year and remain as a senior adviser to the company.

Ng will be appointed as an Executive Director to the Board of Directors with effect from 1 May 2011. He will be working closely with Widdows before assuming full responsibilities as the Group President and Chief Executive Officer on 1 January 2012.

Ng spent 28 years in key leadership roles in Singapore’s Armed Forces (SAF). Prior to assuming his present role as a senior executive with Temasek Holdings, he was Chief of Defence Force from 2003 to 2007, where he had been instrumental in transforming the SAF as a networked, knowledge-based force and driving close integration between the Army, Navy and Airforce. A graduate from Cambridge with an MBA from Stanford, he most recently headed Temasek’s Energy & Resources portfolio and was co-head of Australia & New Zealand and co-head of Strategy.