Singapore’s New Independent Director

Singapore Airlines announced the appointment of Dr Helmut Panke to its Board as an independent, non-executive director, with effect from September 1. 2009.
Dr Panke, a trained nuclear engineer with a PhD in Physics from the University of Munich, was with BMW AG from 1982 to 2006.  During this time he served in a number of senior positions, including Executive Chairman of the Board of Management from May 2002 to August 2006. Among other positions held, from 1993 to 1996 he served as Chairman and CEO of BMW (US) Holding Corp, responsible for the car maker’s North American activities.
Dr Panke is currently serving on the board of Microsoft Corporation, where he is the first non-American director.  He also serves on the board of directors of UBS AG, Switzerland, and the supervisory board of Bayer AG.
Singapore Airlines’ Board issued a statement saying it was looking forward to benefiting from Dr Panke’s wealth of experience and his extensive European linkages.
Two Directors, Mr Chia Pei-Yuan and Sir Brian Pitman, retired from the Board after the last Annual General Meeting on 31 July.