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Trustee-Manager
Board of Directors
5. Rakesh Kumar Aggarwal
Independent Director
Date of appointment: 16 November 2009
Mr Aggarwal, 59, is a member of the Investment Committee.
For nearly 25 years, Mr Aggarwal was a banker at Citibank
and Union Bank of Switzerland (Singapore). During that time,
he managed a wide range of fnancial services activities and
obtained considerable management experience.
Immediately after graduation, he started his banking
career with Citibank in India in 1975. Various domestic and
international assignments provided him rich professional
experience. Mr Aggarwal later served as Regional Risk Asset
Reviewer in the Asia Pacifc group where he assessed risk
exposures at different Citicorp entities based in Japan, South
Korea, Australia, New Zealand, Singapore and India.
After his illustrious years with Citibank, Mr Aggarwal joined
Union Bank of Switzerland (“UBS”), Singapore in 1990, and
became the Chairman of East Asia Credit Committee, where
he managed all counter-party risks in the region at a time when
UBS was expanding rapidly. He was also involved in corporate
and structured fnance, initial public offering underwriting,
direct investments and other functions as Director of UBS
(East Asia) Ltd, Singapore.
Mr Aggarwal is currently a Director of MSMSatellite (Singapore)
Pte Ltd, a television broadcasting business. In the last 10 years,
he has been involved in promoting and managing new private
enterprises in Singapore, India, USA and Australia, principally
in industries such as media, technology and building materials.
Mr Aggarwal holds a Master of Business Administration
degree from the Indian Institute of Management, Ahmedabad,
India and a Bachelor of Technology (Mechanical Engineering)
from the Indian Institute of Technology, New Delhi, India.
6. Cavinder Bull
Independent Director
Date of appointment: 1 July 2010
Mr Bull, 44, is a member of the Audit Committee.
A Senior Counsel, Mr Bull is a Director of Drew & Napier
LLC. He practices corporate and commercial litigation and is
actively engaged in trial and appellate advocacy at all levels
of the Singapore Courts as well as international arbitrations.
Mr Bull worked for the Chief Justice of Singapore as a
Justices’ Law Clerk before joining Drew & Napier in 1994 as
a litigation associate. In 1995, he was awarded the Lee Kuan
Yew Scholarship and left for Harvard Law School where he
received an LL.M. He passed the New York Bar exams and
was admitted to the Bar in New York where he practiced
with Sullivan & Cromwell until late 1997, when he returned to
Singapore and re-joined Drew & Napier. Mr Bull was made a
Partner of Drew & Napier in 1998, and a Director in May 2002.
He also sits on the Board of Singapore International Arbitration
Centre where he is the Deputy Chairman, National Healthcare
Group Pte Ltd and Singapore Technologies Electronics
Limited. He is a member of the Board of Singapore University
of Technology and Design.
Mr Bull graduated with First Class Honours in Law from Oxford
University in 1992.
7. Mohandas Pai
Independent Director
Date of appointment: 1 December 2011
Mr Pai, 53, is a member of the Audit Committee and Investment
Committee.
Mr Pai is currently the Chairman of the Board of Manipal
Global Education Services Private Limited, a Global Education
Services Corporation and Advisor to the Manipal Education
and Medical Group. Prior to this, Mr Pai was a Director
of the Board of Infosys Limited, Bangalore and Head of
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