The Board of FSLTM, as Trustee-Manager of FSL Trust, comprises individuals with a broad range of commercial expertise including expertise in the structured finance and shipping industry. The Board has five Directors, three of whom are independent.
Tim Reid was appointed as a Non- Independent Director of the Trustee- Manager on 17 June 2013.
Mr. Reid is a partner with Ferrier Hodgson. He has over 25 years of experience in the accounting profession and specialises in the restructuring of businesses.
Mr. Reid is a member of the Chartered Accountants Australia and New Zealand and a member of the Institute of Singapore Chartered Accountants. He is registered as a Public Accountant; Approved Company Auditor; and Approved Liquidator with the Accounting and Corporate Regulatory Authority, Singapore.
Michael Gray was appointed as a Director of the Trustee-Manager on 11 May 2015. He is also the Chairman of the Audit and Risk Committee and a member of the Remuneration Committee.
Mr. Gray is a qualified accountant with
35 years' experience in professional
practice across a number of
international markets. He trained as
a Chartered Accountant with Coopers
& Lybrand in the United Kingdom and
moved to Coopers & Lybrand Singapore
in 1978, retiring from the merged
firm of PricewaterhouseCoopers in
2004. During this time he founded the
PricewaterhouseCoopers practice in
Indochina and was the Territorial Senior
Partner for eight years thereafter. Prior
to practicing as an accountant, he spent
10 years in the shipping industry as
an officer in the Merchant Navy and
obtained a BSc in Maritime Studies
from the University of Plymouth.
Mr. Gray is an active member of the
Singapore Institute of Directors, where
he is a member of the Publications
Committee and former editor of the
SID Bulletin. He has been actively
involved in Singapore's transport
industry, and was Chairman of the
Chartered Institute of Transport and
Deputy Chairman of Singapore's
Public Transport Council, where he
served for 14 years.
Michael Oliver was appointed as a Director of the Trustee-Manager on 26 June 2013. He is also the Chairman of the Remuneration Committee and a member of the Audit and Risk Committee.
Mr. Oliver has over 40 years of
international experience in the banking
and financial services industry.
Based in Singapore since 2001, he
served as Regional Board Member,
Asia/Oceania for Commerzbank AG until
his retirement in 2005. As the Regional
Chief Executive, he was responsible for
Commerzbank branches in Hong Kong,
Shanghai, Singapore and Tokyo as well
as its merchant banking subsidiaries
and corporate banking business in the
Asia Pacific region. During his service of
more than 19 years at Commerzbank,
he also held senior positions in London
and Hong Kong.
Before joining Commerzbank,
Mr. Oliver was with The First National
Bank of Boston for 18 years, holding a
variety of commercial banking, leasing
and corporate finance positions in the
U.S., Australia and Europe.
Narayanan Sreenivasan was appointed as a Director of the Trustee-Manager on 20 September 2016. He is also a member of the Audit and Risk Committee and the Remuneration Committee.
Mr. Sreenivasan is the Managing Director of Straits Law Practice LLC. Over the past 30 years, he has had an extensive practice in most areas of commercial litigation, such as contracts, directors' duties, banking facilities, international trade, engineering and technical matters, trust and fraud, and corporate and shareholder disputes. Mr. Sreenivasan was appointed Senior Counsel on 4 January 2013 by the Selection Committee chaired by the Chief Justice. He is also a Fellow of the Singapore Institute of Arbitrators and a Fellow of the Chartered Institute of Arbitrators (UK).
Mr. Sreenivasan has served on the Criminal Law Advisory Committee (Hearing) of the Ministry of Home Affairs for over 20 years and was awarded the Pingkat Bakti Masyarakat (Public Service Medal) for his services, in the 2014 National Day Honours' list. At present, Mr Sreenivasan serves on the board of the Singapore Business Federation Foundation.
Mr. Sreenivasan is the Non-Executive Chairman and an independent director of Q & M Dental Group (Singapore) Limited, listed on the SGX mainboard, where he sits on the Audit, Remuneration and Nomination committees. Previously, he also served on the board of UMS Holdings Ltd (also listed on the SGX mainboard) from 1 March 2008 to 29 April 2013.