He is a member of the Nominating Committee and was last re-elected on 28 April From to , he was a Director of PAMA Group where he was responsible for private equity investments and served as President from to Mr Beh was appointed an Independent Director on 6 May , and was last re-elected on 28 April Prior to that, he spent several years with Singapore Airlines holding various marketing management positions.
He also attended Executive Management programmes at Harvard and Oxford. Mr Tan was appointed an Independent Director on 28 January , and was last re-elected on 28 April Mr Tan has approximately 35 years of experience in the audit industry. Previous Tailored Opportunities Special benefits Next. Accor share. Financial data. Regulated information. Previous Periodic information Permanent information Next. Annual General Meeting. Individual shareholders.
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Close popin. As a former journalist, Ho had no prior experience in the hospitality industry. Instead, this rebellious youth who got thrown out of Stanford University inherited a conglomerate from his late father. In , he was thrust into heading the family business when his father suffered a stroke.
In an interview with Nikkei Asian Review , Ho said that his hotel business was born out of a passion to create a distinctive brand on which he could put his own stamp and add value. I never intended to be a hotelier. But Ho believed that it was possible to build a resort without a sandy attraction — despite a complete lack of interest from any company to manage it.
In his endeavour to attract guests to the hotel, Ho was inspired to build villas rather than rooms, each with its own swimming pool. Ultimately, he wanted guests to spend more time on the property, and not feel that they were missing out from a lack of beachfront. You have to experiment, you have to be open to the idea that things may, or may not work.
Over the years, devastating world events such as the outbreak of severe acute respiratory syndrome SARS in , the Southeast Asian tsunami of and financial crises of and , has created a set of business challenges for the firm. In , the Indian Ocean struck nine of the 20 resorts they had at the time, which greatly affected its business. Banyan Tree plunged into the red due to higher provisions for sketchy debt, the majority of which came from unpaid management fees by cash-strapped hotel owners in China.
Banyan Tree responded by cutting some of its 1, jobs in Singapore, Bangkok, Phuket and Shanghai early last year. In classical economics there are three factors of production: land, labour and capital. To me, the fourth factor of production — and therefore critically important as a business consideration — is time. The firm currently helms four brands under its name: Banyan Tree and Angsana, and the newly established Cassia and Dhawa.
Cassia offers serviced apartments, while Dhawa is a line of hotels catered for the younger, hipper, and design-conscious crowd launched in Recently, Banyan Tree became the first Asian hotel brand to enter Cuba when it opened a lifestyle resort on Cayo Santa Maria, a small island off the northern coast.
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