Keppel Elects New Executive Chair

Keppel Corp. Limited and Keppel TatLee Bank Limited have appointed Lim Chee Onn as executive chairman upon the retirement of Sim Kee Boon, effective January 1, 2000. Boon will continue to act as senior advisor to the Keppel Group. Onn, who holds a BSc in Naval Architecture from the University of Glasgow and a Masters in Public Administration from Harvard University, has been senior executive director of Keppel Corp. since September 1983.