Business China appoints new Chief Executive Officer
With effect from 1 June 2011, former Economic Development Board (EDB) Director, Ms Low Yen Ling will succeed Mrs Josephine Teo as the new Chief Executive Officer of Business China. She is the third CEO of Business China, a non-profit organisation set up in November 2007. Ms Low’s predecessor, Mrs Josephine Teo relinquished the position on 20 May 2011 due to her new appointment as Minister of State for Ministry of Finance and Transport.
Prior to joining Business China, Ms Low was with EDB for ten years (2001 to 2011) and she played a significant role in building up the entrepreneurial landscape and professional services sector for EDB. During her tenure, she pioneered the new Singapore Welcome Centre for Corporates to draw Asian enterprises as well as global mid-sized companies to Singapore. Ms Low also spearheaded the Global Entrepolis@Singapore, a mega event which gathered thousands of entrepreneurs, venture capitalists and MNCs in Singapore.
Ms Low is effectively bilingual and bi-cultural. She relates very well to top Chinese business leaders and has good relationships with her Chinese counterparts at her previous career. Ms Low was elected as the Member of Parliament for Chua Chu Kang Group Representation Constituencies in May 2011. She is 37 years old, married with 2 children.
Business China’s Chairman, Mr Chua Thian Poh said, ”Yen Ling offers the unique blend of drive and creativity, demonstrating great enthusiasm in entrepreneurship. She has also built up a strong network with the top Chinese business leaders. With these qualities,I am confident she will inject new energy into the team and lead Business China to achieve new breakthroughs.”
Honoured by the new appointment, Ms Low Yen Ling said, “We have a unique bi-cultural and economic heritage that has grown over the years through the close Singapore-China relations fostered by our political and business leaders. I hope to build upon this legacy and to deepen our engagement. Business China is where an exciting confluence of economic, social, cultural and linguistic ties meets. I will work closely with the team and continue nurturing waves of young Singaporeans who embrace their bilingual and bicultural identity. They will be our future epitome of modern China-savvy individuals.”
Under the new leadership, Business China will continue to strive strengthening the bilateral ties between Singapore and China so as to sustain and grow the global connectivity of Singapore.
Issued on behalf of Business China Board of Directors
MS LOW YEN LING
CEO, Business China(as of 1 June 2011)
Yen Ling is an energetic individual whose passion for her work and creative ideas for change has seen her pioneer the new Singapore Welcome Centre for Corporates, as well as build up the entrepreneurial landscape and professional services sector for the Singapore Economic Development Board (EDB).
Yen Ling was at EDB for ten years (2001 to 2011) where she rose through the ranks to become Director for three divisions: Contact Singapore, Singapore Welcome Centre for Corporates and Professional Services. In her early days at EDB, Yen Ling often tapped upon her passion for entrepreneurship as an officer in the Enterprise Ecosystem Development division. She became the division Head in 2004 and was responsible for catalyzing the formation and growth of technopreneurial companies, venture capital and private equity industries. Her enthusiasm for entrepreneurship also led her to spearhead a mega-event, the Global Entrepolis @ Singapore that brought thousands of entrepreneurs, venture capitalists and MNCs together.
Her work in the entrepreneurial scene then naturally led her towards the work of attracting entrepreneurs and business owners including numerous Chinese business leaders to invest in Singapore. She also pioneered a new unit called the Singapore Welcome Centre for Corporates to draw Asian enterprises as well as global mid-sized companies to Singapore, as part of the implementation of Economic Strategies Committee recommendation. Yen Ling was also the lead secretariat of ESC Sub-committee for ‘Attracting and rooting MNCs, Asian enterprises and global mid-sized companies’. In addition, she also led the team to develop Singapore’s Professional Services sector covering areas such as accounting & audit, business & management consulting, communication services, human capital consulting and legal services.
Yen Ling was from a start-up company before she joined EDB in 2001. Prior to that, she was from the financial industry, handling commercial lending accounts for United Overseas Bank and Keppel Tat-Lee Bank.
Since 2010, Yen Ling has been involved in Meet the People sessions and grassroots activities at Chua Chu Kang GRC. She was elected as Member of Parliament of Chua Chu Kang GRC, representing the Bukit Gombak ward of residents in May 2011.
A graduate of Nanyang Technological University, Yen Ling holds a Bachelor of Business Second Upper Honours degree, majoring in Financial Analysis. She is an alumna of Temasek Junior College and Dunman High School.
Yen Ling is married with two children. While she enjoys sports like running and table tennis, she devotes much of her free time to her family and two young sons.