Corporate Governance

COMO Dempsey

The Singapore Land Authority Act (Cap.301) provides for the appointment of a Chairman, a Deputy Chairman and up to 20 other Board members.

Currently, the 14-member Board comprises appointees from both the public and private sectors, with expertise and experience in the following diverse fields: architecture, law, communications, business management, accounting practice, finance, regulatory compliance and government. Other than SLA’s Chief Executive, the rest of the Board are non-executive members.

The Board has appointed from amongst its members, four Board Committees (Audit, Human Resource, Finance and Investment and Technology Advisory), each with its own specific terms of reference.


The Audit Committee assists the Board in discharging its statutory responsibilities. It meets with SLA’s internal and external auditors to review their audit plans, audit observations and the annual audited financial statements.

Mr Philip Yuen

Mr Lai Huen Poh
Mr Ang Cheng Hock (until 29 April 2018)
Mr Yeoh Oon Jin (until 31 July 2017)
Ms Margaret Goh (with effect from 1 August 2017)
Ms Marina Chin (with effect from 21 September 2018)


The Human Resource Committee is responsible to the Board in ensuring that the Authority adopts sound, fair and competitive human resource policies and assists the Board with the development, succession planning and compensation framework.

Mr Lim Sim Seng

Mr Tan Boon Khai
Mr Han Kok Juan
Mr Walter Fernandez
Mr Ho Chee Pong


The Finance and Investment Committee assists the Board in reviewing the Authority’s budget and spending, and strengthening its financial policies, so as to drive financial discipline and ensure financial sustainability in the long run. In addition, the committee reviews and strengthens the Authority’s investment policies and monitor investment performance, balancing risk and returns.

Mr Yeoh Oon Jin (with effect from 1 August 2017)
Mr Tham Kui Seng (until 31 July 2017)

Mr Tan Boon Khai
Mr Han Kok Juan
Ms Lock Yin Mei


The Technology Advisory Committee assists the Board in guiding and overseeing the Authority’s technology strategies and overall direction for meaningful and innovative use of technologies to support SLA’s functions and services.

Dr Chong Yoke Sin

Mr Tan Boon Khai
Mr Tham Kui Seng (until 31 July 2017)
Mr Mok Wei Wei
Mr Loh Lik Peng (with effect from 1 August 2017)


SLA has implemented the Enterprise Risk Management (ERM) framework within the organisation. The ERM framework is a structured process to better anticipate, identify and manage risks that may have an impact on business objectives and stakeholders’ value. The ERM process comprises the following:

  • Identify and assess risks
  • Develop the organisation’s risk profile and response
  • Monitor and report risks and controls

The risk management process has been integrated with SLA’s internal audit plan. Risk management within SLA is a continuous and developing process. The risks, controls and their indicators are reviewed on a regular basis to ensure continued relevance to the changing business environment.


The Internal Audit Department is an independent function that reports directly to the Chairman of the Audit Committee and administratively to the Chief Executive. A risk-based approach is used to develop the annual audit plan to ensure that all divisions/departments within SLA are reviewed at appropriate intervals to ensure alignment with corporate objectives and good governance practices. The audit plans are reviewed and approved by the Audit Committee.


Ernst & Young LLP was appointed by the Minister for Law in consultation with the Auditor-General for audit of SLA’s annual financial statements. The Auditor presents its audit plan annually to the Audit Committee. Following the audit, the Auditor reports its findings on significant audit, accounting and internal control issues and recommends improvements.