Board of Directors

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Seated from left:
Ms Saw Phaik Hwa, Dr Henry Tay

Standing from left:
Mr Jeffry Lee, Mr Pascal Demierre, Mr Kuah Boon Wee, Mr Michael Tay, Mr Philip Eng, Dr Kenny Chan, Mr Liew Choon Wei

  • Dr Henry Tay Yun Chwan
    Executive Chairman
    Dr Henry Tay was appointed Executive Chairman of The Hour Glass Limited in October 1987, having served as an Executive Director since 11 August 1979. Dr Tay graduated with a MBBS (Honours) from Monash University, Melbourne and prior to founding The Hour Glass in 1979, was both a Medical Practitioner as well as partner in Lee Chay & Co., one of Singapore’s earliest watch retail companies.

    From 1986 to 2001, Dr Tay was Executive Chairman of a group of companies whose businesses were in the distribution and retail of Burberry in the Asia Pacific region. Dr Tay was an Independent Director and Chairman of the Audit Committee of UOB Kay Hian Holdings Limited. He also holds directorships in several private companies focused on investments, real estate development, food and beverage and entertainment businesses.

    Dr Tay served as a Committee Member of the Community Chest from 1992 and was appointed Vice Chairman from 1994 to 2004. An active fundraiser for various charitable organisations, Dr Tay has received many public service awards including the Friends of MCDS (Ministry of Community Development and Sports) Award in 2002 and the President’s Social Service Award in August 2005. He also received the Community Chest Special Recognition Award presented by the President of the Republic of Singapore in September 2015.

    Dr Tay was the Founder President of the Hong Kong – Singapore Business Association from 1994 to 2000 and is presently its Honorary President. He has also served as a board member of the Singapore Tourism Board, and Patron of the Singapore Kennel Club.
  • Dr Kenny Chan Swee Kheng
    Group Managing Director
    Dr Kenny Chan became a member of the Board of The Hour Glass Limited on 1 April 2004. He joined as the Group Chief Operating Officer in 2002 and was appointed as Managing Director of the Company on 1 April 2004. In June 2009, he was re-designated to Group Managing Director of The Hour Glass Limited.

    A graduate of Monash University with a MBBS (Honours), Dr Chan has over 25 years of experience in the luxury goods industry. Prior to his joining The Hour Glass, he was the Managing Director of Burberry Singapore and Burberry Australia, companies that formed part of a group that was the exclusive distributor and agent of Burberry.

    Dr Chan serves as a Council Member of the Singapore Retailers Association.
  • Mr Michael Tay Wee Jin
    Group Managing Director
    Mr Michael Tay was appointed Group Managing Director on 1 April 2015, having been The Hour Glass’ Executive Director since 2005. He first joined the Company in January 1999 as its Business Re-Engineering Manager.

    Mr Tay has developed extensive watch industry experience having headed multiple facets of The Hour Glass’ business from specialty watch manufacturing to wholesale channel distribution and greenfield retail development.

    He is a member of the cultural committee of the Fondation de la Haute Horlogerie, a member of the jury for the Grand Prix d’ Horlogerie de Geneve and a member of the jury for the FP Journe young talent competition. He is a member of the governing council for the NTU Centre for Contemporary Art, an advisory board member of Art Basel Cities and also serves on the board of STPI, institutions engaged in the advancement of the visual arts sector.

    Mr Tay graduated from Oxford Brookes University, United Kingdom with a First Class (Honours) in Business and International Management.
  • Mr Philip Eng Heng Nee
    Independent Non-Executive Director
    Mr Philip Eng joined the Board of The Hour Glass Limited on 1 October 2009 as an independent Director. Mr Eng is the Chairman of the Company’s Audit Committee and a member of its Remuneration Committee.

    Mr Eng is also the Non-Executive Director of Frasers Property Limited as well as a Non-Executive Director of Frasers Centrepoint Asset Management Ltd (Chairman from 23 April 2009 until February 2018). In addition, he is Singapore’s High Commissioner to Canada. Prior to this, Mr Eng spent 23 years with the Jardine Cycle & Carriage Group before retiring in February 2005 as Group Managing Director. He also serves on the board of several local and regional companies notably the SingHealth Group.

    Mr Eng graduated from the University of New South Wales with a Bachelor of Commerce in Accountancy and is an Associate Member of the Institute of Chartered Accountants in Australia.
  • Mr Pascal Guy Chung Wei Demierre
    Independent Non-Executive Director
    Mr Demierre joined the Board of The Hour Glass Limited on 1 April 2011 as an independent Director and serves as a member of the Company’s Nominating and Remuneration Committees.

    Mr Demierre has been the Executive Director of Halcyon Agri Corporation Limited, a company listed on the Mainboard of the Singapore Exchange, since 8 July 2010. He also sits on the Board of Council Members, and hold the post of Treasurer, at the Alliance Francaise de Singapour.

    Mr Demierre graduated from King’s College, London with an Upper Second Class (Honours) in Law and obtained a Graduate Diploma in Law from the National University of Singapore.
  • Mr Kuah Boon Wee
    Independent Non-Executive Director
    Mr Kuah was appointed to the Board of The Hour Glass Limited on 1 April 2011 as an independent Director. He is the Chairman of the Company’s Nominating and Remuneration Committees and a member of the Company’s Audit Committee.

    Mr Kuah is the Group Chief Executive Officer of MTQ Corporation Limited. He is also a Non- Executive, Independent Director of UOB-Kay Hian Holdings Limited and Chairman of the Audit Committee and member of its Remuneration Committee. He had served as CEO for South East Asia and Singapore Terminals as well as Chief Financial Officer of PSA International Pte Ltd.

    Mr Kuah is a qualified chartered accountant from the ICAEW and graduated with a Bachelor of Engineering degree from the Imperial College of Science and Technology.
  • Ms Saw Phaik Hwa
    Independent Non-Executive Director
    Ms Saw joined the Board of The Hour Glass Limited on 1 September 2012 as an independent Director and serves as a member of the Company’s Audit Committee.

    Ms Saw is the Chairman of the Board of SISTIC.com Pte Ltd. She is also a Director of Globe Telecom Inc., and serves as a Board Member of The Esplanade Co. Ltd and Tan Tock Seng Hospital Community Fund. She is also the Honorary Advisor of Singapore Wushu Dragon and Lion Dance Federation and President of the Singapore Jian Chuan Tai Chi Chuan Physical Culture Association. She was formerly the Group Chief Executive Officer of Auric Pacific Group Limited, Chief Executive Officer of SMRT Corporation Limited, President for DFS South East Asia and a Board Member of Singapore Management University.

    Ms Saw Phaik Hwa graduated with an Honours degree in Biochemistry from the University of Singapore and attended an Advanced Management Programme at the University of Hawaii.
  • Mr Liew Choon Wei
    Independent Non-Executive Director
    Mr Liew was appointed to the Board of The Hour Glass Limited on 1 April 2017 as an independent Director and serves as a member of the Company’s Audit and Remuneration Committees.

    Mr Liew is an Independent Non-Executive Director of Halcyon Agri Corporation Limited since 1 October 2014 and an Independent Non-Executive Director of F J Benjamin Holdings Ltd. He is an Independent Non-Executive Director of Frasers Hospitality Asset Management Pte. Ltd. and Frasers Hospitality Trust Management Pte. Ltd., respectively. The former and latter are the manager of the real estate investment trust (REIT) and the trustee-manager of the business trust (BT), of which the REIT and BT comprise the stapled group, Frasers Hospitality Trust. Mr Liew is also the Chairman of the Internal Audit Committee of Kuok (Singapore) Ltd.

    Mr Liew was with an international public accounting firm for more than 30 years before retiring in 2013 as an Audit Partner. He is a retired Fellow of the Association of Chartered Certified Accountants, UK and a Chartered Accountant of Singapore.
  • Mr Jeffry Lee Yu Chern
    Independent Non-Executive Director
    Mr Lee joined the Board of The Hour Glass Limited on 1 October 2017 as an independent Director and serves as a member of the Company’s Nominating Committee. Mr Lee is the Senior Vice President of HPL Properties Pte Ltd since December 1988, a wholly-owned subsidiary of Hotel Properties Limited. Prior to joining HPL Properties Pte Ltd, he was an economic research analyst at Jacob Ballas & Co Stockbrokers.

    Mr Lee graduated from Loughborough University with a Bachelor of Science degree.

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