Ezra Holdings Limited, a Singapore-based contractor and provider of integrated offshore solutions to the oil and gas industry, announced on December 11 that the Group’s non-executive chairman, Koh Poh Tiong, will step down with effect from February 1, 2016.
The company said Koh would also relinquish his role as senior advisor to the Group which would enable him to focus on his work with the other organisations that he is involved in.
Koh has joined Ezra’s Board as non-executive vice chairman and senior advisor in 2011 and led the Group since the beginning of 2013.
Succeeding him is Group founder Lee Kian Soo, who will assume the position of non-executive chairman.
During his time in Ezra, Koh Poh Tiong strengthened corporate processes and controls for risk management and decision making, and a restructuring to bring sharper focus on the Group’s core businesses, said the company.
His tenure saw the listing of Triyards Holdings Limited in 2012 and the consolidation of EMAS Marine division into EOC Limited, forming EMAS Offshore Limited in 2014. In addition, the Group’s subsea construction flagship vessel, Lewek Constellation, was completed.
Incoming chairman Lee Kian Soo Lee has been in the shipping and offshore support services industry for more than 40 years, and in 1992, he founded Ezra. He is currently the chairman of the Boards of EMAS Offshore Limited and Triyards Holdings Limited, both subsidiaries of Ezra.
Lee Kian Soo said: “Mr Koh has been instrumental in strengthening corporate processes and introducing strategic initiatives within Ezra, and this will hold us in good stead for the future.”