SINGAPORE Dec 20 Industrial conglomerate
Sembcorp Industries Ltd named Neil McGregor, a senior
official at Singapore state investor Temasek, as its new chief
executive from April.
At present, McMcGregor is the senior managing director and
head of energy and resources at Temasek International. He will
succeed Tang Kin Fei, who is retiring after 30 years with the
Temasek holds a stake of almost 50 percent in Sembcorp
Industries. Sembcorp Industries is the largest shareholder in
rig builder Sembcorp Marine, which has been hit by a
slump in orders due to the downturn in the energy market.
(Reporting by Aradhana Aravindan; Editing by Sherry