Board of Directors

Mr Ma Zhaoyang was appointed as a Director of International Cement Group Ltd. (“ICG”) on 5 November 2015 and was last re-elected on 26 April 2024. He currently holds the position of Executive Chairman in ICG.

Mr Ma served as Chairman of Sino Vanadium Inc., a vanadium mining company, from 2009 to 2018. He was also a Non-Executive Director of Taihua PLC from 2006 to 2018, and an Independent Non-Executive Director of Xian Kaiyuan Holding Group Co Limited from 2006 to 2012.

He is currently a Non-Executive Director of West China Cement Limited (“WCC”), a company listed on the Hong Kong Stock Exchange since 2010. WCC specialises in producing and distributing cement products and is one of the leading cement producers in China’s Shaanxi province.

Mr Ma received a Master’s degree (1998) and a Doctorate (2009), both in Management, from the Northwestern Polytechnic University (Shaanxi, China). He was also an Associate Professor of Management at the University from 1996 until February 2019.

Mr Zhang Zengtao was appointed as a Director of ICG on 5 November 2015 and was last re-elected on 28 April 2022. He is the Chief Executive Officer and Executive Director of ICG.

He has extensive management expertise in the cement business gained through his years as an employee of the WCC group of companies. From 2007 to 2014, Mr Zhang held different roles in Yaobai Special Cement Group Co., Ltd, WCC’s wholly-owned subsidiary.

Mr Zhang graduated from Xi’an Jiaotong University in October 2011 with a Master of Business Administration.

Mr Chng Beng Hua was appointed as a Director of ICG on 30 May 2018 and was last re-elected on 27 April 2023. He is an Executive Director of ICG.

He has extensive experience in the area of finance and real estate development and served as an Independent Director of Hong Leong Finance Limited from 2000 until 2021.

Mr Chng holds a Bachelor’s degree in Business Administration (Finance) from the University of Texas, Austin.

Mr Peng Bengang was appointed as a Director of ICG on 1 January 2026. He is an Executive Director of ICG.

Mr Peng founded Sichuan Hengbang Group in 2001 where he has long served as President and Executive Director. Under his leadership, the Group has developed into a diversified conglomerate with core businesses covering energy, real estate and hospitality development and investment, as well as private equity investment. He possesses extensive experience and deep industry networks in industrial investment, new energy sector investment, and corporate merger and acquisition integration, as well as proven expertise in corporate strategic planning and governance optimisation.

Mr Peng holds an Associate Degree in Industrial and Civil Engineering from the Southwest University of Science and Technology. He also completed the prestigious Science and Technology Entrepreneur Program from the PBC School of Finance, Tsinghua University and Leading the Future: CEO Program from the Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University.

Mr Wong Loke Tan was appointed as an Independent Director of ICG on 31 December 2019 and was last re-elected on 27 April 2023. He is also the Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee.

He has over 30 years of experience in banking, last holding a Senior Vice President position at Maybank Singapore in 2016. His expertise includes syndicated loans, project financing, structured trade financing, and mergers and acquisitions. Mr Wong is particularly known in the business community for his extensive network and strong rapport with Singapore SMEs. Mr Wong remains active in the SME and Corporate business circle.

Mr Wong holds a Master of Business Administration from Brunel University, and an Executive Diploma in Directorship from the Singapore Management University and the Singapore Institute of Directors.

Mr Ng Kian Guan was appointed as an Independent Director of ICG on 25 June 2021 and was last re-elected on 28 April 2022. He was appointed as the Lead Independent Director of ICG on 16 September 2024. He is also the Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee.

Mr Ng has over 30 years of experience in banking and finance with strong expertise in credit and marketing. He was the Deputy Chief Executive Officer of Maybank Singapore from August 2014 to June 2021, while serving simultaneously as the Head of Corporate Office from September 2011 to December 2018. Prior to this, he led and oversaw various portfolios at the bank including Corporate Banking, Risk Management, Remedial Management and Group Credit Management.

Mr Ng holds a Bachelor of Business Administration from the National University of Singapore. He also holds an Executive Diploma in Directorship from the Singapore Management University and Singapore Institute of Directors (“SID”) and is an Accredited Director under the SID Accreditation Framework.

Mr Tan Chao Hsiung David was appointed as an Independent Director of ICG on 15 December 2023 and was last re-elected on 26 April 2024. He is also the Chairman of the Remuneration Committee and a member of the Audit Committee and Nominating Committee.

Mr Tan has over 20 years of experience in the banking and finance industry and has held senior management positions in both local and foreign financial institutions.

Mr Tan holds a Master of Commerce (specialising in finance) from the University of New South Wales and a Bachelor of Economics (Accountancy) from Macquarie University. He is also a Fellow Certified Practising Accountant (“CPA”) Australia.

Mr. Lee Chow Soon was appointed as an Independent Director on 30 December 2024. He is also a member of the Audit Committee.

A practicing Advocate & Solicitor since October 1980, Mr. Lee is the Senior Partner of Tan Lee & Partners, where he has built a career specializing in commercial and corporate law, property law, and construction law.

Mr. Lee served as a Director of Broadway Industrial Group Limited from 1997 to 2020, during which he also held the position of Chairman of the Audit Committee.

Mr. Lee’s community contributions include serving as Chairman of the Board of Trustees for the Woodbridge Hospital Charity Fund and being a Member of the Investigation and Disciplinary Panel Committee of the Institute of Singapore Chartered Accountants since 1989. He has also served as a Justice of the Peace (2003–2018), Referee for the Small Claim Tribunal (2007 – 2018) and Member and Chairman of the Citizenship Committee of Inquiry (1985–2018).

Mr. Lee graduated with an LLB (Hons) from the University of Singapore in 1974 and an LLB from the University of London in 1967. He was awarded with the PBM and BBM awards in 1998 and 2006 respectively.