The Board of FSLTM, as Trustee-Manager of FSL Trust, comprises individuals with a broad range of commercial expertise including expertise in the structured finance and shipping industry. The Board has five Directors, three of whom are independent.
Mr Wong Meng Meng graduated from the University of Singapore and was admitted to the Singapore Bar in 1972. He was among the pioneer batch of Senior Counsels appointed in January 1997.
Mr Wong is a consultant with WongPartnership LLP, which he founded in 1992. He is an accredited arbitrator with various professional and jurisdictional institutions. He now acts mainly as arbitrator or counsel in selected cases.
Mr Wong is an accredited adjudicator under the Building & Construction Industry Security of Payment Act 2004, and a member of the Competition Appeal Board set up to handle appeals concerning the Competition Act. Mr Wong sits on the Board of several public and other companies including United Overseas Bank Limited and Mapletree Logistics Trust Management Ltd. He is also a member of the Advisory Board of the Faculty of Law, National University of Singapore and a member of the Senate of the Singapore Academy of Law. Mr Wong is the President of the Council of The Law Society of Singapore. He had served previously as a member of the Military Court of Appeal.
Mr Wong has consistently been identified as one of the world’s leading lawyers in leading dictionaries such as The International Who’s Who of Commercial Litigators, The Guide to the World’s Leading Experts in Commercial Arbitration, AsiaLaw Leading Lawyers, amongst others.
Mr Phang Thim Fatt is currently Deputy Managing Director and Chief Financial Officer of BOC Aviation Pte. Ltd., a wholly owned subsidiary of Bank of China and the largest aircraft lessor based in Asia. He has extensive experience in leasing solutions for the aviation industry as well as in corporate finance, treasury management and risk controls. He joined BOC Aviation in 1996 after 17 years with the treasury department in Singapore Airlines.
Mr Phang holds a Bachelor of Economics (First Class Honours) from the University of Malaya.
Mr Michael John Montesano III is Visiting Research Fellow at the Institute of Southeast Asian Studies in Singapore. He is completing a book on the history of the Thai economy. He also comments regularly in the media on Thai and Southeast Asian affairs.
Mr Montesano served as a lecturer in Southeast Asian Studies at the National University of Singapore from 1999 to 2008. He earned a doctorate in Southeast Asian history at Cornell University. He was also educated at Yale University and at the University of the Philippines College of Agriculture at Los Baños. Mr Montesano first came to Southeast Asia in the early 1980s. He has written widely on the region’s modern social, economic and business history as well as its politics.
Mr Philip Clausius is responsible for the general management of the business with an overall responsibility for Trustee-Manager's performance. He has 18 years of financial and operational experience in the shipping industry. He co-founded First Ship Lease Ltd. in 2002, and oversaw the constitution of First Ship Lease Trust and its successful listing on the Mainboard of SGX in March 2007. He currently sits on the Advisory Panel of the Singapore Maritime Foundation.
Mr Clausius was formerly the Director of Business Development at Schoeller Holdings Ltd., Cyprus between 1997 and 2003, where he was responsible for developing the company’s long-term financing and investment strategy. Prior to this, he founded Philco Security Ltd., a Greek marine insurance and ship broking firm in 1996 and was its Managing Director. Between 1992 and 1995, he held the position of Director of International Broking at Hubertus Clausius, a German marine insurance broker with special expertise in marine hull and liability insurance products.
Mr Clausius holds a “Diplom – Betriebswirt,” the German equivalent of a graduate degree in Business Administration from the European Business School, Germany.
Mr Cheong Chee Tham is responsible for the financing, treasury and accounting functions of the Trustee-Manager’s operation.
Mr Cheong has more than 18 years of experience in accounting, leasing and asset financing. He spent more than 12 years with the Singapore Airlines (“SIA”) Group (1989 to 1997, 2001 to 2005).
Prior to joining the Sponsor, Mr Cheong was responsible for raising long-term financing for the freighter acquisition programme as well as the financial reporting for SIA Cargo Pte. Ltd., a wholly-owned subsidiary of SIA. He joined the Sponsor in 2005 as the Chief Financial Officer.
Mr Cheong holds a Master of Applied Finance degree from Macquarie University, Australia and a Bachelor of Accountancy (Second Class Honours) degree from the National University of Singapore.