The Company
Board of Directors
Chow Wai San, 52
Independent Non-Executive Chairman
Mr. Chow, a Singapore citizen, was appointed as an Independent Director of Nippecraft Limited on 26 October 2016. He is also the Chairman of the Audit Committee and a member of both Nominating Committee and Remuneration Committee.
Currently, the Managing Director of Aquifer Consulting Pte Ltd, a corporate advisory firm, Mr. Chow also serves as an Independent Director of both Universal Resource and Services Limited and ASTI Holdings Limited.
Having started his career in one of the big four accounting firms, he moved on to a boutique corporate advisory firm. Overall, Mr. Chow has over 20 years of professional experience in various corporate advisory work, including cross-border corporate restructuring, mergers and acquisitions as well as litigation consultancy and support.
After graduating from Nanyang Technological University of Singapore with a Bachelor of Accountancy, Mr. Chow went on to become a Chartered Financial Analyst, a globally-recognised professional designation awarded by the CFP Institute. He is a member of CFA Insitute, both the Institute of Singapore Chartered Accountants and CPA Australia as well as an ordinary member of the Singapore Institute of Directors.
Raja Hayat, 52
Executive Director and Chief Executive Officer
Mr. Hayat, a British citizen, was re-designated as Executive Director and Chief Executive Officer of the Company on 1 March 2022. He was appointed as the Executive Director and Interim Chief Executive Officer from 1 January 2021 to 28 February 2022. He joined the Group as the Managing Director of Collins Debden Limited on 19 June 2017.
Mr. Hayat has extensive retail management experience of more than 30 years in the UK and Internationally. He worked for Optical Express from 1995 to 2004 as a Regional Manager.
He left and joined Vision Express as the Regional Manager for one year before returning to Optical Express where he worked as the Regional Director from 2005 to 2008. From 2008 to 2010 he joined Alshaya Group in Kuwait and managed operations of six countries in the Middle East. From 2010 to 2017, Mr. Hayat worked as the Divisional Director for the Change Group, a retail foreign exchange company, where he was responsible for northern Europe and the USA.
Mr. Hayat holds a General Cambridge Examination Advance Level Certificate and is an associate member of the Singapore Institute of Directors
Chan Cheng Fei, 53
Executive Director and Chief Financial Officer
Mr. Chan, a Singapore citizen, was appointed as an Executive Director on 1 January 2021. He joined the Group as the Managing Director of Paperich Pte Ltd on 6 June 2018 and was subsequently appointed as the Chief Financial Officer of Nippecraft Limited on 29 June 2018. He has direct oversight of the functions of treasury, financial reporting and control, risk management, tax and compliance matter of the Group.
Prior to joining Nippecraft Limited, Mr. Chan has served more than 25 years in both corporate and operational finance roles in companies listed on the Singapore Exchange.
Mr. Chan obtained both his Master of Business Administration and Bachelor of Accountancy from the Nanyang Technological University of Singapore. He is a Fellow Chartered Accountant of Singapore and an associate member of the Singapore Institute of Directors.
Raymond Lam Kuo Wei, 47
Independent Director
Mr. Lam, a Singapore citizen, was appointed as an Independent Director of Nippecraft Limited on 30 July 2021. He is the Chairman of the Remuneration Committee and a member of both the Audit Committee and the Nominating Committee.
Mr. Lam is a lawyer at Drew & Napier LLC and is currently the Chief Operating Officer of Drew Network Asia and Head of Business Development at Drew & Napier LLC. He is also an Independent Director of both XMH Holdings Ltd and ASTI Holdings Limited
Mr. Lam graduated from the National University of Singapore with a Bachelor of Laws (LLB). He was admitted to the Singapore Bar in 2002 and admitted as a Solicitor in England & Wales in 2008. He is a Notary Public and a Commissioner for Oaths. Mr. Lam is a Fellow of the Chartered Secretaries Institute of Singapore and is currently the Chairman of its Management Council. He is also an ordinary member of the Singapore Institute of Directors.
Eddie Foo Toon Ee, 52
Independent Director
Mr. Foo, a Singapore citizen, was appointed as an Independent Director of Nippecraft Limited on 15 March 2024. He is the Chairman of the Nominating Committee and a member of both the Audit Committee and Remuneration Committee.
Currently, Mr. Foo is the Group Chief Financial Officer (“CFO”) of CSE Global Limited, a public listed company on the SGX. Prior to joining CSE Global Limited, he was the Group CFO at ECS Holdings Limited. Mr. Foo has over 25 years of financial management, corporate finance and merger and acquisitions experience in listed and multinational companies. Mr. Foo holds a Bachelor of Accountancy from Nanyang Technological University. He is a member of the Institute of Singapore Chartered Accountants and CPA Australia as well as an ordinary member of the Singapore Institute of Directors.