Mediacorp appoints Niam Chiang Meng to succeed Ernest Wong as Chairman from 21 April 2018, after Mr Wong completes his two-year term on the Mediacorp Board on 20 April 2018
SINGAPORE, 19 January 2018 — Mediacorp today announced the appointment of Mr Niam Chiang Meng as Chairman with effect from 21 April 2018. Mr Niam, 59, was appointed as a director of the Mediacorp Board in November 2016. He chairs the company’s Public Service Broadcasting (PSB) Board Committee and is a member of its Executive Committee and its Nomination and Remuneration Committee.
Besides serving on the Mediacorp Board, Mr Niam is Chairman of the Maritime and Port Authority of Singapore (MPA) and Board Member of Inland Revenue Authority of Singapore. Before this, he was Chairman of the then-Media Development Authority from 2011 to 2016. He held key positions over a long career in the civil service including Permanent Secretary (Information, Communications and the Arts) and Permanent Secretary (National Population and Talent Division), Prime Minister's Office, before retiring in 2016.
Of his appointment Mr Niam said, “I’ve worked with Mediacorp in various capacities over the years and it never ceases to amaze me how talented, passionate and dedicated its people are. I look forward to working with the team and our partners in the ecosystem to ensure that Mediacorp delivers great content to our consumers and harnesses the opportunities created by digital disruption and new consumer trends. As we do this, Mediacorp will remain committed to its public service broadcasting responsibilities, a commitment underscored by the establishment of the new PSB Board Committee that I chair.”
He added, “I am honoured and humbled to take over as Chairman of Mediacorp, our national broadcaster. On behalf of Mediacorp, I thank my predecessor Mr Ernest Wong for his invaluable contributions and guidance during his term as Chairman. Drawing on his strong track record of corporate and financial management, Ernest has positioned the company well for its next phase of growth and development in the digital age.”
Mr Wong, 72, will complete his two-year term with the Mediacorp Board on 20 April 2018. During his term as Chairman, he was tasked to prepare the company for a digital future. A veteran banker, Mr Wong was United Overseas Bank Group President from 1990 to 2000 when he left to join Mediacorp as its Group CEO, a role he held for five years.
Under Mr Wong’s chairmanship, Mediacorp has put in place a stronger foundation to better position itself for the future. In 2017, as part of a broader corporate restructuring, Mediacorp assumed full ownership of Mediacorp TV Holdings, which owns Channels 5, 8 and U and Mediacorp Studios, as well as Mediacorp Press which operates TODAY. In a transaction completed last year, Mediacorp bought minority shareholdings held by Singapore Press Holdings in the two entities. Mr Wong also guided the board in making improvements to the company’s financial structure. He oversaw the appointment of Ms Tham Loke Kheng as CEO in September 2017 to lead Mediacorp’s transformation journey as Singapore’s national broadcaster.
“Chiang Meng is a strong pair of hands and the natural choice for Mediacorp Chairman,” said Mr Wong. “Mediacorp has benefitted from his vast experience, deep insights to the media industry and understanding of public service since he joined the board. It is timely that he steps up to helm the board now, as the company sharpens its focus on consumers and on increasing its relevance in a digital age. I am confident that the company will continue to thrive under Chiang Meng’s stewardship as Chairman, with the able support of the Board and Management of Mediacorp.”
Mr Wong added, “On my part it is gratifying to know that what needed to be done has so far been done or set in motion. It’s now timely for a younger Chairman to take over.”
Head, Brand and Communications
Mediacorp has the widest range of media platforms in Singapore spanning digital, television, radio, print and out-of-home media. Its mission is to engage, entertain and enrich audiences by harnessing the power of creativity.
Mediacorp pioneered the development of Singapore’s broadcasting industry, with the radio broadcast in 1936 and television broadcast in 1963. Today, the company has over 50 products and brands in four languages (English, Mandarin, Malay and Tamil), reaching out to virtually all adults in Singapore weekly.
Mediacorp is an active regional player through Channel NewsAsia International, drama co-productions and collaborations in magazine publishing and online media. Its investments include majority share in Kapanlagi Network, Indonesia’s largest independent digital media as well as stakes in Reebonz, one of the region’s fastest growing luxury online retailers and Vietnam television’s International Media Corporation.
Mediacorp was named Terrestrial Broadcaster of the Year for the 14th time at the Asian Television Awards in 2017.
For more information, please visit mediacorp.sg