Pay Cher Wee was appointed to the Board on 1 March 2016 and is the Chairman of the Audit Committee and a member Nominating and Remuneration Committees. Mr Pay possesses more than 25 years of experience in the audit, manufacturing, supply chain management, healthcare and private equity investment sectors. He is currently the Chief Financial Officer of Jurong Port Pte Ltd.
Prior to his current position at Jurong Port Pte Ltd, Mr Pay was one of the Founding Partners of Accion Capital Management Pte Ltd (“Accion”), a Monetary Authority of Singapore registered fund management company that was set up in 2009.
Before Mr Pay founded Accion, he was Executive Vice President of GKG Investment Holdings Pte Ltd, and was responsible for its private and public investments in China, Indonesia, Malaysia, Singapore and Vietnam. He was formerly the Chief Financial Officer of Raffles Medical Group Ltd and Venture Corporation Ltd, both listed on the Singapore Exchange. He began his career as an auditor at Deloitte & Touche. Mr Pay currently sits on the board of Rizhao Port Jurong Co., Ltd, a Hong Kong listed company, and several private companies in Singapore and China.
Mr Pay holds a Bachelor of Accountancy (Honours) degree from Nanyang Technological University. He was a Council Member and Honorary Treasurer of the Singapore Cancer Society from 2009 to 2015.