FSL Trust Management Pte. Ltd. (FSLTM), as trusteemanager of First Ship Lease Trust (FSL Trust), has announced the appointment of Michael G Gray as Independent Director of FSL Trust, effective immediately. Gray is also appointed as the new Chairman of the Board’s Audit Committee with immediate effect.
Gray is a qualified accountant with 35 years’ experience in professional practice across a number of international markets. He trained as a Chartered Account with Coopers & Lybrand in the United Kingdom and moved to Coopers & Lybrand Singapore in 1978, retiring from the merged firm of PricewaterhouseCoopers in 2004. During this time he founded the PricewaterhouseCoopers practice in Indochina and was the Territorial Senior Partner for eight years thereafter. Prior to practicing as an accountant, he spent ten years in the shipping industry as an officer in the Merchant Navy and obtained a BSc in Maritime Studies from the University of Plymouth.
Gray is an active member of the Singapore Institute of Directors, where he is a member of the Publications Committee and former editor of the SID Bulletin. He is also an Independent Director and Chairman of Audit Committee for a number of other Singapore publicly-listed companies. He has been actively involved in Singapore’s transport industry, and was Chairman of the Chartered Institute of Transport and Deputy Chairman of Singapore’s Public Transport Council, where he served for 14 years. A Singapore citizen who has been very involved in public service, Gray has held many positions in the Boards of various Voluntary Welfare Organizations (VWOs), served on a number of government committees, and was also involved for many years in grassroots organizations. Mr Gray received a Public Service Medal (P.B.M.) from the Singapore Government in 1992, the Public Service Star (B.B.M.) in 1999 and the Public Service Star Bar (B.B.M. [L]) in 2010.