David M. Turnbull

Chairman

Mr. Turnbull joined the Pacific Basin Board as an INED in 2006 and was appointed Chairman and an Executive Director in 2008. He previously spent 30 years with the Swire Group where he held various senior management positions. He was chairman of Swire's Hong Kong-listed companies Swire Pacific, Cathay Pacific Airways and Hong Kong Aircraft Engineering Company and was a non-executive director of London AIM-listed Greka Drilling Limited between February 2011 to October 2017.

Cambridge University: Master of Arts degree in Economics

Appointed INED in May 2006
Appointed Chairman in January 2008 and Executive Director in July 2008
Current term expires at the 2020 AGM

Non-executive director of London-listed G3 Exploration Limited
INED of Hong Kong-listed The Wharf (Holdings) Limited

Executive Committee

The Chairman oversees the executive team and meets regularly with the CEO to discuss the operations of the Group. He has in the past provided continuity of management during periods of change, hence safeguarding long-term management leadership. The Chairman is responsible for reviewing proposed plans for the Group prior to presentation to the Board. His review focuses on the long term strategic matters such as capital structure and fleet growth as well as the more immediate operational matters related to debt levels, cash flow, cash balances, risk assessment, other required capital expenditure as well as shareholder considerations.