Age, Biography and Wiki

Ng Yat Chung was born on 1961 in State of Singapore, is a Singaporean business executive and former general. Discover Ng Yat Chung's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 63 years old?

Popular As N/A
Occupation N/A
Age 63 years old
Zodiac Sign
Born 1961, 1961
Birthday 1961
Birthplace State of Singapore
Nationality Singapore

We recommend you to check the complete list of Famous People born on 1961. He is a member of famous business executive with the age 63 years old group.

Ng Yat Chung Height, Weight & Measurements

At 63 years old, Ng Yat Chung height not available right now. We will update Ng Yat Chung's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
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Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Ng Yat Chung Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Ng Yat Chung worth at the age of 63 years old? Ng Yat Chung’s income source is mostly from being a successful business executive. He is from Singapore. We have estimated Ng Yat Chung's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income business executive

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Timeline

1921

Throughout his military career, he held various appointments, including the following: Commanding Officer, 21st Battalion Singapore Artillery; Assistant Chief of the General Staff (Plans); Commander, 3rd Singapore Infantry Brigade; Head, Joint Operations Department; Commander, 3rd Division; Director, Joint Operations and Planning Directorate; Chief of Staff (Joint Staff); Chief of Army.

1979

Ng enlisted in the Singapore Armed Forces (SAF) in 1979 and was commissioned as an artillery officer in December that year.

1980

He received the Singapore Armed Forces Overseas Scholarship for his undergraduate studies in 1980, and graduated in 1983 with a Bachelor of Arts (Honours) in engineering from Christ's College, Cambridge.

1987

After applying for an Oxbridge Master of Arts, in 1987 his BA was converted into an MA (not an earned master's degree).

He also holds a Master of Business Administration from Stanford University.

He attended the six-week Advanced Management Program at Harvard Business School, and graduated with a Master of Military Art and Science from the United States Army Command and General Staff College.

2003

Ng Yat Chung is a Singaporean former lieutenant-general who served as Chief of Defence Force between 2003 and 2007.

Ng received his secondary and pre-university education in Victoria School and Hwa Chong Junior College respectively.

He relinquished his appointment as the Chief of Army on 1 April 2003 and succeeded Lim Chuan Poh as the Chief of Defence Force (CDF).

As the CDF, Ng laid the blueprint for the 3rd Generation SAF by overseeing the development of new operational concepts to further integrate the Army, Navy and Air Force.

2004

He also commanded the SAF's humanitarian assistance and disaster relief response in Aceh and Phuket after the 2004 Indian Ocean earthquake and tsunami, as well as similar missions to Yogyakarta and Phitsanulok in 2006.

2007

He retired from the SAF on 23 March 2007 and was succeeded by Desmond Kuek as the CDF.

After leaving the military, Ng joined Temasek Holdings and was rotated in the company: Head of Energy & Resources; Co-Head of Australia & New Zealand & Co-Head of Strategy; Senior managing director.

2011

Ng joined the board of Neptune Orient Lines (NOL) as an Executive Director in May 2011 and was appointed Group President and Chief Executive Officer in October.

2016

On 9 June 2016, it was announced that Temasek would tender its NOL shares to CMA.

Ng cited NOL's lack of scale as the primary reason for its sale.

He subsequently received criticism for his failure to improve the company's performance over his years as CEO.

After the sale, Ng stayed on as Special Advisor from June 2016 to May 2017.

On 20 July 2016, Ng was appointed as an independent director of Singapore Press Holdings.

2017

On 19 May 2017, Reuters reported that CMA managed to turn NOL around, with NOL posting a $26 million net profit for Q1 2017.

On 1 September 2017, Ng was appointed CEO of SPH following his predecessor, Alan Chan's, retirement.

On 12 October 2017, Ng announced a retrenchment exercise.

Under his leadership, SPH's revenue had fallen from S$1,032 million in 2017 to S$865 million in 2020.

2020

In 2020, due to the confluence of factors such as the COVID-19 pandemic and the decline of print advertising, SPH recorded its first-ever loss of S$11.4 million.

At a press conference held on 6 May 2021, Ng and other SPH leaders announced that the company's media businesses, including major Singaporean broadsheets like The Straits Times and Lianhe Zaobao, would be spun off into a separate company limited by guarantee, operating as a not-for-profit entity.

This move would remove shareholders' pressure on the media unit to perform and be profitable.

Ng took offence when a CNA Digital reporter asked whether restructuring SPH's media businesses meant that the company would pivot to prioritising editorial integrity over advertising interests.

Ng's use of the word "umbrage" gained significant attention, with the word becoming the top searched term on Google in Singapore that day, spawning memes, parody advertisements, and merchandise.

Ng subsequently apologised for any offence that might have been caused by his comment.

After SPH delisted from the Singapore Exchange on the 13 May 2022, Ng, along with the directors serving alongside him, stepped down from his post on the 16 May 2022.

Ng was succeeded by Gerald Yong, former CapitaLand CEO (Special Projects).