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CEOs win Entrepreneur award

SINGAPORE

They are Mr John Tan, Chief Executive of ACR Capital Holdings; Ms Olivia Lum, Group CEO of Hyflux; and Dr Ng Chin Siau, CEO of Q&M Dental Group.

One of the three will be Singapore’s representative at the Ernst & Young World Entrepreneur of the Year awards to be held in Monte Carlo next year. He or she will be announced at the Ernst & Young Awards Gala here on Dec 2.

E&Y said an independent judging panel selected the winners from a pool of over 50 nominations based on their merits in fulfilling six criteria.

These include entrepreneurial spirit, innovation, personal integrity and influence, financial performance, strategic direction and global impact.

Country managing partner at Ernst & Young, Mr Steven Phan, says the three winners are exceptional first-generation entrepreneurs who have created compelling business propositions in very niche areas.

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This is the first time in the nine-year history of the awards programme that it has received nominations in such diverse fields as dental healthcare and reinsurance, he added.

Mr Phan said the nominations reflected the diversity of entrepreneurial talent in Singapore and the attractiveness of Singapore as a start-up and investment location.— Three chief executives have been named winners of the Ernst & Young Entrepreneur of the Year awards for 2010.

Jonathan Peeris