Juggling Multiple Companies At Once
Most Singaporeans can relate to this situation: Working long hours at a single job, but taking home a wage at the end of every month that barely makes ends meet. After deducting the various bill payments and necessities, you’ll be lucky to have anything left to tide you over till the next payday.
But there’s a rare breed of people who are nothing like us.
These people have incomprehensibly extensive resumes, helming multiple organisations — some go up to 15 positions.
You read that right, one person having 15 jobs, all of them powerful ones close to the top of an organisation.
We would think that all these rare breeds are suitably compensated for their efforts. Just think of all the salary they should be getting every month, then.
At an extremely conservative, ridiculously hypothetical estimate, they could be getting $5,000 per month, per position. And bear in mind most of these roles are chairmanships, directorships and board memberships, so $5,000 is pretty much “peanuts”-level earnings for people in those positions.
Thus someone with 5 of these positions at once would be earning $25,000 per month, not including bonuses.
Of course, this is just speculation, and many of these people could just be accepting nominal sums or offering their services for free……right?
Time After Time
The exact amount of moolah these multi-taskers get may be unknown, but we do know that they have the same amount of time as us.
There are only 24 hours in a day — how much time can they contribute to each of all these organisations that they’re responsible for? And is the time they do spend on each job worth it, according to the amount they are being paid?
We don’t understand how people can humanly do so many jobs at once and still contribute meaningfully to each one.
Do they not sleep? Do they have Dr Strange-like time-altering abilities that we don’t know about?
On the other hand, we know that ordinary Singaporeans work 9 hours per day at their jobs at the very least. Most work longer hours.
But I guess that’s why only a select few can do it and most can’t — they are just better.
Here are some people who are juggling many jobs at once, and their positions that we could find:
1. Low Teo Ping: 15 Positions
You might want to sit down for this, because Mr Low Teo Ping’s resume is not one to mess with.
Mr Low, 71, is the president of Sentosa Golf Club and an advisory board member at One Degree 15 Marina. According to Bloomberg, he is also an independent non-executive director at NM Holdings, a senior adviser to Citigroup Private Bank in Singapore, chairman of AA Vehicle Inspection Centre, director of AutoSwift Recovery, director of IPP Financial Holdings and chairman of the Audit Commission of Alliance International Tourism.
We don’t know how thinly he can spread himself, but Mr Low is also serving on several community service organisations.
He’s also the president of the Singapore Rugby Union, president of the Singapore Snow Board and Skiing Association, vice-president of the Asian Rugby Football Union, vice-president of the Singapore National Olympic Council, a board member at Sport Singapore, a board member of the Adam Scott Golf Foundation and a council member of the Singapore Golf Association.
He was the president of Singapore Sailing Federation for 12 years till 2010. Last year, he was also appointed the chief de mission for Singapore’s team that took part in the 2016 Olympic Games in Rio De Janeiro.
In 2011, Mr Low was awarded the Public Service Star by the Singapore Government for his contributions to local sport. We say he deserves an award for successfully splitting himself into many parts at once.
The X-Men, you may have a new member.
2. Bob Tan: 12 Positions
Mr Bob Tan is on the boards of SMRT Corp and SMRT Trains.
He is also the chairman of four companies — Jurong Engineering, Singapore LNG Corporation, Ascott Residence Trust Management and the Institute of Technical Education.
But of course, that’s not it.
He’s also a non-executive independent director at Singapore Post and Sembcorp Marine; a member of the board of governors at the Ong Teng Cheong Labour Leadership Institute, board member of the Inland Revenue Authority of Singapore, a member of the management council of NTUC Club, and a member of the board of governors of the Singapore Manufacturing Federation.
Someone make Mr Tan a pot of herbal soup to nourish his body with.
3. Olivia Lum: 11 Positions
Ms Olivia Lum is known for starting up Hyflux Ltd, where she is group chief executive. She’s also a board member at International Enterprise Singapore. On top of that, Ms Lum is an independent non-executive director at Singapore Technologies Engineering.
Moreover, according to Bloomberg, the businesswoman has directorships in a whoping eight companies; Hydrochem (S) Pte Ltd; Hydro Chem Engineering (S) Pte Ltd; Kimic Chemitech (S) Pte Ltd; Kimic Technology (S) Pte Ltd; Hyflux Engineering Pte Ltd; Singspring Pte Ltd; Hyflux Aquosus (Singapore) Pte Ltd and Sinolac (Singapore) Pte Ltd.
We have just one question: Howww?
4. Euleen Goh Yiu Kiang: 11 Positions
Ms Euleen Goh is a non-executive independent director at Capitaland and non-executive board member at Royal Dutch Shell plc and Singapore Health Services.
But that’s not all to her name. Ms Goh also holds directorships at DBS Group Holdings Ltd and DBS Bank.
We don’t know how she makes time for anything more, but she does.
She is also the chairman of the board of directors at DBS Foundation Ltd, SATS Ltd and the Singapore Chinese Girls’ School.
She is also chairman of the board of governors at Northlight School and a trustee at the Singapore Institute of International Affairs Endowment Fund and the Temasek Trust.
A standing ovation for Mrs Goh.
5. Kwa Kim Li: 9 Positions
Ms Kwa Kim Li is on the board of Sentosa Leisure Group, Sentosa Development Corporation, the National University Health System Pte Ltd., the Lee Kuan Yew School of Public Policy and the Singapore Chinese Girls’ School.
That’s five organisations so far, and we’re not done.
Ms Kwa is also the managing director and a managing partner at Messrs Lee & Lee, Advocates & Solicitors Singapore; she is also the lead independent non-executive chairman at Mapletree Commercial Trust Management.
Oh, did we mention that Bloomberg said she’s on the board of Corus Hotel, and an honorary legal adviser to the Real Estate Developers’ Association of Singapore?
Ms Kwa ought to teach us how she manages her time so efficiently so we can all can have multiple jobs too.
6. Peter Tan Boon Heng: 8 Positions
Mr Peter Tan is a director at SMRT Corp.
He is also the director and managing partner of JP Asia Capital Partners, and is on the boards of JP Asia Capital and JP Asia Prime Capital.
As expected, that isn’t all to his repertoire.
Mr Tan also holds the position of co-chairman of the Advanced Remanufacturing and Technology Centre and is a member of the governing board for the Singapore Centre for 3D Printing NTU. On top of that, he is a member of the Steering Committee for the Singapore University of Technology Design Digital Manufacturing and Design Centre.
Bloomberg also lists him as a member of the advisory council at Metisq Capital.
How does he have the strength to run all those companies? Birds’ nest soup maybe?
7. Seah Moon Ming: 7 Positions
Mr Seah Moon Ming is the deputy chairman of SMRT Corp and SMRT Trains.
He is also the chairman of International Enterprise Singapore and the Singapore Cooperation Enterprise, and both the executive director and chief executive of both Pavilion Energy and Pavilion Gas.
During his free time (that exists?), Mr Seah takes on the role of an adjunct professor at SIM University’s School of Science & Technology.
8. Choon Yong Loo: 5 Positions
Dr Loo Choon Yong is a doctor and trained lawyer, best known as the co-founder of Raffles Medical Group.
Dr Loo is Raffles Medical Group’s executive chairman, and according to Bloomberg, he is also an independent director at Capitamalls Asia and the chairman of both the Asian Medical Foundation and JTC Corporation.
As if his workload isn’t enough, the businessman is part of the diplomatic corp — Dr Loo is also the non-resident ambassador to the Republic of Poland.
Wearing Many Hats
We’re not sure if these formidable figures clock in 8 hours a day at every position they helm, because if that’s the case, they’re going to need a lot more than 24 hours a day.
But we don’t doubt they have worked hard to get to where they are today and regard these polymaths with nothing less than utmost respect.