IAG’s board reshuffle has continued, with the retirement of director Anna Hynes and the appointment of Singapore-based director Raymond Lim.

It follows the retirement of director Phillip Colebatch last September and the appointment of e-commerce specialist Alison Deans in December.

The company had been looking specifically for an Asian-based director. Mr Lim’s appointment reflects the evolving scope of IAG’s operations and the significance of Asia to its strategy, according to Chairman Brian Schwartz.

“Raymond has impressive experience in navigating different Asian and global markets, combined with intimate knowledge around the inner workings of government,” Mr Schwartz said. “He will be an extremely valuable addition to the board.”

Mr Lim, an Australian-educated Rhodes Scholar, is a member of the Singapore Parliament and its parliamentary committee on finance, trade and industry.

He is Chairman of Investec Singapore Aviation Management, a senior advisor to Hong Kong industrial conglomerate John Swire & Sons, and a director of the Government of Singapore Investment Corporation, Hong Leong Finance, APS Asset Management and Dart Energy.

The changes came into effect last week.