Hironori Aihara is an Independent Director since 14 November 2008. Mr Aihara is the Non-Executive Independent Chairperson of the Group and is a member of the Nominating Committee and Remuneration Committee. He sits on the board of several private companies in Japan. Mr Aihara was formerly a member of the Advisory Committee for the Ministry of Economy, Trade and Industry in Japan, the National Cabinet Science and Technologies Committee (Biotechnology Project), the Advisory Board of Ripplewood Holdings, Japan Industrial Partners and an auditor of the Central Japan Railway Company. He graduated with a Bachelor of Science degree from the University of Tokyo (School of Engineering) in 1962.

Akihiko Matsumura is the founder of the Group. Mr Matsumura was appointed as an Executive Director on 14 November 2008. Mr Matsumura retired as Executive Director on 5 October 2012 and is appointed as Non Executive Director and Vice Chairman of the Group and remains as a member of the Nominating Committee. He continues to play an important role with his visionary leadership, to assist in setting the strategic and technology direction of the Group. Mr Matsumura was previously also the President of I-Deal Com, Inc. Mr Matsumura graduated with a Bachelor of Arts degree from Hokkaido University (School of Law) in 1980.

Lawrence Komo joined the Board of Transcu in November 2011 as an Independent Director and was appointed chairman of the Audit Committee in May 2012. On 8 October 2012, Mr Komo is appointed as an Executive Director and Chief Executive Officer of the Group. Mr Komo was the Managing Director and Asia Pacific Region Head of Investor Services for Global Transaction Services in Citibank (Singapore). Prior to joining Citibank, Mr Komo had served in progressively senior business management roles at various securities firms such as Goldman Sachs and Lehman Brothers in Hong Kong and Tokyo. Based in Singapore, Mr Komo was elected in March 2008 as Chairman of PASLA (Pan Asia Securities Lending Association), a collective group of major industry players in Asia committed to furthering the development of the securities lending business in the region. He served out his term as PASLA chairman in March 2011. Mr Komo graduated with a Bachelor of Economics degree from Yale University in 1980 and a Master degree in Business Administration from Emory University in Atlanta, United States in 1984.

Wang Nan Chee is an Independent Director of the Group since 15 September 2010. Mr Wang is a member of the Audit Committee and Nominating Committee. He is currently the Group Adviser to Prima Ltd. Mr Wang was previously Singapore's Public Health Commissioner and Director-General of Public Health, with vast experience and expertise in public health management. Mr Wang graduated with a Bachelor of Engineering (Honours) degree from University of Malaya in 1967 and obtained a post-graduate diploma in Sanitary Engineering from Delft, Netherlands. He attended the Advanced Management Program at Harvard Business School in 1994.

Dr James Morley Anderson, M.D., Ph.D., is an Independent Director since 14 November 2008. He is a member of the Remuneration Committee. Dr Anderson is a Professor of Pathology, Macromolecular Science and Biomedical Engineering in the Department of Pathology at Case Western Reserve University since 1984 and is also a Member of the National Academy of Science and the US Army Medical Research Committee. He is an External Consultant to the Total Artificial Heart Program of the National Heart, Lung and Blood Institute and a Co-Chair of Working Group 1 in the Development of the ISO Standard on Biological Evaluation of Medical Devices. Dr Anderson graduated with a bachelor's degree in chemistry from the University of Wisconsin-Eau Claire in 1963. He received his Ph.D in Chemistry from Oregon State University in 1967 and Doctor of Medicine degree (M.D.) from the Case Western Reserve University in 1976.

Richard Lee Armitage is an Independent Director since 14 November 2008. Mr Armitage is the Chairman of the Nominating Committee. He is presently a Director of Conoco-Philips, and a Director of ManTech International Corporation, as well as the President of Armitage International. He was previously the Deputy Secretary of State of the United States of America from 2001 to 2005, the Assistant Secretary of Defense for International Security Affairs from 1983 to 1989, the Deputy Assistant Secretary of Defense for East Asia and Pacific Affairs from 1981 to 1983 and a Military Attach in the US Embassy in Saigon (Vietnam) from 1973 to 1975. Mr Armitage graduated with a Bachelor of Science degree in Engineering from the US Naval Academy in 1967.