Chief Executive Officer
Craig Considine Chief Executive Officer
2024-25 has been marked by several exciting milestones. From the launch of the Gippsland campus and the Highlands Programme to the unveiling of the Junior Arts Centre and the Centenary Concert at the Esplanade, Tanglin has demonstrated its capacity to innovate while honouring its rich heritage. These initiatives reflect a school that is not only future-ready but deeply rooted in our values of respect, responsibility, and purpose.
Across every section of the school - from Infant to Senior - students have flourished in environments that nurture both academic rigour and personal growth. The integration of experiential learning, sustainability leadership, and digital innovation has empowered students to engage meaningfully with the world around them. The school’s strategic focus on metacognition, wellbeing, and character education ensures that Tanglin learners are equipped not just with knowledge, but with the mindset and skills to thrive in an increasingly complex global landscape.
The extraordinary contributions of Tanglin’s staff, governors, alumni, and families have been instrumental in shaping a vibrant, inclusive, and forward-thinking community. Whether through the Centenary Speaker Series, service learning projects, or the expansion of co-curricular offerings, the spirit of collaboration and shared purpose shines through every achievement.
As we look ahead to the next chapter, we do so with a continued commitment to Tanglin’s unwavering pursuit of excellence. This reflects the energy, passion, and stewardship that define our school and celebrates the people who make it exceptional. We also invite every member of our community - students, educators, parents, and alumni - to continue building a legacy of learning, leadership, and impact.
Here’s to the next hundred years of Tanglin Trust School—where tradition meets innovation, and every learner is inspired to be the best they can be.
Financial Overview
Ling Guan Heng Chief Operating Officer
The school maintained a robust and debt-free financial position in FY2024/25, achieving a strong operating surplus through disciplined cost control and healthy revenue growth. This performance successfully offset inflationary pressures and ensures continued investment in high-quality educational experiences and facilities.
Key Financial Drivers:
• Healthy Revenue Growth: Income exceeded budget primarily due to higherthan-budgeted student enrolment across most year groups. Revenue was further boosted by higher Fixed Deposit Interest Income resulting from favourable interest rates.
• Effective Cost Management: Strict budgetary controls were implemented to effectively manage operating expenses, successfully mitigating the impact of inflation and preserving financial stability.
• Strong Balance Sheet: The school remains debt-free, supported by a strong cash flow and healthy financial reserves, which provides maximum flexibility for both operational sustainability and future capital investments.
The FY2024/25 financial results position the school for continued stability and strategic growth, underpinning its commitment to excellence in education.
Campus Improvements and Capital Expenditures
In line with the commitment to facility enhancement, a total of $11.1 million was successfully invested and completed during the year, focusing on new construction, critical infrastructure, and campus improvements.
& 6th Form Centre
Facilities Replacement of synthetic turf for Playfield (with new dugouts and LED scoreboard)
million Campus Upgrade and Maintenance Campus repainting for BSO inspection; Upgrading Senior School toilet facilities; Junior School ceiling replacement; Berrick Hall projectors and lights among others $1.3 million
Overgoing and Future Projects
The financial strength enables the forward planning of two significant projects for the upcoming financial year, representing an approved future investment of $3 million.
Dining Room Extension
Air-Con System Replacement
Extension of the dining room at Nixon Level 2 and improvement of its overall acoustic environment.
Replacement of the aged air-con system at 6th Form Centre Levels 2 to 5.
$1.4 million
$1.6 million Total Future Investment
Financial Surplus and Reserves
The school’s total audited surplus for 2024/25 amounted to $10.8 million, comprises the following:
• Operating surplus: $3.7 million
• Building fund: $5.7 million
• Placement rights fund: $1.4 million
This surplus has been added to the school’s reserves, which are earmarked for future infrastructure projects, including new buildings and facilities, as well as ongoing improvement initiatives. Looking ahead, the school is well positioned to continue its investments in campus development and infrastructure improvements, while maintaining a strong financial foundation.
For ordinary expenses relating to the operations of the school.
For renewal of lease, construction of buildings and facilities (including air-conditioning and electrical installations etc) as well as improvement projects approved by the Board of Governors from time to time.
Offers accelerated access to school places. An amount is diverted annually to support enrichment projects within the school and for projects approved by the Board of Governors.
Student enrolment stands at 2,850, and new student admissions totaled 403.
School fees and related revenue comprised 90% of total revenue, with other miscellaneous revenue making up the remaining 10%. Revenue composition for 2024/25 remained fairly consistent with 2023/24.
In our continuing effort to provide outstanding education services, we invest the majority of our revenue to attract and retain the best teachers and staff. We employ more than 681 staff members, of which 274 are Faculty staff. Salaries and benefits were the single largest category of expenses, at 70% of total costs.
Teaching resources and depreciation were the next large categories at 10% of total costs. Campus operations, technology and administration costs made up the remaining 10%.
Cost composition for 2024/25 was fairly consistent with 2023/24.
Governance
Tanglin Trust School Limited (formerly known as Tanglin Trust Limited) was incorporated on 21 August 1961 as a public company limited by guarantee. It was registered under the Charities Act on 29 December 1984.
Unique Entity Number (UEN) 196100114C
Registered Address
95 Portsdown Road, Singapore 139299
Banker The Hongkong and Shanghai Banking Corporation Limited
Auditor KPMG LLP
Governing Instrument Tanglin Trust School Limited Constitution
Governing Board Members of Tanglin Trust School Limited
Dominic Nixon
Governor and Chair of Board of Governors, Chair of Board Real Estate and Campus Development and Board Education Policy & Schools Curriculum Committees
(Member since 19 March 2002)
Charles Thomas1
Governor
(Member since 25 April 2023)
Colm McCarthy
Governor (Member since 7 March 2013)
Diana Dawson
Governor
(Member since 25 April 2023)
Emma Horstmann
Governor
(Member since 23 April 2024)
Fang Eu-Lin
Governor and Chair of Board Finance and Risk Committee
(Member since 1 May 2016)
Gina Lee-Wan
Governor
(Member since 19 February 2005)
Mee King Chen
Group Corporate Secretary and
Member of Management Team
Neil Tottman
Governor and Chair of Board Development and Alumni Committee (Member since 13 September 2007)
Rajan Raju
Governor (Member since 2 July 2016)
Rashpal Bhatti2
Governor (Member since 25 April 2023)
Richard Routledge
Governor and Chair of Board Talent Committee (Member since 1 September 2020)
Robert Arbuthnott
Governor (Member since 16 February 2012)
Sameer Hasija3
Governor (Member since 24 April 2025)
Sue McNamara
Governor and Chair of Board Pastoral and Safeguarding Committee (Member since 1 September 2009)
1 Resigned as Governor on 25 June 2025
2 Resigned as Governor on 24 April 2025
3 Appointed as Governor on 24 April 2025
Some Governors have served beyond 10 years. The Board, collectively, wishes to retain these Governors as they have the necessary skills, relevant experience and commitment to serve Tanglin Trust School Limited. Board succession planning includes the appointment of new Governors.
Board membership is voluntary and not remunerated.
There are no paid staff who are close members of the family of the Chief Executive Officer or Board Members for the period 1 September 2024 to 31 August 2025.
Committees
The Board appoints separate committees in relation to the following areas of responsibility:
• Development and Alumni
• Education Policy & Schools Curriculum
• Finance and Risk
• Pastoral and Safeguarding
• Real Estate and Campus Development
• Talent
Attendance Record for Board of Governors and Board Committees Meetings
Period: 1 September 2024 to 31 August 2025
Dominic Nixon
Charles Thomas1
Colm McCarthy
Diana Dawson
Emma Horstmann
Fang Eu-Lin
Gina Lee-Wan
Neil Tottman
Rajan Raju
Rashpal Bhatti2
Richard Routledge
Robert Arbuthnott
Sameer Hasija3
Sue McNamara
1 Resigned as Governor on 25 June 2025
2 Resigned as Governor on 24 April 2025
3 Appointed as Governor on 24 April 2025
Note: Due to business travel, work commitments and/or being in countries with different time zones, a few Governors were unable to attend some of the Board and Board Committee meetings.
Management Team 2024/2025
Craig Considine Chief Executive Officer Appointed August 1, 2018
Ling Guan Heng Chief Operating Officer/ Chief Financial Officer Appointed April 13, 2009
Paula Craigie Head of Infant School Appointed August 1, 2014
Ayako Sugaya Director of People Appointed March 21, 2022
Richard Sellers Director of Pastoral Care & Deputy Head (Senior School) Appointed August 11, 2021
Clair Harrington-Wilcox Head of Junior School Appointed August 1, 2016
Tom Evans Director of Marcomms, Admisions & Community Relations Appointed June 17, 2019
John Ridley Director of Learning Appointed September 1, 2011
Abhra Bhattacharjee Director of Development & Head of Foundation Appointed November 1, 2022
Chris Seal Head of Senior School Appointed August 1, 2022
Lyssa Carneiro Director of Risk & Compliance Appointed October 22, 2019
Michael Holiday Director of Co-Curriculum Appointed January 1, 2020
Chin Peng Lee Director of Technology Appointed August 1, 2022
Brian Teng Director of Operations Appointed January 22, 2007
Sohini Brandon-King Director of Scholarship, Inquiry and Partnerships Appointed April 19, 2022
Mee King Chen Group Corporate Secretary Appointed December 15, 2021
Examination Results:
(I)GCSE Results Table
% of A*/A grades achieved by Tanglin students
2025 (I)GCSE Examination Results (Class of 2027)
(I)GCSE Summary for 2025 (Class of 2027)
students took (I)GCSE examinations in 25 subjects.
achieved were A*/A or equivalent.
Examination Results: A Level
A Level Results Table
2025 A Level Examination Results (Class of 2025)
A Level Summary for 2025 (Class of 2025)
99.6%
pass rate of A Level students. of grades were at A* or A, while 87% were in the range A* to B. of students taking the EPQ achieved an A*; we are increasingly finding that the EPQ is being valued by universities. of students taking the EPQ achieved an A* to A.
Examination Results: IB Diploma Examination Results: IB Diploma
2025 IB Examination Results (Class of 2025)
IB Diploma Summary for 2025 (Class of 2025)
100% pass rate for all our students who completed a regulation IB Diploma.
45 3 students achieved a perfect score.
36% scored 42 points or more.
100% of all students scored 30 points or above.
3 students achieved the Bilingual Diploma.
Whistleblowing Policy
Tanglin Trust School’s Whistleblowing Policy is posted on the school’s website, at tts.edu.sg/about/policies. It may be used, if needed, by employees, suppliers, business partners and others in the school community.