Senior Management Changes

Date:

Share post:

THE telco’s Singapore deputy chief executive Anna Yip, 54, will relinquish her role to lead the business development function, which will be expanded and renamed International Digital Services.

New Roles and Responsibilities

The unit will build new telco-related digital services in the region, strengthen partnerships and enhance synergies between Singtel and its regional associates, said the group on Thursday (Nov 21).

Yip’s appointment comes as part of a wider senior management change that is meant to support the new business priorities of Singtel’s growth plan. The Singtel28 plan aims to recycle capital towards the company’s growth areas and raise dividends.

New Appointments

Singtel also appointed veteran Mark Chong as the new group chief corporate officer.

Chong, 60, served as deputy chief executive for two years at Advanced Info Services, the telco’s Thai regional associate. He has been with Singtel for 27 years and has held various positions over the years, including being the group chief technology officer from 2017 to 2022.

He will be succeeding Lim Cheng Cheng, 52, who is leaving the company for a new professional opportunity.

Management Committee Expansion

Additionally, the telco’s management committee will be expanded to include two new executives.

Its current managing director of group finance Gan Siok Hoon will be appointed deputy chief corporate officer.

Meanwhile, Sam Liew, chief executive of NCS’ government strategic business group, will be appointed to Singtel’s management committee.

Lastly, Stephen Rue, chief executive officer of Singtel’s Australian unit Optus, was also added into the group’s management committee.

Effective Date

All management changes will take effect on Jan 1, 2025.

Conclusion

Singtel has announced a series of senior management changes aimed at supporting its growth plan and recycling capital towards its growth areas. The changes include the appointment of Anna Yip as the head of International Digital Services, Mark Chong as group chief corporate officer, and the expansion of the management committee to include two new executives.

FAQs

Q: Who will be leading the International Digital Services unit?
A: Anna Yip, the current Singapore deputy chief executive, will be leading the unit.

Q: What is the purpose of the senior management changes?
A: The changes are aimed at supporting Singtel’s growth plan and recycling capital towards its growth areas.

Q: Who will be succeeding Lim Cheng Cheng as group chief corporate officer?
A: Mark Chong will be succeeding Lim Cheng Cheng.

Q: When will the management changes take effect?
A: The changes will take effect on Jan 1, 2025.

Angela Lee
Angela Lee
Director of Research

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

- Advertisement -spot_img
- Advertisement -spot_img

Related articles

Key Takeaways from Recent Securities Litigation in Singapore: A Review of Court Cases: An analysis of recent court judgments and securities litigation cases in...

Key Takeaways from Recent Securities Litigation in Singapore: A Review of Court Cases Singapore's securities landscape has been witnessing...

Revoking MaNaDr’s licence may have limited impact with its teleconsultation platform.

Telemedicine Revenue Dominates Parent Company's Sales Telemedicine revenue accounts for about US$12.8 million or 90.4% of its parent company’s...

Singapore’s Business-Friendly Policies: Why a Business Visa is a Great Investment for Foreign Entrepreneurs

Singapore's Business-Friendly Policies: Why a Business Visa is a Great Investment for Foreign Entrepreneurs Singapore...