The former group chief executive Vincent Phang, alongside Vincent Yik and Li Yu, former group chief financial officer and former chief executives were all dismissed after having been found being negligent in the handling of international investigations over a whistle-blower’s report.
Chong, with a 28-year career at Singtel, will lead the executive management team including group COO Neo Su Yin, group CFO Isaac Mah and chief legal officer and company secretary Jonathan Ooi.
Chairman of the board of SingPost, Teo Swee Lian says that Chong’s track record in managing large-scale operations, driving technological transformation, and leading international businesses is aligned with SingPost’s business needs.
“The Board is confident that under Mark's leadership the company will be on a firm footing to achieve its transformation goals. His appointment concludes the board's search and marks a new and exciting chapter for SingPost,” Teo adds.
See also: Olam Group’s non-executive director Nagi Hamiyeh resigns; Dinesh Khanna appointed as replacement
Chong is presently Singtel’s group chief corporate officer, a role he assumed in Jan 2025 after two years as deputy CEO of AIS, Singtel’s associate in Thailand. He was previously Singtel’s group CTO for six years.
Shares in SingPost closed flat at 42.5 cents on Sept 25.
