Singapore Post (SingPost) has appointed Isaac Mah as its group chief financial officer (CFO) effective Jan 22. Mah was previously the group’s Australia business, Freight Management Holdings’ CFO.
According to the release, Mah will relocate to Singapore and take guidance from the chairman of the board, Simon Israel. Mah’s appointment as group CFO was first announced on Dec 22 in accordance with SingPost’s succession plan.
SingPost on Jan 2 appointed Neo Su Yin as its group COO, a newly created role overseeing the group’s Singapore and international business units and property.
This follows the “Parcelgate” scandal that SingPost has been embroiled in. The company fired three top executives, former group CEO Vincent Phang, group CFO Vincent Yik, and Li Yu, head of the group’s international business unit (IBU) over their “grossly negligent” manner in which they handled a whistle-blower report and subsequent probes.
Mah has 197,360 unvested restricted share awards granted under the Singapore Post Restricted Share Plan 2013. Mah has been with SingPost since 2019, when he was appointed Head of Strategic Investments and Investor Relations.
As at 7.47am, shares in SingPost are trading 0.5 cents lower or 0.893% down at 55.5 cents.
