“The board is pleased to welcome Su Yin back to SingPost as our group chief operating officer,” says Israel. “She has a proven track record and deep understanding of SingPost's business and operations. Her appointment greatly strengthens our leadership’s focus on driving operational performance and excellence – a core foundation for sustainable growth.”
On Dec 22, the group announced that it had sacked its group CEO Vincent Pang, group chief financial officer (CFO) Vincent Yik and Li Yu, the CEO of its international business unit operations. Phang was also asked to step down from SingPost’s board. The termination comes after the trio were said to have failed in their handling of whistleblowing reports pertaining to SingPost’s international e-commerce logistics parcels business.
Shares in SingPost closed 1 cent higher or 1.92% up at 53 cents on Dec 31, 2024.
