SingPost's chief financial officer to step down

Singapore Post's (SingPost) chief financial officer (CFO), Daniel Phua, 41, will be stepping down from the company to pursue other career aspirations, the courier service provider said in a statement to the Singapore Exchange on Friday.

It was only in August 2014 that Mr Phua stepped into his role as the group's CFO.

Previously, he held the role of SingPost's deputy group CFO.

The exact date of Mr Phua's departure is to be agreed and will be announced, the company said.

The counter closed trading on Friday up 0.26 per cent, or 0.5 Singapore cents, at S$1.92.