Tan Tong Hai to step down as CEO from StarHub on May 1 to pursue "own interests"

STARHUB CEO Tan Tong Hai will step down from his position with effect from May 1, 2018, the company said in an announcement after trading hours on Friday.

He has led the group for the last nine years - five years as CEO, and four years as its chief operating officer (COO).

In a statement, Mr Tan said: "I have achieved what I set out to do for StarHub to grow its Enterprise Business and I believe it is now the right time for me to step down to pursue my own interests."

Mr Tan first joined StarHub in 1999 as general manager of StarHub Internet. He then left to helm Pacific Internet and Singapore Computer Systems before returning to become StarHub COO in January 2009. Mr Tan was promoted as CEO and executive director of StarHub in March 2013.

StarHub chairman Terry Clontz noted that under Mr Tan's leadership, the group has grown its enterprise business "by more than two folds and has struck numerous strategic partnerships with established partners to give StarHub a global presence".

He also expressed gratitude towards Mr Tan for his contributions to the group and wished him success in future endeavours.

The group is currently conducting a global executive search for its new CEO.