Top management changes at SATS
SATS unveiled changes to several senior management roles which will take effect from Jan 1 next year, including the appointment of current president and chief executive officer Tan Chuan Lye as chairman of food solutions when Mr Tan steps down from his post at the year-end.
Yacoob Piperdi, currently executive vice-president of food solutions, will assume the role of executive VP of gateway services, while Wong Hong, the current executive VP of gateway services, will be appointed as executive VP of food solutions.
In a statement yesterday, SATS said the realignment of responsibilities within the senior management team was part of the company's organisational renewal.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results