SingPost must quickly find a new group CEO to deliver it from its troubles
The postal-service provider’s road map following the sale of its Australian unit would shape the slate of candidates and its final pick of helmsman
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
NATIONAL postal-service provider Singapore Post (SingPost) is facing a slew of challenges. And, without a leader at the helm, it could be tough for the group to navigate its way out of its troubles.
SingPost said last week that it would lay off 45 employees “in the coming months” in a move to restructure the company amid prolonged macroeconomic challenges, including intense competition.
The news came just two weeks after it announced the exit of its Singapore chief executive officer (CEO), Shahrin Abdol Salam.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
