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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

 Tay Peck Gek
Published Tue, Feb 25, 2025 · 04:57 PM
    • From left: Group CEO Vincent Phang, group chief financial officer Vincent Yik and CEO of international business unit Yu Li  were fired last December.
    • From left: Group CEO Vincent Phang, group chief financial officer Vincent Yik and CEO of international business unit Yu Li were fired last December. PHOTO: SINGPOST

    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.

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