SingPost CEO Singapore Steps Down, GCOO Neo Su Yin Assumes Additional Responsibility

Edge
02-03

Singpost's Singapore CEO Shahrin Abdol Salam resigns.

Singapore Post (SingPost) announced the resignation of Shahrin Abdol Salam, who is leaving the company to "pursue opportunities outside the company."

In his capacity as CEO Singapore, Shahrin was responsible for the company’s domestic mail and parcel business and reported to Neo Su Yin who took over as group chief operating officer.

Neo was appointed to the newly-created position of group COO in January 2025, after the company's former group CEO Vincent Phang, group CFO Vincent Yik and head of international business Li Yu were fired over mishandling of whistle-blowing complaints.

The company's group CEO role remains vacant for now, as the board, led by chairman Simon Israel assumes a more direct role in managing the company.

Neo will assume additional responsibility as CEO Singapore - in effect, assuming her last role with SingPost before she left to join dnata in May 2024.

The former navy officer first joined the company in April 2019 as vice president, customer experience.

“We thank Shahrin for his time and contribution to SingPost, and wish him the very best for his future endeavours,” says Israel.

“In his tenure at SingPost, he has lent his expertise in transport and infrastructure to help streamline our network capabilities with a focus on people and operational excellence”.

"I have decided to step away from my role as CEO Singapore to focus on a new chapter in my career," says Shahrin. 

SingPost is due to call for an EGM to get shareholders to approve the sale of a key Australia unit FMH for an enterprise value of more than A$1 billion.

Analysts expect the company to use proceeds from the sale to cut debt and to also dish out part of it as special dividends.

Shares in SingPost closed at 56 cents.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10