ST Engineering Announces Leadership Transition​​

Following an 11-year tenure at ST Engineering, Group Chief Operating Officer (Technology & Innovation) and President of Defence & Public Security (DPS), ​​Ravinder Singh​​, will retire on ​​May 31​​.

​​Mervyn Tan​​, Managing Director of Investments at venture capital firm Vertex Holdings, will succeed Singh in these roles, with the appointment taking effect from ​​June 1​​.

In a statement released Thursday (April 17), the 61-year-old Singh revealed plans to assume an advisory position within the group starting June 1.

As Group Chief Operating Officer for Technology & Innovation, Singh "championed innovation initiatives and drove the adoption of technology and innovation across the group," the statement noted.

Since ST Engineering’s restructuring in 2021, he has also played a pivotal role in shaping the DPS division.

Between 2021 and 2024, the group’s defence business and defence services segments recorded revenue growth of over 20%. The defence services division expanded its digital offerings, achieving its 2026 revenue targets ​​two years ahead of schedule​​.

The group further solidified its position as a strategic partner to Singapore’s Ministry of Defence and Ministry of Home Affairs.

Globally, ST Engineering secured over ​​S$2.2 billion​​ in new contracts since 2021, expanding into new markets—particularly in Europe and the Middle East.

​​Mervyn Tan​​, 53, brings extensive experience in venture capital and defence leadership. Previously at Vertex Management, he focused on investing in deep-tech startups specializing in artificial intelligence, quantum technologies, and advanced materials.

Before joining Vertex, Tan served as ​​CEO of the Defence Science and Technology Agency (DSTA)​​, where he held senior roles in Singapore’s Ministry of Defence, the Republic of Singapore Air Force, and the Singapore Armed Forces.

ST Engineering jumps 4.96% at 11:01 am, Apr 22nd.