Thu, Oct 01, 2020 - 7:51 AM
UPDATED Thu, Oct 01, 2020 - 8:41 AM
SINGAPORE Telecommunications' (Singtel) group chief executive officer (CEO) Chua Sock Koong is retiring after 31 years with the telco.
Ms Chua, 63, will retire as executive director and group CEO with effect from Jan 1, 2021.
Yuen Kuan Moon, who is CEO of Singtel's Singapore consumer business and the chief digital officer, will succeed her.
According to the telco, Mr Yuen’s appointment comes after a global search that considered both internal and external candidates was conducted.
Mr Yuen, 53, joined Singtel in 1993. He previously held other leadership positions in the company including in areas such as marketing, business development and sales before his appointment as CEO of consumer Singapore in 2012.
He has been appointed group CEO-designate and will assume the role of group CEO upon Ms Chua’s retirement, Singtel said.
Ms Chua will stay on as senior adviser to the chairman to assist with the transition, Singtel said.
The counter closed at S$2.12 on Wednesday, up S$0.02 or 1 per cent.
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