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Source:
www.singtel.com |
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SingTel selects Ms Chua Sock
Koong to be Group CEO |
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¡¡ |
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Singapore Telecommunications Limited (SingTel)
announced today (21 Sep 2006) that it has completed an extensive and
rigorous global search for the best possible candidate for the Group CEO
role. |
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The key criterion defining the search was to
look at who would be best placed, both in terms of experience and
potential, to provide leadership for the SingTel Group going forward. |
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Having examined a number of outstanding
internal and external candidates for the role, the Board is pleased to
announce that Ms Chua Sock Koong has been selected as Group CEO. This
appointment is expected to take effect on 1 April 2007. |
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Ms Chua, who joined SingTel in 1989, has had
17 years of experience with the SingTel Group. She currently holds the
positions of CEO (International) and Group CFO. |
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Her International portfolio comprises the
key drivers of SingTel¡¯s international business, with responsibility for
the Group¡¯s strategic investments, as well as its IT business arm, NCS. |
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In addition to her International portfolio,
Ms Chua is also responsible for overseeing Group Information Systems,
Group Finance and Corporate Affairs (which spans group strategy,
treasury, tax, legal, investor relations and corporate communications). |
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Mr Chumpol NaLamlieng, Chairman of SingTel,
said, ¡°We are extremely fortunate to have a leader of Sock Koong¡¯s
calibre and experience to take the helm. Sock Koong has been an
outstanding CFO, and the numerous awards and accolades she has received
for her role as CFO in SingTel bears testimony to this. She has been
closely involved in the transformation and growth of SingTel and has
played a key role in making SingTel the operationally and financially
very strong company that it is today. |
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¡°With her proven strong leadership and
financial capabilities, and the able support from an excellent bench of
management and staff, she is well placed to set the direction to achieve
the long-term vision for the Group in the coming years. My fellow
directors and I look forward to working with her to further grow and
develop the Group¡¯s businesses.¡± |
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He further added, ¡°We are deeply
appreciative of Hsien Yang¡¯s outstanding leadership and his many
achievements as Group CEO, and are pleased that he intends to stay until
the end of the fourth quarter to ensure a smooth and orderly transition.
We wish him all the best in his future endeavours.¡± |
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Said Mr Lee Hsien Yang, Group CEO, ¡°The
SingTel Group will be in excellent hands. As a key member of the senior
management team, Sock Koong has been intimately involved in all the key
operational decisions, and has had broad exposure across all areas of
the business. She has also been instrumental to developing SingTel¡¯s
strategy over the past ten years and has played a significant role in
SingTel¡¯s major acquisitions, divestments and partnerships. She is well
known to our business partners and the investor community. Having worked
side-by-side with Sock Koong for many years, I am confident that she is
more than qualified for her new role leading the SingTel Group.¡± |
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Ms Chua said, ¡°Hsien Yang has built up
SingTel into a very highly regarded telecom operator with an
unrivalled footprint in the region. I am honoured to be given the
challenge of continuing to build on its success and to be able to
work with an excellent team that any CEO would be proud to lead.¡± |
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About Ms Chua Sock Koong |
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CEO International & Group CFO
Group CEO - Designate
Singapore Telecommunications Limited |
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Ms Chua Sock Koong joined Singapore
Telecommunications Limited (SingTel) in June 1989 as Treasurer and
was appointed Chief Financial Officer (CFO) in April 1999. |
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As CFO, Ms Chua has overall
responsibility for the Group¡¯s financial functions, including
treasury, tax, insurance, risk management and capital management.
She also manages a diverse range of portfolios ¨C from corporate
development, company secretarial, legal to corporate
communications and investor relations. Beyond these
responsibilities and looking after the Group Information Systems,
Ms Chua plays an active role in providing strategic guidance and
business advisory for the Group. |
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With her concurrent appointment as CEO
International in February 2006, Ms Chua now leads a new
International team while continuing in her role as Group CFO. The
international portfolio comprises the key drivers of SingTel¡¯s
international business ¨C Strategic Investments and NCS, SingTel¡¯s
IT business arm. Besides overseeing SingTel¡¯s regional associates,
Ms Chua is responsible to drive strategic acquisition and
international business. |
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Ms Chua holds a Bachelor of
Accountancy (First Class Honours) from the University of Singapore
and is a Certified Public Accountant and Chartered Financial
Analyst. |
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She is married with two daughters. |
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Source:
www.singtel.com News Release
21 Sep 2006 |
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FrontPage Edition: Fri 22 September 2006
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