25-12-2024, 08:49 PM
(25-12-2024, 08:42 PM)Tee tiong huat Wrote: Lim Cheng Cheng, 53, will be leaving Singapore Telecommunications Limited (Singtel) and her position as the group chief corporate officer in pursuit of "a new professional opportunity".
Following her departure from Singtel, Lim also resigned as a non-executive, non-independent director from Singapore Post (SingPost)'s board of directors, with effect from Dec. 23, 2024.
Singtel group chief corporate officer leaves company, resigns from SingPost board of directors. She served on SingPost's board for 7.5 years since Apr. 1, 2017.
Lim Cheng Cheng, 53, will be leaving Singapore Telecommunications Limited (Singtel), her position as group chief corporate officer in pursuit of "a new professional opportunity". Following her departure from Singtel, Lim also resigned as a non-executive, non-independent director from Singapore Post (SingPost)'s board of directors, with effect from Dec. 23, 2024.
According to an announcement issued by SingPost on the same day, Lim was appointed to its board on Apr. 1, 2017, due to her position at Singtel, which is a substantial shareholder of the company.
Singtel has since nominated a new non-independent and non-executive director in lieu of Lim. SingPost's board also expressed its appreciation for Lim, her contributions during her 7.5-year tenure.
She Cease to serve on Finance & Investment Committee. Following her resignation from SingPost's board of directors, Lim will also cease to serve as a member of its Finance and Investment Committee, said SingPost.
The committee will now consist of Simon Israel, who serves as chairman, Elizabeth Kong Sau Wai, and Yasmin Binti Aladad Khan.
Turbulent time for SingPost
The personnel change took place two days after SingPost announced that it had terminated three senior management staff members.
They are group chief executive (CEO) Vincent Phang, group chief financial officer (CFO) Vincent Yik, and the chief executive of the company's international business unit (IBU) Li Yu.