THE telco’s Singapore deputy chief executive Anna Yip, 54, will relinquish her role to lead the business development function, which will be expanded and renamed International Digital Services.
The unit will build new telco-related digital services in the region, strengthen partnerships and enhance synergies between Singtel and its regional associates, said the group on Thursday (Nov 21).
Yip’s appointment comes as part of a wider senior management change that is meant to support the new business priorities of Singtel’s growth plan. The Singtel28 plan aims to recycle capital towards the company’s growth areas and raise dividends.
Singtel also appointed veteran Mark Chong as the new group chief corporate officer.
Chong, 60, served as deputy chief executive for two years at Advanced Info Services, the telco’s Thai regional associate. He has been with Singtel for 27 years and has held various positions over the years, including being the group chief technology officer from 2017 to 2022.
He will be succeeding Lim Cheng Cheng, 52, who is leaving the company for a new professional opportunity.
BT in your inbox
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
She joined Singtel in 2012 as vice-president of group strategic investment and had held key leadership positions, including group chief financial officer.
Additionally, the telco’s management committee will be expanded to include two new executives.
Its current managing director of group finance Gan Siok Hoon will be appointed deputy chief corporate officer.
Meanwhile, Sam Liew, chief executive of NCS’ government strategic business group, will be appointed to Singtel’s management committee.
Prior to joining NCS – a subsidiary of the telco – in 2021, Liew served as managing director of the technology group at sovereign wealth fund GIC. He was also previously the managing director of Accenture’s Asean technology division.
Last, Stephen Rue, chief executive officer of Singtel’s Australian unit Optus, was also added to the group’s management committee.
All management changes will take effect on Jan 1, 2025.
Singtel shares closed Wednesday 3.1 per cent or S$0.10 lower at S$3.13.
