SingPost unveils new organisational structure
Singapore Post (SingPost) has unveiled an updated organisational structure based on four pillars: e-commerce; postal; logistics and operations; and corporate services. SingPost Chairman, Mr Lim Ho Kee, explained the rationale: “SingPost started transforming its business from 2003. Despite the success we have had in developing an e-commerce business, we must now focus on integrating our global acquisitions and investments in postal operations. We are taking the Group forward to the next stage of its transformation.
“Our mail business has been and will continue to be the backbone of our growing e-commerce deliveries. As a national service provider with public postal service obligations, SingPost will continue to focus on the quality of service in Singapore as well as the sustainability of the mail business.
The SingPost Chairman added: “Our management team is now being organised to clearly focus on integrating various areas for greater shareholder value, accelerating the growth of the global e-commerce business, maintaining sustainability of the mail business despite the declining letter mail volumes, and expanding the Group’s logistics business and operations.”
Dr Wolfgang Baier, SingPost’s Group Chief Executive Officer, said that the new structure, which will take effect from 1 December, will “sharpen” the focus on the “four pillars” as SingPost “transforms into a digital company”.
In a company statement issued today (16 November) , SingPost explained how the restructure will impact the company’s activities in the four key areas:
E-commerce
Marcelo Wesseler, CEO (SP eCommerce), will lead the Group’s e-commerce business. He will spearhead the development and growth of the Group’s e-commerce business and operations. SingPost said that – “given the importance of the acquisitions of TradeGlobal Inc and Jagged Peak in the USA” – Wesseler will be relocated to the USA to provide leadership for the e-commerce business in the market.
Postal
Woo Keng Leong, appointed CEO (Postal Services), will focus on the quality of service, as well as the sustainability of the mail business, and he will also be responsible for international postal relationships. SingPost emphasised that it “remains committed to its service obligations and service quality as the Public Postal Licensee of Singapore”.
Goh Hui Ling, who has been appointed Deputy CEO (International Mail), will focus on the sustainability and growth of the international mail business and will also continue to oversee business relations with Alibaba, the world’s largest e-commerce operator.
Logistics and Operations
Dr Sascha Hower, Group Chief Operating Officer of SingPost and CEO of Quantium Solutions, is responsible for the operational transformation of the Group and leads the Group’s operations in Singapore and the region under Quantium Solutions, the international arm for the Group’s e-commerce logistics business. Dr Hower also oversees the integration of logistics acquisitions across the region, including CouriersPlease in Australia.
Corporate Services
Mervyn Lim, Group CFO, is appointed Deputy Group CEO (Corporate Services). In addition to his Group CFO duties, Mr Lim’s portfolio will cover post-merger integration, investor relations, human resources, legal, corporate secretariat, and property development & management.
