SINGAPORE (Nov 16): Singapore Post has restructured its organisation into four areas of operations after making several investments recently.
Marcelo Wesseler will lead the group’s e-commerce business. Given the acquisitions of TradeGlobal Inc and Jagged Peak in the USA, SingPost says Wesseler will be relocated to the US to lead the e-commerce business in the market.
Dr Sascha Hower, group COO and CEO of Quantium Solutions, will lead the group’s logistics and operations in Singapore and the region under Quantium Solutions, the international arm for the group’s e-commerce logistics business. Hower will also oversee the integration of logistics acquisitions across the region, including CouriersPlease in Australia.
Mervyn Lim, Group CFO, has been appointed Deputy Group CEO (Corporate Services). In addition to his group CFO duties, Lim will handle post-merger integration, investor relations, human resources, legal, corporate secretariat, and property development & management.
Lastly, Woo Keng Leong has been appointed CEO (Postal Services) and Goh Hui Ling is Deputy CEO (International Mail).
The new structure takes effect on 1 December 2015.
Dr Wolfgang Baier, SingPost’s group CEO, says: “The changes in the organisation structure help us to develop and deepen our management bench strength. It sharpens our focus on the four pillars as we transform into a digital company.”
Singpost is down 2.2% at $1.81.