Singapore Post names new CFO in executive overhaul after whistleblower report

Singapore Post

30/12/2024 03:21

Dec 30 (Reuters) - Singapore Post  SPOS.SI  appointed
Isaac Mah, the current CFO of its Australia business, as group
finance chief, the company said on Sunday, a week after
dismissing three senior executives, including its CFO, over
mishandling a whistleblower report.
    Mah, who joined Singapore Post in 2019, most recently
oversaw the sale of the Australian business to private equity
firm Pacific Equity Partners.
    Singapore Post fired group CFO Vincent Yik last week, along
with CEO Vincent Phang and the chief of its international
business unit (IBU), Li Yu, after they were found to be
"negligent" in handling a whistleblower report.
    The alleged misconduct reported by the whistleblower related
to several employees who worked in the company's international
e-commerce logistics parcels business.
    Singapore Post also said Gan Heng would step up as acting
CEO of the international business unit from his current role as
head of the South district of the unit.
    The Temasek-backed company said it would name a new group
CEO "in due course".

 (Reporting by Aaditya Govind Rao in Bengaluru; Editing by Savio
D'Souza)
 ((Aaditya.GovindRao@thomsonreuters.com;))