SingPost updates orgchart to strengthen grasp on e-commerce logistics opportunity

Singapore Post (SingPost) has made several investments to put it on the global map of the e-commerce logistics industry, the most recent being the acquisition of TradeGlobal in the US which was completed on 14 November 2015.

The company has further updated its organisation structure under four pillars. The new structure takes effect on 1 December 2015:

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 from the US given the importance of the acquisitions of TradeGlobal and Jagged Peak.

Postal

Woo Keng Leong, appointed CEO (Postal Services), will focus on the quality of service, as well as the sustainability of the mail business which has been and will continue to be a backbone of e-commerce deliveries in Singapore. He will also be responsible for international postal relationships.

Goh Hui Ling is appointed Deputy CEO (International Mail). Goh will focus on the sustainability and growth of the international mail business which has been a pipeline of growing international e-commerce deliveries. As the key relationship manager with Alibaba, Goh will continue to oversee business relations with 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.

SingPost Chairman Lim Ho Kee said: "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.

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, Group Chief Executive Officer, SingPost said: “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.”