Singapore Post has appointed Mr Sam Ang, group CEO of Famous Holdings and SingPost executive vice-president, as chief executive of Quantium Solutions with effect from last Friday.
With this appointment, Mr Ang will lead both SingPost's e-commerce logistics arm and freight-forwarding operations as well as oversee SP Parcels. This is in line with the company's integrated delivery strategy, said SingPost in a statement yesterday.
Mr Ang will report to Mr Mervyn Lim, who is covering group chief executive officer until a new chief is appointed.
Said Mr Lim: "SingPost remains committed to developing and strengthening the company's end-to-end e-commerce logistics business and capabilities.
"Sam brings with him 35 years of experience in the logistics sector that will help pave the way for SingPost to drive synergies and efficiencies between two of our important businesses - e-commerce logistics and freight-forwarding - as we build out our integrated network."
Sam brings with him 35 years of experience in the logistics sector that will help pave the way for SingPost to drive synergies and efficiencies between two of our important businesses - e-commerce logistics and freight- forwarding - as we build out our integrated network.
MR MERVYN LIM, covering group chief executive officer, on the appointment of Mr Sam Ang.
SingPost will officially launch its $182 million regional e-commerce logistics hub later this year to create capacity for further growth in e-commerce logistics. The new hub will improve SingPost's speed to market as it brings its e-commerce logistics capabilities, comprising Quantium Solutions, SP Parcels, Famous Holdings and SP Commerce, all under one roof, said the company.
Mr Ang is a veteran in shipping, ocean and air freight forwarding as well as logistics management, with 35 years of experience.
He joined SingPost a year ago from DHL, where he was CEO of DHL Global Forwarding for South-east Asia. Under his tenure, DHL Global Forwarding Singapore was awarded the best performance station in South-east Asia in 2004 and the Asia-Pacific country of the year award in 2005, among other awards.
SingPost shares yesterday ended two cents lower at $1.495.