SINGAPORE - Singapore Technologies (ST) Engineering on Monday (Feb 26) announced the appointment of Russell Tham as president of new enterprises and ventures, effective from March 19, 2018.
In this newly created position, Mr Tham will drive the expansion of the group's business by building new growth areas through technology and innovation in verticals outside of the group's core businesses in the aerospace, electronics, land systems and marine sectors, ST Engineering said.
Mr Tham will report to the president and chief executive officer.
"The creation of this new position represents a further strengthening of our management team, and signals our commitment to pursue growth beyond our core business sectors as we advance into building new business verticals, including health and medical technology," said Vincent Chong, president and CEO of ST Engineering.
Mr Tham joins the group after 23 years with Applied Materials, where he held various management positions before being appointed president of Applied Materials South East Asia in 2009. As president, he oversaw the regional business and led the company's business, infrastructure and strategy to grow the company's footprint in Singapore and South-east Asia.
He has concurrently held various global roles based in Singapore, including corporate business development responsibilities to drive opportunities in new growth markets. He is also on the board of the Energy Market Authority and a member of the Singapore government's Future Economy Council after serving on its Committee on the Future Economy.