Singapore Post is undergoing a shake-up to focus on four pillars of growth - e-commerce, postal, logistics and operations, and corporate services, it announced yesterday.
Chairman Lim Ho Kee said in a statement: "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."
The revamp, which will be in place by Dec 1, involves Mr Marcelo Wesseler, chief executive of SingPost unit SP eCommerce, taking charge of the e-commerce business.
He will relocate to the United States, given the importance of the acquisitions of TradeGlobal and Jagged Peak there, said SingPost in a filing to the Singapore Exchange.
Mr Woo Keng Leong, chief executive of postal services, will focus on the quality of service and sustainability of the mail business.
Ms Goh Hui Ling, deputy chief executive (international mail), will be SingPost's key relationship manager with Alibaba, the world's largest e-commerce operator.
Under the logistics banner, Dr Sascha Hower, SingPost's chief operating officer and the chief executive of Quantium Solutions, will oversee the integration of logistics acquisitions across the region.
Group chief financial officer Mervyn Lim has been appointed deputy group chief executive (corporate services). His new responsibilities include post-merger integration, investor relations, human resources, property development and management.