SingPost to search for new CEO

Singapore Post is looking for a new Chief Executive after Wolfgang Baier resigned to pursue new endeavours, Bloomberg has reported.

According to the Bloomberg report, Mervyn Lim, Deputy Group CEO Corporate Services, will cover the work of the Chief Executive, while Baier will support a handover until 30 June, SingPost reportedly said in a statement to the stock exchange.

Deputy Chairman, Goh Yeow Tin, will become an Executive Director for 12 months as part of the transition and Chairman, Lim Ho Kee, will increase his involvement, the company said to Bloomberg.

Baier, formerly a partner at McKinsey & Co, reportedly joined SingPost as CEO in February 2011 to oversee the development of the international wing.

“Under Wolfgang’s leadership and great team effort, SingPost has been established as a regional leader in eCommerce logistics business, with a strong focus on digitising our business,” Bloomberg quoted Ho Kee.

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