Singtel taps digital transformation chief Yuen as new CEO

Telecom operator to update growth strategy as share price suffers

20201001N Singtel

After a global search, Singtel went in-house to replace retiring Group CEO Chua Sock Koong, who has been at the helm since 2007. © Reuters

MAYUKO TANI, Nikkei staff writer

SINGAPORE -- Singapore Telecommunications has named Chief Digital Officer Yuen Kuan Moon to succeed Group CEO Chua Sock Koong after she steps down Jan. 1, with an eye toward the shift to 5G services.

The board of Southeast Asia's biggest telecom company conducted a global search for a replacement for Chua, who has been at the helm since 2007. But it ultimately picked insider Yuen, who has been with the group since 1993 and also runs its domestic consumer business. His work leading digital transformation efforts was a big factor in the decision announced Thursday.

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