Change - Announcement of Appointment::Appointment of Group Chief Executive Officer-designate

Issuer & Securities

Issuer/ Manager
SINGAPORE TELECOMMUNICATIONS LIMITED
Securities
SINGTEL - SG1T75931496 - Z74
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Oct-2020 07:06:07
Status
New
Announcement Sub Title
Appointment of Group Chief Executive Officer-designate
Announcement Reference
SG201001OTHR0N8G
Submitted By (Co./ Ind. Name)
Lim Li Ching
Designation
Assistant Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Yuen Kuan Moon as Group Chief Executive Officer-designate

Additional Details

Date Of Appointment
01/10/2020
Name Of Person
Yuen Kuan Moon
Age
53
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board approved the appointment of Mr Yuen Kuan Moon to succeed Ms Chua Sock Koong who will be retiring as Group CEO on 31 December 2020. Mr Yuen will be Group CEO-designate on 1 October 2020 and assume the role of Group CEO on 1 January 2021. Mr Yuen will also be appointed as executive Director on the Board with effect from 1 January 2021.

The Board convened a search committee to conduct a global search to shortlist potential internal and external candidates to undergo a structured selection process for the Group CEO role. Subsequent to rigorous assessment of shortlisted candidates, the Board agreed that Mr Yuen has the leadership and experience to lead the Singtel Group forward.
Whether appointment is executive, and if so, the area of responsibility
Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Executive Officer-designate
Professional qualifications
First Class Honours degree in Engineering from the University of Western Australia and a Master of Science in Management from Stanford University
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Singapore Telecommunications Limited:
2012 to present - Chief Executive Officer, Consumer Singapore
2018 to present - Group Chief Digital Officer
2010 to 2012 - Executive Vice President, Digital Consumer
2010 - Executive Vice President, Consumer
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Please see Annex 1
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
Bridge Mobile Pte. Ltd., Alternate Director
SingCash Pte. Ltd., Director
Present
Please see Annex 2
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
Mr Yuen will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange

Attachments

SGX ann Annex 1 shareholding.pdf
SGX Ann Annex 2 present dir.pdf
Total size =137K