SINGAPORE - Singapore Telecommunications (SingTel) has appointed Chua Sock Koong as its new Chief Executive, replacing Lee Hsien Yang.
Ms Chua is SingTel's current CEO (International) and Group Chief Financial Officer.
Her appointment is expected to take effect from next April.
Ms Chua joined SingTel in 1989 and has had 17 years of experience with the SingTel Group.
Mr Lee, 48, announced in July that he would resign from the company after 12 years in the job, but said he would stay on until the company had found a replacement. He gave no reason for leaving.
"As a key member of the senior management team, Sock Koong has been intimately involved in all the key operational decisions, and has had broad exposure across all areas of the business," Mr Lee said in a statement on Thursday.
"She has also been instrumental to developing SingTel's strategy over the past ten years and has played a significant role in SingTel's major acquisitions, divestments and partnerships," Mr Lee added. - CNA/ir
related to lee family in any way?