OPTUS CFO QUITS TO JOIN PBL

Written by Adam Gosling

Monday, 28 November 2005

Singapore Telecommunications (SingTel) has announced a new organisation structure with Optus CFO leaving the company. Pat O’Sullivan the Optus CFO, tendered his resignation and will leave the operation early next year. A replacement is already in line with Jeann Low previously EVP Strategic Investments taking over the role. O’Sullivan is reportedly moving to Publishing and Broadcasting Limited (PBL) in a newly created role of chief operating officer where he will be driving growth, margin and improving internal practices. The company also announced that Allen Lew, Managing Director of Optus Consumer, will return to Singapore in early 2006 to take on the newly created role of CEO Singapore. The company also Chua Sock Koong will lead a new International team while continuing in her current Group CFO role. While there is no change for Paul O’Sullivan as Optus CEO, a replacement for Lew will be announced in due course. All three will report into Lee Hsien Yang, SingTel Group’s President and CEO. “As SingTel gears up for the next phase of growth, how we deploy our talents is critical.  The new organisation structure will strengthen our three key businesses – Singapore, Australia and international business, ” said Lee. Following his four year term with Optus Lew will oversee Consumer, Corporate, and Global Businesses, and Networks for the Singapore operations. The International portfolio comprises the key drivers of SingTel’s international business - Strategic Investments and NCS, SingTel’s IT business arm.  The EVP Strategic Investments, CEO NCS and Group CIO will report to Ms Chua Sock Koong, who will continue to oversee Group Finance and Corporate Affairs.  The International team will drive strategic acquisition and international business, and is responsible for SingTel’s regional associates.  It’s seven years since Lew worked in Singapore beginning with a posting to Advanced Info Service Public Company Ltd (AIS), SingTel’s regional mobile associate in Bangkok, Thailand, before landing at Optus in late 2001. Mr Lim Toon, COO of SingTel, will retire in early 2006.  A respected veteran of the telco industry, SingTel will leverage on Mr Lim’s valuable experience to ensure a smooth transition into the new organisation structure. Details of senior management biodata are available in SingTel’s Annual Report 2004/2005.  It can be downloaded from SingTel’s website, www.singtel.com Related news items Seven In Unwired Takeover Bid -26/09/2007 Nokia E51: Smarter Than It Looks -19/09/2007 Telstra Launches Another Coonan Attack -12/09/2007 Doh! Phone Pirate Could Get Five Years -17/08/2007 Free iBurst Broadband In Sydney -16/08/2007 Newer news items BLACKBERRY 7130e LAUNCHED LOCALLY -12/02/2006 ACMA PROPOSES PRIVATE PARK -06/02/2006 OPTUS PUSHES SIMPLUS INTO VIRGIN -06/02/2006 MARKET RIPE FOR MVNOs: Budde -08/12/2005 VIRGIN MOBILE REJECTS BID -08/12/2005 Older news items OPTUS LAUNCHES 3G NETWORK -14/11/2005 TELSTRA TO DEPLOY NEW 3G GSM NETWORK -14/11/2005 ACCC SAYS OPTUS TERMINATION UNREASONABLE -08/11/2005 OPTUS OFFERS SIM BACKUP -02/11/2005 VODAFONE 3G LAUNCHES -31/10/2005 Tag This Now: