Toll Global Forwarding, Paul Coutts, has been appointed to the position of Group CEO of Singapore Post (SingPost) and also as a non-independent Director member of its Board, effective 1 June 2017. Coutts takes over from Wolfgang Baier who submitted his surprise resignation in early December 2016.
In a statement, the chairman of SingPost, Simon Israel, said: “The SingPost Board is delighted to announce Paul’s appointment as Group CEO. Given his seniority and the experience he brings from an extensive logistics and postal career including global leadership roles, Paul is well positioned to provide overall leadership to the transformation of the Group, integrate SingPost’s eCommerce logistics platforms and build out a globally competitive business.”
Coutts, 60, has been CEO of Toll Global Forwarding since February 2013 based in Singapore.
Commenting on his appointment, he said: “It is exciting to have the opportunity to lead SingPost through a transformation into an eCommerce logistics company. The natural fit of postal services with eCommerce logistics, together with Singapore’s strategic position as a hub, provides a platform to build a world-class business.”