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PSA names deputy chair as chairman replacing retiring Fock Siew Wah

SINGAPORE's global port operator PSA International (PSA) has announced that deputy chairman Peter Voser will take over as chairman, replacing Fock Siew Wah, who retires July 31

PSA names deputy chair as chairman replacing retiring Fock Siew Wah

SINGAPORE's global port operator PSA International (PSA) has announced that deputy chairman Peter Voser will take over as chairman, replacing Fock Siew Wah, who retires July 31

31 March 2019 - 19:00

SINGAPORE's global port operator PSA International (PSA) has announced that deputy chairman Peter Voser will take over as chairman, replacing Fock Siew Wah, who retires July 31.

Mr Fock has steered PSA with 'visionary leadership and strategic foresight' since August 2005, said the PSA press release.



'With his astute guidance, the PSA group's global footprint has grown to its current day span of over 50 coastal, inland and rail terminals in 17 countries, and volumes have doubled to more than 80 million TEU,' it said.



Mr Fock championed the establishment of the Howe Yoon Chong-PSA bond-free scholarships in Singapore, which have supported and benefited many students from underprivileged backgrounds over the last decade.



Said Mr Fock: 'For the past 13 years, it has been my honour to serve as PSA's group chairman and to have been a part of the organisation's transformation, an on-going journey that saw its growth from a single port, to its current global footprint.



'I am confident that with Peter taking over to helm the board and Chong Meng leading the management team, PSA will continue to grow and evolve as a major industry leader ?charting new business frontiers, expanding its global influence, facilitating trade, enabling supply chains, touching lives and doing good,' Mr Fock said.



Mr Voser, former CEO of Royal Dutch Shell, has held various leadership roles across Switzerland, the UK, the Netherlands, Argentina and Chile. He was also previously with the boards of Aegon and UBS.



Mr Voser is currently active in several international and bilateral organisations, holding board positions that include, chairmanships of ABB Ltd, the board of trustees of the St Gallen Foundation for International Studies, and Directorships for Roche Holdings Limited, Temasek Holdings, IBM Corporation and Catalyst Inc. He also serves with the Singapore Economic Development Board on its International Advisory Council.



Said Mr Voser: 'Siew Wah has been a beacon of inspiration, wisdom and leadership for the organisation as it navigated the changing environment throughout the years. I am grateful to the board and management team who have helped to lay a firm foundation for PSA to continue its growth as a global industry leader.



Said PSA chief executive Chong Meng: 'I would like to express our deepest thanks and appreciation to Chairman Fock for his vast contributions to PSA. His far-sightedness and deep wisdom were greatly instrumental in guiding the group through our journey of growth.



'I would also like to warmly welcome Peter in his new role as group chairman. PSA is privileged to have Peter at the helm of our board, and we look forward to benefiting from his able stewardship and sharp acumen.'


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