SINGAPORE: PSA International Pte Ltd (PSA) on  29 March announced that Mr Fock Siew Wah will step down as Group Chairman on 1 April 2019, and assume the role of Special Advisor to PSA until his retirement on 31 July 2019. 

 

Mr Peter Voser, currently Deputy Chairman, will be taking on the role of Group Chairman of the PSA Board. As one of PSA’s longest serving Chairmen, Mr Fock has steered PSA with visionary leadership and strategic foresight since August 2005. 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 Twenty-Foot Equivalent Units (TEUs) annually.

 

Mr Peter Voser on his appointment, said, “I am honoured to take on the Chairmanship of PSA at this exciting stage of its development. 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.”

 

Mr Tan Chong Meng, Group CEO of PSA, said, “On behalf of the Management, Unions and Staff, I would like to express our deepest thanks and appreciation to Chairman Fock for his vast contributions to PSA. 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 benefitting from his able stewardship and sharp acumen as we continue to grow our core business in port management and development, while building up new and complementary capabilities in supply chain orchestration.”