Singtel last week announced a reorganisation of its structure designed to position the Group to capture new digital growth.
Key to this is the creation of a new portfolio under its Group Enterprise division dedicated to driving 5G Enterprise business across the region by leveraging the Group’s regional footprint.
The move to help businesses accelerate their digital transformation comes as companies embrace new business models and race to go digital in response to COVID-19 and the resulting changes that travel restrictions and lockdowns have had on the broader business landscape. In addition, Singtel’s ICT arm NCS, the largest ICT services provider in Southeast Asia, will report directly to the Group CEO to accelerate its expansion into Asia Pacific, with special focus on Australia and China. These changes will take effect from 1 January 2021.
From 1 April 2021, the International Group, which currently manages Singtel’s portfolio of strategic telecom investments, will be brought under the Group CFO office. These changes will result in the modification of the Group’s management structure with new appointments to the management committee.
Yuen Kuan Moon, Group CEO, Singtel
5G is going to be more than just a connectivity play for us and this refocus of the business will allow us to go after the digital growth that 5G will fuel as a plethora of use cases and business models emerge. With COVID-19 also changing the game for companies, we see this as an opportune time to reset our business and prioritise areas where we see the greatest opportunities for growth by leveraging our extensive footprint across Asia.
