Chunghwa Telecom announced the appointment of President Mr. Shui-Yi Kuo as the new Chairman, succeeding Mr. Chi-Mau Sheih, effective May 5, 2023. The appointment was passed by the Board of Directors in an extraordinary board meeting held today.
Kuo has extensive experience; since joining Chunghwa Telecom, he has served in various leadership positions including Chief Financial Officer and President.
Chairman Kuo shared his four ABC strategies, four values and three visions developed under the current internal and external context and learned from the predecessors in the telecom industry and world-class enterprises and leaders in the handover ceremony held right after the extraordinary board meeting.
According to Chairman Kuo, the company's mission, based on its four ABC assets meaning the partner asset, technology platform, infrastructure asset and talent asset, is to build trustworthy digital ecosystems to enable individuals, families, governments, enterprise customers and international customers to create values for customers, strategic partners, shareholders and employees. Chairman Kuo also pledged to lead the company forward based on the company's "Always Ahead" spirit and a shared value system comprised of integrity, customers' trust, creation of value and innovation, commitment to accountability.
In fact, Chunghwa Telecom just delivered its five-year high performance in 2022, building on its "Rise on together 2021" strategic transformation and the successful organization transformation. Chairman Kuo said the company will not stop its step toward transformation and will keep pursuing transcendence. He presented three visions for the company to incubate the next growth engine: to become the international benchmark based on ESG goals; to become a leading brand of digital ecosystem enablers; and to become a top high-tech company with market value far beyond 100 million.
that is way Chunghwa Telecom will continue to affirm our pursuit of sustainability and do the utmost to contribute to our earth.
In terms of business development, Chairmen Kuo proposed for everyone to work together. The Three Fleets of Business" refer to the three major business groups including Consumer Business Group, Enterprise Business Group, and International Business Group. The "Three Keys of Technologies" represent the needs to build a talent pool, a technology repository, and a standard blueprint.
In addition, to expand our business and service scope, Chairman Kuo pointed out that Chunghwa Telecom will actively carry out strategic investment and encourage subsidiaries and affiliates to propose their initial public offerings. Chunghwa Telecom will also actively leverage its real estate assets to make the Chunghwa Fleet stronger.
In order to become a co-creator of the digital ecosystems, Chunghwa Telecom will continue to broadly build alliances and create mutual benefit and common prosperity. Chairman Kuo has given a new interpretation to the three letters that make up the English abbreviation for Chunghwa Telecom (CHT). He redefines CHT as , which echoes with the company's slogan and showcased the company's commitment to collaboration and innovation.
Chairman Kuo concluded his speech with the emphasis on the importance of passing on the legacy. He expressed gratitude to the previous leaders of the company for the heritage and legacy they left, which contributed to the leading status of Today's Chunghwa Telecom. The company's logo is comprised of two Cs, referring to Communication and Connectivity, which illustrates the business scope and value of the company; " Communicating affection among people, connecting hearts in the world" explains the true essence of communication; and demonstrates the company's shared philosophy of delivering service and values, which all unite Chunghwa Telecom toward the same direction. Kuo pledged to continue inheriting the wisdom and experience of the predecessors and leading the company "Always Ahead".
