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SingPost appoints new CFO after whistleblower fallout

Singapore Post has appointed Isaac Mah as its new group finance chief following the dismissal of three senior executives for mishandling a whistleblower report.

Mah joined the organization in 2019 and previously served as the CFO of the company’s Australia division.

He was instrumental in overseeing the sale of the division to private equity firm Pacific Equity Partners.

Last week, Singapore Post terminated CFO Vincent Yik, CEO Vincent Phang, and Li Yu, head of its international business unit, due to “negligence” in managing a whistleblower report.

This report detailed alleged misconduct involving employees in the company’s international ecommerce logistics division.

Recent Singapore Post developments

Timeline
23-Dec-2024 ⚖️ SingPost fires CEO, CFO over handling of whistleblower’s report
  • SingPost terminates three senior management staff
  • Negligence in handling whistleblower report cited
19-Jul-2022 📈 Ada acquires SingPost’s ecommerce arm in strategic partnership
  • Ada acquires SingPost’s ecommerce arm.
  • Expansion boosts Ada’s ecommerce workforce to over 300.
26-Jul-2018 🚖 Another ride-hailing app enters Singapore’s post-Uber vacuum – and it’s on the blockchain
  • MVL launches Tada, a zero-commission app
  • Drivers can work with other services; rewards offered
08-Oct-2015 🚁 The future is here: Singapore Post tests drone deliveries
  • SingPost tests world’s first drone mail delivery.
  • Trial delivered items in 5 mins, now seeking approvals.
11-Mar-2015 🍬 Singapore deal discovery app Sugar raises $720k to date, expands to Hong Kong

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