BUILDING & ENGINEERING | Staff Reporter, Singapore

ST Engineering reveals restructuring plans

The new changes will take effect on 1 January 2021.

Global technology, defence, and engineering group ST Engineering has revealed its new organisational changes to take effect beginning 1 January 2021.

According to a media release, “ST Engineering will be reorganised as commercial and defence and public security clusters, replacing the sector-structure of aerospace, electronics, land systems, and marine.”

The restructure is designed to allow a better execution of the group’s global growth strategy of strengthening its core businesses, and pursuing growth in smart city and international defence businesses, as well as for customer-centricity, it added.

“The commercial cluster will fuel the group’s international growth through areas in commercial aerospace, urban solutions and satellite communications domains, to be known as global business areas to reflect the group’s desire to build global champions,” said ST Engineering.

Meanwhile, the defence and public security cluster will “integrate capabilities to be organised as a single cluster comprising defence business areas, namely digital systems and cyber, land systems, marine and defence aerospace,” the group added.

ST Engineering will also establish a Group Engineering Centre that will work closely with its Technology Office to bolster advanced technology and engineering applications for defence and commercial businesses.

Another change to ST Engineering would be a new leadership structure. According to the group, it would be led by a group executive committee comprising of Vincent Chong, group president and CEO; Cedric Foo, group chief financial officer; Lim Serh Ghee, group chief operating officer for operations excellence and chief commercial officer; and Ravinder Singh, group chief operating officer for technology and innovation as well as president/head of defence and public security.

The group executive committee will be supported by a group senior business council and a group senior management team, composed of select business leaders and corporate function heads, added ST Engineering.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.