Chua Sock Koong, Group CEO of Singapore Telecommunications Limited has taken her company to greater heights
When, in 2006, Lee Hsien Yang stepped down as the chief executive officer (CEO) of Sing- Tel – one of the largest mobile network operators in Singapore – “an extensive and rigorous global search” began to find a perfect match for the organisation’s promising future. Two months into the quest and SingTel found its new CEO in its then deputy group CEO and chief finance officer (CFO), Chua Sock Koong.
“As a key member of the senior management team, Sock Koong has been intimately involved in all the key operational decisions, and has had broad exposure across all areas of the business,” said Lee as he justified the company’s choice. As on this date she takes care of three major aspects of SingTel’s business – ‘Group Consumer’, ‘Group Digital Life’ and ‘Group Enterprise’.
At the age of 58, she is the executive and non-independent director of SingTel, a board member of Bharti Airtel Limited, a member of the Singapore Management University’s (SMU) board of trustees and the Public Services Commission. She holds a bachelor of accountancy from the University of Singapore. She is also a Certified Public Accountant (CPA) in Singapore and a CFA charter holder. Chua’s journey with SingTel began in 1989 as a treasurer. Her competence and constant efforts to push theorganisation forward made her the CFO of SingTel within a decade of her joining the organisation. Soon after this, she was recognised for her commendable work with managing the organisation’s treasury, risks, capital and taxation. Her expertise enabled her to manage a diverse portfolio ranging from corporate development to corporate communications and investor relations.
People applauded her for her broad understanding of all areas of the business and noted her significant role in SingTel’s major acquisitions, divestments and partnerships. As the group CFO and CEO international, Sock Koong had also shouldered the responsibility to drive SingTel’s international business management, acquisitions, strategic investments and was instrumental in implementing the national competitiveness strategies (NCS).
She was also responsible for Sing- Tel’s Information Technology wing.