PSA International, one of the world's largest port operators, announced that Peter Voser, currently Deputy Chairman, is taking on the role of Group Chairman of the PSA Board.
Fock Siew Wah stepped down as Group Chairman on 1 April 2019, and will assume the role of Special Advisor to PSA until his retirement on 31 July 2019.
As one of PSA’s longest serving Chairmen, Fock has steered PSA with visionary leadership and strategic foresight since August 2005. With his astute guidance, the PSA Group’s global footprint has grown to its current day span of over 50 coastal, inland and rail terminals in 17 countries, and volumes have doubled to more than 80 million Twenty-Foot Equivalent Units (TEUs) annually.
Fock said: "I am confident that with Peter taking over to helm the Board and Chong Meng leading the Management team, PSA will continue to grow and evolve as a major industry leader – charting new business frontiers, expanding its global influence, facilitating trade, enabling supply chains, touching lives and doing good."
Peter Voser brings to PSA a wealth of experience and insights across various industries and countries. As a former CEO of Royal Dutch Shell, he held various leadership roles across Switzerland, the UK, the Netherlands, Argentina and Chile. He was also previously with the Boards of Aegon and UBS.
Voser is currently active in several international and bilateral organisations, holding Board positions that include, Chairmanships of ABB Ltd, the Board of Trustees of the St Gallen Foundation for International Studies, and Directorships for Roche Holdings Limited, Temasek Holdings, IBM Corporation and Catalyst Inc. He also serves with the Singapore Economic Development Board on its International Advisory Council.
On his appointment, Voser said, “I am honoured to take on the Chairmanship of PSA at this exciting stage of its development. I am grateful to the Board and Management team who have helped to lay a firm foundation for PSA to continue its growth as a global industry leader. Building on their good work, I intend to continue steering the Group towards a sustainable growth trajectory built on integrity, trust and collaboration with our internal and external stakeholders. PSA is already a brand name in the ports and shipping circles and it is my hope that PSA will achieve a strong standing in the sphere of supply chain orchestration as well.”
