Home News Leadership

Leadership shuffles occur at ComfortDelGro and subsidary SBS Transit

Lim Hui Jie
Lim Hui Jie12/8/2022 06:02 PM GMT+08  • 2 min read
Leadership shuffles occur at ComfortDelGro and subsidary SBS Transit
Two of the three appointments were former Air Force personnel.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

A leadership shuffle at taxi operator ComfortDelGro and its subsidiary SBS Transit has seen the three appointments to top roles at the two companies from Jan 1, 2023.

At SBS Transit, Jeffery Sim, the current CEO of SBS Transit’s rail arm, SBS Transit Rail will be appointed group CEO of SBS Transit.

Sim had assumed various positions in rail engineering and rail development.

Under his watch, the Downtown Line (DTL) achieved the distinction of being the most reliable MRT line in the world, clocking more than four million train-km in Mean Kilometres Between Failure (MKBF) in 2021 and year-to-date 2022.

He succeeds current SBS Transit group CEO Cheng Siak Kian, who also holds the concurrent role of ComfortDelGro deputy CEO.

Cheng will be promoted to managing director and group CEO of ComfortDelGro, succeeding current managing director and group CEO Yang Ban Seng.

See also: Yeo’s announces resignation of CEO and changes to senior leadership

In their new posts, Sim will lead and oversee the day-to-day management of SBS Transit, while Cheng will be managing and leading the business of ComfortDelGro.

Both Sim and Cheng had been with SBS Transit since Sep 2015, and prior to their stints at SBS Transit, both had been from the Republic of Singapore Air Force (RSAF).

Cheng was a formation commander of the RSAF’s Air Defence and Operational Command, while Sim was a group commander of the RSAF’s 9 Air Engineering and Logistics Group

See also: Capitaland Investment appoints new COO and CFO, creates three new leadership roles

ComfortDelGro will also see its current group CFO Koh Thong Hean appointed to the additional post of group deputy CEO, where he will be overseeing the corporate services division of ComfortDelGro and reporting to Cheng.

Shares of SBS Transit closed flat at $2.57 on Dec 8, while ComfortDelGro shares closed flat at $1.24.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.