CFA Society Singapore
SINGAPORE (Apr 20): StarHub has appointed former senior executive Peter Kaliaropoulos, 58, as its group CEO from July 9.
Kaliaropoulos will succeed Tan Tong Hai, who will relinquish his appointment as chief executive from May.
In a Friday filing before market opening, the group says Kaliaropoulos will join StarHub from Zain Saudi Arabia, where as CEO, he led the company to its first-ever net profit in 2017 after 10 years of operations.
Kaliaropoulos was a key member of the StarHub senior executive team which launched the company operations in the Singapore market in April 2000.
Kaliaropoulos brings with him 35 years of experience in the global ICT sector working with senior executive teams to drive growth and transformation.
Previous experience includes senior leadership roles as CEO, MD and COO with a number of wireless and fully integrated companies including BT (Asia Pacific), Telstra (Australia & USA) and Optus (Australia).
In selecting its new CEO, StarHub said key criteria included strong leadership beyond conventional frameworks; understanding of the new market dynamics around intense competition; and one with diverse experience in the telco industry to better lead the team to deal with the rapid changes in the highly competitive environment.
"This appointment is the result of an extensive and rigorous global executive search. As a telco veteran with a proven track record of achievements across a wide range of markets, and broad industry knowledge, the Board is confident that Peter is well qualified to lead StarHub in pursuing new opportunities and managing the challenges that operators face today,” says StarHub Chairman, Terry Clontz.
Shares in StarHub closed 1 cent lower at $2.32 on Thursday.