Pacc Offshore Services (POSH) has announced changes to its senior management team as part of its leadership renewal programme.
Current chief financial officer (CFO) Thai Kum Foon will leave her role to join POSH’s parent group Kuok Singapore.
She will be succeeded by deputy CFO Michael Lim Han Boon, with effect from 1 January 2017.
POSH has also created a new position for a deputy chief executive officer, which will be filled by Lee Keng Lin.
Lee will assume full responsibility for day-to-day commercial and operational activities when he gets promoted from his current role as chief operating officer.
Gerald Seow, chief executive of POSH, said: “We thank Kum Foon for her exemplary service with POSH where she was instrumental in maintaining our financial resilience amid difficult times.
“Keng Lin and Michael are already invaluable members of the POSH senior leadership team and their expanded roles will enable us to further utilise their skills, dynamism and deep experience.
“Together, we will take POSH forward and position ourselves for the eventual longer-term recovery of our sector.”
