PSA International Pte Ltd (PSA) announces that Mr Fock Siew Wah will step down as Group Chairman on 1st April 2019, and assume the role of Special Advisor to PSA until his retirement on 31st July 2019. Mr Peter Voser, currently Deputy Chairman, will be taking on the role of Group Chairman of the PSA Board.
As one of PSA’s longest serving Chairmen, Mr 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.
Mr Fock also spearheaded PSA’s efforts in giving back to the communities. He championed the establishment of the Howe Yoon Chong-PSA bond-free scholarships in Singapore, which have supported and benefitted many students from underprivileged backgrounds over the last decade.