Former chairman of Accenture Singapore appointed CEO of SPH Media Group

SINGAPORE — Ms Teo Lay Lim, former chairman of Accenture Singapore, has been appointed the chief executive officer of SPH Media Group.

She will take over from interim CEO and veteran journalist Patrick Daniel from March 1, SPH Media Trust said in a media release on Monday (Feb 7). 

SPH Media Group was spun off from Singapore Press Holdings (SPH), which announced last year that it will transfer its core media business to a not-for-profit entity amid falling advertising revenue. 

During her 30 years with IT services and consulting firm Accenture Singapore, Ms Teo held various leadership roles, which includes being chief executive of Accenture Southeast Asia from 2011 to 2020.

SPH Media Trust said: “She is a seasoned business leader who has a track record of building businesses from the ground up.

"Ms Teo started up Accenture’s Customer Relationship Management practice in 2000, and Accenture Analytics and Accenture Sustainability Services in 2008, when these were still emerging sectors."

Former Cabinet Minister Khaw Boon Wan, now chairman of SPH Media Trust, said that Ms Teo has an “acute sense of creating opportunities for commercial growth”.

“Most importantly, she possesses a passion for building and transforming people and organisations for the long term. The group looks forward to working closely with Lay Lim on strategies to underscore its vision and mission to produce trusted quality journalism,” Mr Khaw added.

He also thanked Mr Daniel for coming out of retirement to take on the role of interim CEO.

“He has led the restructuring of the SPH media business under the new not-for-profit economic structure and enabled the newsrooms to chart a bolder digital transformation journey,” Mr Khaw.

On her new appointment, Ms Teo said: “I am honoured to be given the opportunity to lead the SPH Media Group as CEO during these exciting times.

“As we work to keep pace with a very dynamic media landscape, I will be working closely with my colleagues in our transformation journey to create trusted products for our always-connected audiences.” CNA 

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