The Singapore Business Federation (SBF) has announced a leadership transition with S.S. Teo taking over as Chairman from Lim Ming Yan, effective today. Teo, who previously held the position from 2014 to 2020, is the Executive Chairman of Pacific International Lines and brings extensive experience in internationalisation and regional business engagement.
Lim Ming Yan, who led SBF through significant challenges including the COVID-19 pandemic, has been praised for his contributions to digitalisation and workforce development. He expressed gratitude for the support received during his tenure, stating, “It has been an honour to serve as Chairman of the Singapore Business Federation over the past five years. I am deeply grateful to our members, the Council, partners, and the SBF Secretariat for their unwavering support and collaboration.”
Teo, who also chairs SBF’s Internationalisation Action Committee, aims to continue advancing SBF’s strategic priorities. “Under Ming Yan’s leadership, SBF strengthened its advocacy and broadened its partnerships across sectors. I thank him for his steady hand and service to the Federation,” Teo remarked.
Kok Ping Soon, CEO of SBF, highlighted the importance of this transition, noting, “Mr Lim’s leadership has been instrumental in steering SBF through a time of profound change. His guidance has been invaluable to the Secretariat.”
This leadership change is expected to bring continuity and renewed momentum as SBF continues to support Singapore’s business community in navigating the global economic landscape.
“`
