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VICOM CEO retirement forces leadership shift

VICOM Ltd has announced a leadership transition with Deputy CEO Chung Tying Chun set to become CEO on 1 January 2027, following the retirement of current CEO Sim Wing Yew on 31 December 2026. This move is part of VICOM’s structured succession planning aimed at ensuring continuity and strengthening its Testing, Inspection, and Certification (TIC) capabilities.

Chung, who joined VICOM in 2013, has been instrumental in expanding the company’s testing capacity and capabilities in high-growth areas such as medical devices and consumer electronics. He was appointed Deputy CEO on 1 May 2026 and will step down as CEO of Setsco Services Pte Ltd on 1 July 2026 to focus on his new role at VICOM.

Sim, who has served as CEO for 14 years, expressed gratitude for the support he received during his tenure, stating, “Together, we have strengthened VICOM’s position as a trusted TIC partner.” Dr Tan Kim Siew, Chairman of VICOM, praised Sim’s leadership and expressed confidence in Chung’s ability to lead the company into its next phase of growth.

Chung commented on his new role, saying, “I am deeply honoured to be entrusted with leading VICOM into its next chapter.” He aims to leverage the company’s existing strengths and drive growth in the evolving TIC sector.

The transition will also see Ng Soon Lee take over as Acting CEO of SETSCO, ensuring a smooth handover and continued focus on VICOM’s strategic objectives.
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This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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