Silverlake Axis 5CP has announced that deputy CEO Cassandra Goh will succeed Andrew Tan as the group’s next CEO from Jan 1, 2025 as part of its planned leadership transition.
According to the Silverlake Axis, Goh’s leadership appointment is part of a planned transition which went through a rigorous and comprehensive succession and nomination process overseen by the group’s board of directors.
She was appointed deputy CEO in May 2022 and deputy executive chairman on Oct 27 this year after 10 years with Silverlake Axis.
“I would like to take this opportunity to thank Andrew Tan for his leadership and stewardship at Silverlake Axis these past years,” says Goh. “The changes he has made to Silverlake Axis’s strategy, structure and organisation has put the company in a better position for continued growth and success.”
“Andrew has led the Company to record revenue achievement while remaining profitable and he took the lead to expand the Company’s business into new client segments and geographies,” she adds.
Tan, who will continue to lead the group until January 2025, says: “In my time at Silverlake Axis, I have become more convinced of the Company’s growth potential given its underlying strong fundamentals. I would like to thank my management team for their steadfast support and belief in the strategy that has taken us to where we are today.
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Shares in Silverlake Axis closed 0.5 cents lower or 1.82% down at 27 cents on Dec 5.
