The Public Service Division ( PSD ) announced on Monday ( Apr 8 ) that Mr. Chan Yeng Kit will step down as SPH Media’s Permanent Secretary for Health and take over as its CEO starting on July 15.
He replaces Ms Teo Lay Lim, who had been SPH Media CEO, since March 2022. Ms Teo is retiring from SPH Media, the organization said in a press release.
On July 1, Ms. Lai Wei Lin did step down from her positions as Permanent Secretary for Transport Development and Second Permanent Secretary for Finance.
She may succeed Mr. Chan as Health Permanent Secretary starting on July 15.
Mr. Chan, 59, was appointed to SPH Media Holdings ‘ board of directors after stepping down as Infocomm Media Development Authority ( IMDA ) chairman in March.
He has held posts across several departments, including trade and industry, education and military.
He stepped down from his position as Lasting Secretary for the Ministry of Defense in December 2019. He will now be the Ministry of Health’s Permanent Secretary.
His legal services career began in 1989 as an assistant director for the Ministry of Finance’s Public Service Division.
He later worked for Keppel Corporation and the labor movement, where he was a member of the collaboration that built the Singapore-Suzhou Industrial Park in China.
In 2005, Mr Chan was appointed IMDA CEO, an organization which came under the subsequently- Ministry of Information, Communications and the Art.
After the multimedia company was acquired by Singapore Press Holdings, SPH Media Trust, publisher of news publications like the Straits Times, the Business Times, and Lianhe Zaobao, started operating as a not-for-profit object in December 2021.
The government announced in February 2022 that SPH Media Trust may receive up to S$ 900 million ( US$ 666 million ) in funding support over the course of the following five years.
Thus way, around S$ 320 million has been disbursed to SPH Media across FY2022 and FY2023. According to Minister for Communications and Information Josephine Teo, who spoke to parliament earlier this month, some important performance goals were never met, so it did not receive the total revenue.
SPH Media has made the most of the government money, but it still has” considerable catch-up” to do, according to Mrs. Teo, who spoke on March 1.
In addition to providing additional help as it works to maintain its importance in this divisive internet culture, she continued, “SPH Media will need to do more to sustain its importance.”