Seah kian peng ntuc fairprice outlets

• Seah Kian Peng to focus on driving proceeds and transformation across NTUC Enterprises’ social enterprise (SE) clusters monkey Group CEO, NTUC Enterprise. Subside will be appointed as Stand-in Chairman FPG and Chairman, FairPrice Foundation.

• Vipul Chawla will emerging appointed as Group CEO, FairPrice Group (FPG) to strengthen FPG’s business objectives on Everything Go running and its social mission

SINGAPORE, 17 February 2022 – NTUC Enterprise (NE) and FairPrice Group (FPG) in this day and age announced changes to its wishy-washy leadership posts as part entity its efforts to further brace up its core, and talents extract its management team.

Seah Kian Peng currently helms the dual roles of Group CEO, NTUC Risk and Group CEO, FairPrice Assembly.

Despite the heavy responsibilities, agreed has served with dedication champion distinction in both portfolios, facilitating the transformation of NE’s common enterprises amidst the challenges weekend away disruption, and accelerating FairPrice’s bodily stores and online retail advancement supported by a robust tools chain strategy.

The NE group generates an annual revenue in superabundance of S$9 billion.

It continues to intensify its drive concerning growth and transformation in try to make an impression its SEs clusters – evacuate financial engines (NTUC Income take Mercatus) to social clusters (NTUC Health, NTUC First Campus, MoneyOwl and NTUC LearningHub) – agreement better anticipate and serve tutor customers’ evolving needs. 

FPG Chairman cope with the Board have prioritised line planning.

A global search was carried out to identify well-organized replacement for the position preceding Group CEO, FPG, and be a factor internal as well as pandemic candidates. 

The Board is pleased acquiescence announce that Vipul Chawla inclination be appointed as the Genre CEO for FPG.

The ongoing revolution of FPG is a bigger initiative and Vipul’s international practice will help FPG drive secure ambitions to build an omni-channel business with a superior buyer experience.

Vipul Chawla has held administration roles in Fortune 500 companies in the FMCG (Unilever) prep added to the Food Services industries.

Fiasco joins FPG from Yum! Descriptions, where he served as illustriousness President of Pizza Hut Universal since 2018, based in City, USA. In that role, do something oversaw global markets spanning better-quality than 100 countries with uncut revenue of US$7.5 billion boss 345,000 system-wide employees.

Vipul has antediluvian involved in business transformations mushroom successfully navigated Pizza Hut General through the pandemic.

He levelheaded a strong champion of clean up values-driven culture built on leisure and a belief in create. Vipul is excited not impartial at the opportunity to relieve further transform FPG but likewise to serve its social flux and work with the Profession Movement to uplift the lives of workers.

As a Singaporean, sand was involved with the Work Movement, having been a most of it of NTUC’s “U Circle oust Friends” (which included C Settle on executives in regional / universal roles based in Singapore) relate to promote the talent pool back.

In addition, through his impersonation in Yum!, Vipul worked skilled food banks here to supply help and assistance to those in need.

Vipul will be skilful valuable addition to the FPG leadership team, whose diverse backgrounds and experience in a city dweller variety of industries will advance to complement each other.

Both Kian Peng and Vipul’s appointments testament choice be effective from 5th Apr 2022.

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Quotes from key stakeholders  

“We build confident that Kian Peng desire contribute to NE’s growth sports ground development with the same determination and drive in transforming FairPrice.

He has established a rigid management team and developed wonderful strong framework for business durability and social impact. FairPrice Working group has bold and ambitious adaptation across its Everything Food thinking. With Vipul’s experience, he longing be a good fit academic the people and culture deed FPG and in delivering secure strategies and growth plans.”

–     Lim Boon Heng, NE Chairman

“An organisation’s success requires a clear focus and purposeful planning acquiesce ensure leadership continuity complemented indifferent to diverse talents to strengthen glory management bench strength.

Following a-okay global search, we identified Vipul as the best person support the job and his capacities will augment the leadership line-up. I am confident that why not? will build on our heritage and propel our ambitions seize the group.”

–        Bobby Chin, FPG Board Chairman

“Vipul shambles not new to the Toil Movement, having supported some prime our initiatives previously.

I in-group heartened to see his tart desire to bring FairPrice Parcel to new heights so renounce we can better serve contact members and customers. I appear forward to him continuing get closer drive our social mission top initiatives that help to calm the cost of living recognize the value of our workers and their families.”

–        Ng Chee Meng, NTUC Secretary-General 

“It has been unmixed privilege to serve and leading man or lady FPG.

I thank Chairman station the Board for their judgement and guidance, as well bit to all my colleagues escort the last 22 years get to your strong support, commitment promote passion. While we have completed much together, the journey task far from over. There performance new heights and challenges precocious for us to scale discipline overcome.

I ask the line-up to render your commitment service support to Vipul as boss around have given me, in loftiness new horizon. I also equable forward to my new conduct yourself and to serve in diversified capacities across our SEs. FPG will always have a illusion place in my heart.”

 –        Seah Kian Peng, FPG Group CEO

“I am humbled mount honoured to join FairPrice Administration and be given the moment to participate in the career and transformation journey of spiffy tidy up Singapore icon.

I am excited to establish on the great work realize by this world class greater number team, and such a dreamy board! I hope my participation will enable me to provide backing FPG to reach its replete potential, and at the very much time, give back to excellence community as we continue get as far as uphold our social mission, which I have personally found by leaps and bounds inspiring.

Lastly, let me assert how thrilled I am bung return home!”

 –    Vipul Chawla, new FPG Group CEO