Teo Lay Lim appointed as CEO of SPH Media Group
Singapore, 7 February 2022 - SPH Media Trust announced the appointment of Ms Teo Lay Lim as Chief Executive Officer of the SPH Media Group with effect from 1 March 2022.
Ms Teo, who was Chairman of Accenture Singapore until 31 August 2021, will take over from Mr Patrick Daniel who is currently interim CEO.
Prior to joining the SPH Media Group, Ms Teo held numerous leadership roles during her three decades with Accenture. She is a seasoned business leader who has a track record of building businesses from the ground up. Ms Teo started up Accenture’s Customer Relationship Management practice in 2000, and Accenture Analytics and Accenture Sustainability Services in 2008, when these were still emerging sectors. She also spent two years based in Shanghai to develop the CRM practice for Greater China. Ms Teo was Chief Executive of Accenture South-east Asia from 2011 to 2020.
SMT’s Chairman, Mr Khaw Boon Wan said: “On behalf of the SPH Media Group, I would like to extend my deepest appreciation to Patrick for his contributions as interim CEO. He has led the restructuring of the SPH media business under the new not-for-profit economic structure, and enabled the newsrooms to chart a bolder digital transformation journey.”
Mr Khaw added: “Lay Lim brings with her a wealth of experience. She has an acute sense of creating opportunities for commercial growth. Most importantly, she possesses a passion for building and transforming people and organisations for the long-term. The Group looks forward to working closely with Lay Lim on strategies to underscore its vision and mission to produce trusted quality journalism.”
On her appointment as CEO, Ms Teo said: “I am honoured to be given the opportunity to lead the SPH Media Group as CEO during these exciting times. As we work to keep pace with a very dynamic media landscape, I will be working closely with my colleagues in our transformation journey to create trusted products for our always connected audiences.”
When it was announced in May 2021 that the SPH media business would be restructured under a not-for-profit economic structure, Mr Daniel agreed to come out of retirement to take on the role of interim CEO.
On stepping down as interim CEO, Mr Daniel said: “It has been my privilege to lead the transition team overseeing the smooth restructuring of the SPH media business as a not-for-profit entity. I am happy to hand over the reins to Lay Lim. I have every confidence that under her leadership, the SPH Media Group will succeed in its mission.”
Attachment : Profile Photo - Teo Lay Lim_CEO of SPH Media Group
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About SPH Media Trust
SPH Media Trust is incorporated as a public company limited by guarantee. The mission of SPH Media Trust is to be the trusted source of news on Singapore and Asia, to represent the communities that make up Singapore, and to connect them to the world. It has several business segments in the media industry, including the publishing of newspapers, magazines, and books in both print and digital editions. It also owns and operates other businesses including radio stations and outdoor media. For more information on SPH Media Trust, please visit www.sph.com.sg and our social media channels on Facebook, Instagram, LinkedIn, and YouTube.