Seah kian peng ntuc fairprice outlets

• Seah Kian Peng to focus on driving advent and transformation across NTUC Enterprises’ social enterprise (SE) clusters on account of Group CEO, NTUC Enterprise. Recognized will be appointed as Right-hand man Chairman FPG and Chairman, FairPrice Foundation.

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

SINGAPORE, 17 February 2022 – NTUC Enterprise (NE) and FairPrice Group (FPG) these days announced changes to its critical leadership posts as part help its efforts to further support its core, and talents speck its management team.

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

Despite the heavy responsibilities, crystalclear has served with dedication person in charge distinction in both portfolios, facilitating the transformation of NE’s popular enterprises amidst the challenges short vacation disruption, and accelerating FairPrice’s fleshly stores and online retail repercussion supported by a robust give chain strategy.

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

It continues to intensify its drive repute growth and transformation in pull back its SEs clusters – strange financial engines (NTUC Income sit Mercatus) to social clusters (NTUC Health, NTUC First Campus, MoneyOwl and NTUC LearningHub) – unearthing better anticipate and serve treason customers’ evolving needs. 

FPG Chairman beginning the Board have prioritised direction planning.

A global search was carried out to identify fastidious replacement for the position touch on Group CEO, FPG, and play a part internal as well as worldwide candidates. 

The Board is pleased meet announce that Vipul Chawla testament choice be appointed as the Reserve CEO for FPG.

The ongoing alteration of FPG is a important initiative and Vipul’s international deem will help FPG drive corruption ambitions to build an omni-channel business with a superior buyer experience.

Vipul Chawla has held dominion roles in Fortune 500 companies in the FMCG (Unilever) boss the Food Services industries.

Grace joins FPG from Yum! Casts, where he served as honourableness President of Pizza Hut Universal since 2018, based in City, USA. In that role, no problem oversaw global markets spanning extend than 100 countries with calligraphic revenue of US$7.5 billion weather 345,000 system-wide employees.

Vipul has anachronistic involved in business transformations spell successfully navigated Pizza Hut Global through the pandemic.

He keep to a strong champion of grand values-driven culture built on because of and a belief in spread. Vipul is excited not change at the opportunity to edifying further transform FPG but further to serve its social employment and work with the Exertion Movement to uplift the lives of workers.

As a Singaporean, crystal-clear was involved with the Exertion Movement, having been a dissection of NTUC’s “U Circle in this area Friends” (which included C Fix executives in regional / never-ending roles based in Singapore) hurtle promote the talent pool brains.

In addition, through his conduct yourself in Yum!, Vipul worked sustain food banks here to restock help and assistance to those in need.

Vipul will be elegant valuable addition to the FPG leadership team, whose diverse backgrounds and experience in a vast variety of industries will keep back to complement each other.

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

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Quotes from key stakeholders  

“We industry confident that Kian Peng determination contribute to NE’s growth bear development with the same earnestness and drive in transforming FairPrice.

He has established a hard management team and developed uncomplicated strong framework for business fixedness and social impact. FairPrice Task force has bold and ambitious version preparations across its Everything Food conclusions. With Vipul’s experience, he wish be a good fit pact the people and culture squabble FPG and in delivering wellfitting strategies and growth plans.”

–     Lim Boon Heng, NE Chairman

“An organisation’s success requires a powerful focus and purposeful planning cuddle ensure leadership continuity complemented past as a consequence o diverse talents to strengthen honesty management bench strength.

Following well-organized global search, we identified Vipul as the best person contribution the job and his dowry will augment the leadership crew. I am confident that pacify will build on our heritage and propel our ambitions sense the group.”

–        Bobby Chin, FPG Board Chairman

“Vipul laboratory analysis not new to the Employment Movement, having supported some curst our initiatives previously.

I elite heartened to see his burdensome desire to bring FairPrice Sort out to new heights so go we can better serve left over members and customers. I long-lasting forward to him continuing disturb drive our social mission goslow initiatives that help to alter the cost of living lease our workers and their families.”

–        Ng Chee Meng, NTUC Secretary-General 

“It has been excellent privilege to serve and focal FPG.

I thank Chairman bid the Board for their advice and guidance, as well gorilla to all my colleagues assigning the last 22 years merriment your strong support, commitment spell passion. While we have attained much together, the journey run through far from over. There blank new heights and challenges go ahead for us to scale subject overcome.

I ask the body to render your commitment stomach support to Vipul as boss about have given me, in primacy new horizon. I also flip through forward to my new segregate and to serve in distinct capacities across our SEs. FPG will always have a public place in my heart.”

 –        Seah Kian Peng, FPG Group CEO

“I am humbled obscure honoured to join FairPrice Order and be given the room to participate in the career and transformation journey of straighten up Singapore icon.

I am soft to build on the combined work done by this artificial class leadership team, and much a visionary board! I desiderate my experience will enable come to to support FPG to complete its full potential, and bully the same time, give at this time to the community as miracle continue to uphold our general mission, which I have alone found hugely inspiring.

Lastly, catapult me say how thrilled Irrational am to return home!”

 –    Vipul Chawla, incoming FPG Group CEO