<article>Singapore Post Ltd (<a style="color: #000080;" href="http://www.dealstreetasia.com/stories/alibaba-raises-stake-singpost-preps-competition-amazon-60818/" target="_blank">SingPost</a>) has appointed Paul William Coutts as the Group CEO.</article>

Singapore Post Ltd (<a style="color: #000080;" href="http://www.dealstreetasia.com/stories/alibaba-raises-stake-singpost-preps-competition-amazon-60818/" target="_blank">SingPost</a>) has appointed Paul William Coutts as the Group CEO.
Coutts, a logistics industry veteran with 20 years of experience, has previously held C-suite positions at major global logistics and postal companies.
In an announcement to  the Singapore stock exchange on Thursday, SingPost said, Coutts, who was appointed as a non-Independent Director, will take charge of the positions in June.
The 60-year-old Coutts joins the company from Toll Global Forwarding, one of the five divisions in the Toll Group, where he was CEO since 2013 in a global role based in Singapore.
He has attended several executive programmes at the Wharton School of the University of Pennsylvania, Stanford Graduate School of Business, and London Business School.
“It is exciting to have the opportunity to lead SingPost through a transformation into an eCommerce logistics company. The natural fit of postal services with eCommerce logistics, together with Singapore’s strategic position as a hub, provides a platform to build a world-class business,” Coutts said.
SingPost&#8217;s announcement of hiring of veteran from the logistics industry, closely follows an earlier news this month regarding e-commerce giant <a style="color: #000080;" href="http://www.dealstreetasia.com/stories/alibaba-entertainment-affiliate-to-invest-over-7-2b-over-next-three-years-61650/" target="_blank">Alibaba </a>raising its stake in SingPost.
At a time when e-commerce firms globally are known to have their own logistics unit for the importance it assumes in their line of business Alibaba will raise its stake in SingPost to 14.4 per cent from 10.2 per cent at present. In fact, Alibaba&#8217;s logistics arm is also spreading its footprint globally, the latest being Russia.
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<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/alibaba-raises-stake-singpost-preps-competition-amazon-60818/" target="_blank">Alibaba raises stake in SingPost, preps for competition with Amazon</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/singposts-jv-alibaba-hits-snag-time-sought-close-deal-31451/">SingPost’s JV with Alibaba hits snag. More time sought to close deal.</a>
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Singapore Post Ltd (SingPost) has appointed Paul William Coutts as the Group CEO, someone with 20 years of experience in C-suite positions at major global logistics and postal companies.

SingPost appoints Paul William Coutts as Group CEO

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SingPost appoints Paul William Coutts as Group CEO

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