SCS chief to step down
Singapore tech industry veteran Tan Tong Hai has tendered his resignation as president and CEO at IT services company Singapore Computer Systems.
In a statement on SCS' Web site, the company announced that Tan will be leaving to "pursue other interests".
SCS added that Tan will continue as president and CEO while serving his resignation notice, and will relinquish his roles including that as a director of the Board when he leaves the company. SCS did not indicate the duration of the notice period.
The industry veteran left Pacific Internet to join SCS in August 2005, and has been credited for turning the company around and delivering 11 consecutive quarters of profit.
Also under his leadership, SCS was part of the EDS-led oneMeridian consortium that secured the S$1.3 billion (US$896.7 million) SOEasy project.
Eugene Wee, IDC's research manager for IT services in the Asia-Pacific region, told ZDNet Asia in a phone interview that he expects "business as usual" for SCS even with the departure of Tan. The move, he added, would also have "little or no consequence" on projects such as SOEasy as contractual agreements would have set in place the necessary structure for advancement.
Wee, however, declined to comment on whether Tan's move is related to NCS' purchase of a controlling stake in SCS in August.