13 June 2023
Singapore Airlines shatters glass ceiling with the appointment of JoAnn Tan as its first female Chief Financial Officer, signaling a major step towards gender equality in the aviation industry.
Singapore Airlines (SIA) has made a groundbreaking announcement today, June 12, revealing the appointment of Ms JoAnn Tan as its first-ever female Chief Financial Officer (CFO). The decision comes as a significant milestone for the airline, highlighting its commitment to diversity and gender equality within its leadership ranks. Ms Tan will succeed Mr Tan Kai Ping, who will assume the position of Chief Operations Officer (COO). The official transition is scheduled to take effect from September 10.
Ms JoAnn Tan currently holds the position of Senior Vice President of Marketing Planning at Singapore Airlines. Her exceptional leadership and strategic initiatives played a pivotal role in restoring the company’s network connectivity and capacity following the reopening of international borders amidst the ongoing pandemic. The airline’s statement credited her efforts as critical in capturing the substantial pent-up demand for air travel, resulting in record passenger revenue for FY2022/23.
Furthermore, Ms Tan’s successful management of synergies between SIA and its budget airline, Scoot, has significantly contributed to enhanced network coverage and cross-sales. Her oversight extended beyond the core airline operations, encompassing SIA’s adjacent business engines such as KrisFlyer, Kris+, and Pelago throughout the challenging period of the pandemic.
Singapore Airlines emphasized that, under Ms Tan’s watch, the company has fortified its strategic partnerships with multiple global airlines. This proactive approach has solidified SIA’s presence in key markets while granting customers an expanded array of travel options.
Outgoing CFO, Mr Tan Kai Ping, is renowned for his instrumental role in bolstering Singapore Airlines’ financial resilience. He was notably involved in the proposed merger between Air India and Vistara, which underscored the airline’s commitment to growth and expansion. In his new position as Chief Operations Officer, Mr Tan will assume responsibility for Singapore Airlines’ Cabin Crew, Customer Services and Operations, Engineering, and Flight Operations divisions.
The groundbreaking appointment of Ms JoAnn Tan as Singapore Airlines’ first female Chief Financial Officer marks a significant step forward in the airline’s ongoing journey towards gender equality and inclusive leadership. With her extensive experience and proven track record, Ms Tan is poised to make an indelible impact on the airline’s financial strategy and overall success. The entire industry will be closely watching as Singapore Airlines continues to pave the way for diversity and female representation in top executive roles.