Lars Karstrup to step down – what does it mean for Singapore’s PIL?

Pacific International Lines is preparing for a potentially significant leadership transition, after announcing that chief executive Lars Kastrup (above, right) is to step down and be replaced by Wan Chee Foong (above, left), currently MD, corporate strategy, at Temasek International, PIL’s owner. The Singapore-headquartered carrier announced the moves at an internal company meeting this week, and yesterday confirmed a six-month transition process, Mr Wan initially serving as deputy CEO from next ... The post Lars Karstrup to step down – what does it mean for Singapore’s PIL? appeared first on The Loadstar .