28 August 2023
PSA International Pte Ltd (“PSA”) announces today that Mike Andaloro, CEO PSA BDP and concurrently its CEO Sales and Operations, will be retiring following a fulfilling, lengthy career. PSA BDP, a wholly-owned subsidiary and the cargo solutions arm of PSA, is headquartered in Philadelphia, USA.
Wan Chee Foong, currently Regional CEO Middle East South Asia and Head of Group Business Development, PSA, will be appointed as CEO PSA BDP from 3 October 2023. Mike will remain in office till the end of September to support the CEO transition process.
Vincent Ng, currently CEO Enterprise Growth / CFO PSA BDP, will concurrently take over Chee Foong’s dual role of Regional CEO MESA and Head of Group Business Development, PSA.
Hector Gonzalez, currently COO of PSA BDP, will be promoted to CEO Sales & Operations, succeeding Mike in the leadership of the key commercial and delivery engines of the business, and becoming a member of the PSA Senior Management Council.
Mike joined BDP International (“BDP”) in 1986 and has since held several key positions within the organisation. Mike was Chief Operations Officer for BDP’s US Operations before moving to Shanghai, China, to be Managing Director of BDP’s operations in Asia Pacific. In 2015, he assumed the position of President and COO of BDP International, and in 2021 took on the role Chief Executive Officer.
After BDP was acquired by PSA in April 2022 and re-branded as PSA BDP in April 2023, Mike served as CEO of PSA BDP and concurrently led PSA BDP’s Sales and Operations to further the group’s ambition of being a supply chain orchestrator. He was also appointed as a member of PSA’s Senior Management Council.
Tan Chong Meng, Group CEO of PSA International says, “Mike is a well-respected professional in the global logistics industry and under his steer, BDP International, now PSA BDP, has grown into a leading name in the business. He has been instrumental in accelerating the integration and extending the PSA Group’s capabilities to provide agile, resilient and innovative cargo solutions. This has led to early wins, such as our appointment to be the logistics service provider for major electric vehicle (EV) battery manufacturer Automotive Cells Company (ACC), and the acquisition of a major stake in ALISAN Logistics in Türkiye. I would like to take this opportunity to express my deepest thanks to Mike for his many years of dedicated service and also our appreciation to him for working alongside Chee Foong to ensure a smooth leadership transition. While we will dearly miss his charismatic leadership and dynamic presence, on behalf of PSA’s board, management and staff, I wish him all the best in his future endeavours.”
He adds, “As a leader with a proven track record in delivering results and building organisational ability, Chee Foong is adept at helming diverse teams, managing the intricacies of transformation and long-term value creation in complex market environments. He has also spearheaded investment strategies across the globe, in areas such as Ports, Port+ and Cargo Solutions, and played an instrumental role in the catalytic acquisition of BDP International to expand PSA’s global supply chain offerings. Chee Foong will be well supported by the able PSA BDP senior management team to ensure smooth continuity in this transition. I am confident that he has the right capabilities and experience to lead PSA BDP in this new chapter, and serve the best interests of PSA BDP’s clients, partners and stakeholders.
