PSA International Pte Ltd (PSA) has announced leadership changes.

The company said Mike Andaloro, CEO of PSA BDP and concurrently its CEO of 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.

In its announcement, PSA noted that Wan Chee Foong, currently Regional CEO of Middle East South Asia and Head of Group Business Development, PSA, will be appointed as CEO of PSA BDP from October 3, 2023.

Andaloro will remain in office till the end of September to support the CEO transition process.

Vincent Ng, currently CEO of 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 of Sales & Operations, succeeding Andaloro in the leadership of the key commercial and delivery engines of the business and becoming a member of the PSA Senior Management Council.

PSA said Andaloro joined BDP International (BDP) in 1986 and has since held several key positions within the organisation. In 2015, he assumed the position of President and COO of BDP International, and in 2021 took on the role of Chief Executive Officer.

After BDP was acquired by PSA in April 2022 and re-branded as PSA BDP in April 2023, he 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. 

Tan Chong Meng, Group CEO of PSA International, noted that under his steer, Andaloro made BDP International, now PSA BDP, grow 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," he added, also thinking Andaloro for working alongside Chee Foong to ensure a smooth leadership transition.

Meanwhile, Tan Chong Meng noted Chee Foong's "proven track record" in delivering results and building organisational ability.

"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," the Group CEO of PSA International, added.