| | DECEMBER 20248IN FOCUSSingapore-based advanced manufacturing service provider Hi-P International has appointed former Apple executive Duco Pasmooij as an independent director on its board. According to an announcement, Pasmooij will chair the company's newly established technology, transformation, and sustainability committee. A 21-year veteran of Apple, Pasmooij retired in 2021 after leading production operations for the iPhone.Pasmooij has been advising established firms and start-ups on scaling supply chains and operations, says Hi-P. "His clients cover a broad set of industries, including energy storage, sustainable materials, semiconductors, consumer electronics, and AI applications in strategic sourcing".Commenting on the appointment, Hi-P executive chairman and founder Yao Hsiao Tung says: "Duco brings with him a wealth of experience in global supply chain management, especially in the high-tech consumer electronics sectors. His deep expertise in building and scaling supply chains will be invaluable to us as we map our strategy for greater global growth".Pasmooij is the second addition to Hi-P's board since the company received $100 million from Temasek-backed 65 Equity Partners in July. 65 Equity Partners had appointed Lim Chin Hu, a board member of the Singapore Exchange S68(SGX) and ST Engineering, as its representative on Hi-P's board. Founded in 1980, Hi-P was listed on the SGX Mainboard in 2003. The contract manufacturer was privatized and delisted in 2021. Hi-P provides its services to multinational firms in the consumer goods and electronics, e-commerce, and electric automotive sectors. Its clients include Amazon, Apple, Colgate-Palmolive, Dyson, Keurig Dr Pepper, Logitech, Meta, Motorola Solutions, Procter & Gamble, Seagate, and Tesla.Hi-P said in July that it will work with 65 Equity Partners to develop plans for "a new strategic focus and leadership succession" for growth acceleration and sustainability.Founded in 2021 as a wholly-owned subsidiary of Temasek, 65 Equity Partners currently manages both the Anchor Fund and the Local Enterprise Fund. The investment in Hi-P was made through the Local Enterprise Fund, a $1 billion joint initiative with the Singapore government, led by the Ministry of Trade and Industry, aimed at fostering the growth of large local enterprises. McCann Worldgroup China has announced that Jacqueline Wu will rejoin the agency in a dual role as President of Operations for McCann Worldgroup China and CEO of Craft China, its production studio, effective immediately.Wu had previously served as Managing Director of Craft China, where she spent nine years building and leading the team, before moving to Wunderman Thompson (VML) for the past three years.As Wu rejoins the agency, she will focus on boosting operational efficiency, driving business growth, and spearheading innovative production solutions. With a proven track record in leading and managing complex business operations, she is uniquely equipped to deliver both efficiency and innovation for the agency.Throughout her career, Wu has collaborated with a wide array of clients, spanning from top global brands to prominent local enterprises. Her notable client list includes L'Oréal, KFC, General Motors, Coca-Cola/Sprite, Princess Cruises, J&J, Qingdao, and the Richemont Group.Speaking on her appointment, Wu stated, "The achievements of the past would not have been possible without McCann Worldgroup and Craft's advanced management philosophy and collaboration with regional leadership. I am very much looking forward to the opportunity to work with Carter and Melissa again. They are not only my long-time colleagues but also dear friends. With their support, we can elevate McCann Worldgroup and Craft to new heights and achieve even greater success together".Meanwhile, Carter Chow, CEO of McCann Worldgroup Greater China, commented, "With Jacqueline's wealth of experience, she will immediately be tasked to develop new and innovative capabilities for Craft, setting competitive industry benchmarks across all aspects of content production. At the same time, Jacqueline will lead the group's operations team to enhance integration and operational efficiencies, leading to long-term growth for our clients"."China is one of our most important markets as it demands high-quality localization, which requires tailoring not only the language but also cultural values, aesthetics, and a deep understanding of their unique digital ecosystem. This can only be achieved through strong local expertise in creative production", added Melissa Chan, regional managing director of Craft Asia Pacific. HI-P INTERNATIONAL APPOINTS FORMER APPLE EXECUTIVE DUCO PASMOOIJ TO BOARDJACQUELINE WU REJOINS MCCANN WORLDGROUP CHINA AS PRESIDENT & CEO
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