ComfortDelGro Announces Senior Leadership Changes to Drive Global Mobility Growth

Date: 20 November 2025

ComfortDelGro Corporation Limited, a leading multi-modal transport operator, has unveiled a series of significant senior leadership changes set to take effect in early 2026. These changes are part of the Group’s ongoing efforts to bolster its executive team and drive its global growth strategy, especially in the rapidly evolving mobility sector.

Key Highlights

• Retirement of Group Deputy CEO and CFO:
  • Mr. Derek Koh, who currently serves as Group Deputy CEO, Group Chief Corporate Services Officer, and Group Chief Financial Officer (CFO), will step down from his CFO role effective 1 January 2026. He will officially retire from the Group on 31 March 2026.
  • Post-retirement, Mr. Koh will transition into an advisory role from 1 April 2026, providing continuity and supporting the seamless execution of strategic initiatives.
  • Mr. Koh has played a pivotal role in strengthening the Group’s financial stewardship and corporate services over his seven-year tenure, guiding the company through the complexities of post-pandemic recovery and reinforcing corporate resilience.
• Appointment of New Group CFO:
  • Mr. Christopher David White, the current Group Deputy CFO, will be promoted to Group CFO with effect from 1 January 2026.
  • Mr. White brings over 20 years of finance experience and has been with ComfortDelGro since 2019, overseeing group-level financial governance, performance management, and international finance integration. He is also the Group Head of Investor Relations and a Fellow of the Association of Chartered Certified Accountants.
  • His appointment, the result of a systematic internal succession process, demonstrates the depth of talent within ComfortDelGro’s leadership bench and supports continuity in financial strategy.
• Creation of New Group Chief Point-to-Point Mobility Officer Role:
  • Mr. Liam Griffin, currently Head of UK Point-to-Point Mobility and CEO of Addison Lee (a London-based subsidiary), will assume the newly established position of Group Chief Point-to-Point Mobility Officer.
  • This role is designed to drive global growth and strategic integration in the Group’s Point-to-Point mobility segment, which includes taxis and private hire cars.
  • Mr. Griffin is credited for successfully transforming Addison Lee into a leading premium business-to-business service provider in London’s competitive market, underscoring his capability to lead ComfortDelGro’s mobility expansion globally.

Potential Impact for Shareholders and Investors

• Succession Planning and Leadership Stability: The internal promotions and structured transition plan are likely to be viewed positively by investors, as they provide clarity, continuity, and stability at the top management level.
• Strategic Focus on Growth Segments: The creation of a dedicated Group Chief Point-to-Point Mobility Officer role highlights the company’s emphasis on expanding its core mobility business, which could drive future revenue growth and market share gains, especially as global urban mobility trends evolve.
• Financial Discipline and Governance: The appointment of an experienced finance executive as CFO ensures continued focus on financial discipline, performance management, and investor relations – all critical factors for maintaining investor confidence.
• Potential Share Price Sensitivity: Investors should note that such leadership transitions, particularly involving key financial and operational roles, could lead to short-term share price volatility. However, the internal nature of the appointments may mitigate potential risks, signaling confidence in the Group’s succession pipeline and strategic direction.

Management and Board Statements

Mr. Cheng Siak Kian, Group CEO, expressed gratitude for Mr. Koh’s contributions, highlighting his leadership during challenging periods and noting the strengthening of the senior management team to support ongoing and future growth plans.

Mr. Mark Greaves, Chairman, emphasized that these forward-looking appointments are essential for ComfortDelGro’s evolution as a global multi-modal mobility operator and praised the continuity provided by promoting from within the Group.

Company Overview

ComfortDelGro operates an extensive transportation network spanning public transport, point-to-point mobility (taxis and private hire), and business-to-business mobility solutions across 13 countries, including Singapore, Australia, the UK, and several European markets. The Group is recognized for its leadership in sustainable transport, with approximately 60% of its owned fleet comprising cleaner energy vehicles. ComfortDelGro is the only Singaporean transport company included in the Dow Jones Best-in-Class Indices since 2019.

Conclusion

The announced leadership changes underscore ComfortDelGro’s commitment to robust succession planning and strategic business growth in its core mobility segments. Investors should closely monitor how these transitions translate into operational execution, given the evolving landscape of global mobility and the Group’s stated ambitions for expansion and sustainability.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with their financial advisors before making any investment decisions related to ComfortDelGro Corporation Limited.

View ComfortDelGro Historical chart here