SINGAPORE : Two senior businesses executives – a Swiss national and an American – have been given national honours for their significant contributions to Singapore.
In a ceremony at the Istana , President Halimah Yacob presented the Honorary Citizen Award to PSA International Group Chairman Mr. Peter Voser, who is also Chairman of Swiss engineering giant ABB.
Initiated in 2003, it is the highest form of national recognition for non-Singaporeans.
Economic Development Board (EDB) Chairman Beh Swan Gin said both men had contributed significantly to the growth of Singapore’s economy.
“Under their leadership, their respective companies initiated long-term investments that led to new industrial capabilities and capacities, which strengthened Singapore’s competitiveness,” he said.
At PSA, Mr Voser saw the firm achieve a record-high container throughput volume in 2021. And during the Covid-19 pandemic, PSA played a critical role in enabling the movement of essential supplies into Singapore and keeping global supply chains open.
Mr Voser also personally helped to secure the supply of medical diagnostics units for hospitals here during the early days of the pandemic, said EDB.
Mr Voser said: “I am very proud and humbled to receive the Honorary Citizen Award from Singapore, a country close to my heart. It has played a very important role during my life and my career.”
Mr Voser’s former roles include Chief Financial Officer at energy giant Shell from 2004 to 2009 and Chief Executive from 2019 to 2013.
As the former Shell chief, he oversaw the company’s decision to invest more than $4 billion in the Shell Eastern Petrochemicals Complex in Singapore, said EDB in a statement.
As ABB Chairman, Mr Voser also supported the expansion of the company’s activities here. ABB currently employs about 900 people in Singapore.
He has also been a board director at Singapore’s investment company Temasek since 2015, and a member of EDB’s International Advisory Council from 2013 to 2019.
Madam Halimah also presented the Public Service Star (Distinguished Friends of Singapore) award to Mr Ajay Banga, currently the Vice-chairman at American growth equity firm General Atlantic. He was formerly the Chief Executive at Mastercard for 12 years.