Thursday, December 5, 2024

CargoTech brings Michael Teoh on board as head of strategy

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Michael Teoh has been appointed Head of Strategy, and shares his standpoint on industry challenges, ideas, and the CargoTech vision.

Cédric Millet, President of CargoTech says: “Leaders need winners.

“Michael Teoh’s impressive track record in digital transformation and strategy at some of the world’s largest companies, not to mention leading airlines, clearly defines him as the best in tech to take CargoTech’s mission to the next level. Welcome, Michael Teoh!”

Since early October 2024, Michael Teoh, CargoTech’s new Head of Strategy, has taken on the responsibility of steering the company’s strategy and member portfolio, and supporting the adoption of digitalization within the industry.

He seeks to identify common problems across the air cargo industry and match these with solutions being developed by CargoTech’s member companies or potential external technology providers.

Teoh explains: “A significant part of my job will be scouting for startups and mid-size companies across the globe, that offer technology solutions in the air cargo value chain, and bringing them into the CargoTech community.”

CargoTech’s declared mission to encourage, facilitate, and accelerate the air cargo industry’s digital transformation, was Michael Teoh’s key incentive to accept the post of Head of Strategy.

“After spending 8 years in AirAsia Group and 6 years in Qatar Airways Cargo, I was looking for the next challenge and something with the ability to leave an impact,” he says.

“My role over the past 14 years has always been transversal in functions such as Group Strategy, M&A, turnaround, transformation and PMO.

“This is a natural fit with the needs of CargoTech, where there is a lot of coordination across the portfolio companies and alignment of business plans.”

Though the Covid pandemic forced the air cargo industry to become more agile, digital investments and innovation still lag far behind other industries, he feels. e-commerce’s exponential growth adds another trigger to urgently improve logistics processes.

“As a result, global logistics is now at the center of attention. CargoTech is exactly what the air cargo industry needs right now: a group of cargo people who love technology and invest their passion in removing complexity and making the industry more digitally efficient.

“Through CargoTech, I look forward to also being among the first movers in changing the industry for the better.”

Teoh appreciates CargoTech’s positive and productive culture: “Sustainable impact is at the core of solution design,” he emphasizes.

“And the potential to expand the product and services offerings is huge given that Cargotech is a multi-expert group of companies based in Paris, London, Utrecht and Singapore, and thus approaches innovation from many different angles of the air cargo value chain.”

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