ASX-listed freight forwarder Wiseway Logistics has appointed a new chief operating officer and company secretary. It also announced changes to its board.
Ken Tong is to be the company’s new chief operating officer and company secretary. He replaces Wiseway CEO Roger Tong as secretary.
Roger Tong said Ken Tong joins the company from Boston Consulting Group where he advised clients on business strategy and operational efficiency.
“Ken has lived and breathed the business for much of his life, including playing a key role in supporting the design and development of Wiseway’s strategy leading up to the IPO,” he said.
“Importantly, ken was instrumental in establishing critical business areas including the company’s first customs bonded depots and quarantine and dairy-approved premises.”
Additionally, the company announced that Astrid Raetze had been appointed as non-executive chair of the board, taking over the role from Florence Tong, who had been interim executive chair since April last year.
Ms Tong, who is a co-founder of the company, will remain on the board and will return to her previous role as managing director.
And Jim Tong is to replace Ken Tong on the board as a non-executive director.
Ms Tong said the appointments would support the company’s efforts to capitalise on opportunities for growth.
“After the extraordinary events in the second half of FY22, namely the expanded Covid-19 measures in China, the damaging flooding in both New South Wales and Queensland, and a reduction in air-freight activity, Wiseway is now well positioned to take advantage of renewed growth momentum in the industry,” she said.
