USG Boral announces the relocation of their corporate headquarters to Singapore to support continued growth in the Asia Pacific region. The building products technology specialist will move from Kuala Lumpur to Shenton Way in Singapore with the key executive team to be now based in the Singapore office, including the Chief Executive Officer (CEO), Chief Technical Officer (CTO), General Counsel and Senior Vice President of Human Resources (HR). The Kuala Lumpur office will continue to serve as their operations headquarters.
USG Boral CEO Frederic de Rougemont explained that the Singapore location will enable the company to access a broader talent pool in the market and enhance their corporate profile in the construction industry.
As the heart of Asia, Singapore provides access to fast-growing economies such as China, India and Southeast Asia, all of which are key markets for USG Boral. Recent strategic initiatives by the Singapore government to reinvigorate the construction sector, such as the launch of the Construction Industry Transformation Map (ITM) and Infrastructure Office will allow USG Boral to leverage opportunities to support their business growth and succession planning.
Welcoming the move, Lim Kok Kiang, Assistant Managing Director, Singapore Economic Development Board observes that Singapore’s connectivity to the region, diverse talent pool, strong ecosystem of partners and pro-business environment are key attributes valued by companies to help them accelerate business growth and strengthen their global footprint.