May 19, 2020

ATPI acquires Melbourne-based Plan B Travel

ATPI Group
Plan B Travel
Graham Ramsey
CEO
Pieter Vosloo
2 min
ATPI acquires Melbourne-based Plan B Travel

Global travel management and events business the ATPI Group has acquired Melbourne-based Plan B Travel.

The addition of Plan B Travel to the company's portfolio continues its expansion into Australasia, following the purchase of Voyager Travel in 2012 and the recent acquisition of Business World Travel in New Zealand.

Plan B is a successful travel management company in the Australian market and was originally established by Clive Sher and Phillip Weinman in 2011, as a corporate travel agency aligned with their interests as a travel buyer. The company now services over 130 corporate clients offering travel management solutions and the latest industry technology.

Graham Ramsey, CEO, the ATPI Group commented: “We are delighted to welcome Plan B Travel into the ATPI Group and are pleased to further expand our offering and presence in Australasia. Developing our group operation is a key part of our growth plans. Plan B and its clients fit well with the ATPI profile and will benefit from the Group’s global expertise, industry leading technology, and comprehensive people development. We look forward to working with the team and their clients.”

Clive Sher, Executive Chairman, Plan B added: “Joining the ATPI Group is a great move for our business to further expand our global reach. We are excited to join ATPI and the opportunities that working with this leading travel management company will bring for us. ATPI is well-known for its sector specialisms and industry leading technology and their expertise will empower new opportunities for us. We look forward to working with the team to strengthen our client offering and business.”

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Jun 7, 2021

Business Chief Legend: Ho Ching, CEO of Temasek

hoching
legend
singapore
Temasek
3 min
Singaporean Ho Ching created the largest listed defence engineering company in Asia, before leading Singapore’s sovereign wealth fund to global success

Ask Singaporeans who Ho Ching is, and the majority will answer the ‘wife of Prime Minister Lee Hsien Loong’. And that’s certainly true. However, she’s also the CEO of Temasek Holdings, Singapore’s sovereign wealth fund, and one of the world’s largest investment companies.

Well, she is until October 1, 2021, as she recently announced she would be retiring following 16 years as CEO of the investment giant.

Since taking the reins in 2004, two years after joining Temasek as Executive Director, Ho has gradually transformed what was an investment firm wholly owned by Singapore’s Government into an active investor worldwide, splashing out on sectors like life sciences and tech, expanding its physical footprint with 11 offices worldwide (from London to Mumbai to San Francisco) and delivering growth of US$120 billion between 2010-2020.

Described by Temasek chairman Lim Boon Heng as having taken “bold steps to open new pathways in finding the character of the organisations”, Ho is credited with building Temasek’s international portfolio, with China recently surpassing Singapore for the first time.

As global a footprint as Ho may have however, she has her feet firmly planted on Singapore soil and is committed to this tiny city-state where she was not only educated (excluding a year at Stanford) but has remained throughout her long and illustrious career – first as an engineer at the Ministry of Defence in 1976, where she met her husband, and most notably as CEO of Singapore Technologies, where she spent a decade, and where she is credited with repositioning and growing the group into the largest listed defence engineering company in Asia.

It’s little wonder Ho has featured on Forbes’ annual World’s Most Powerful Women list for the past 16 years, in 2007 as the third most powerful woman in business outside the US, and in 2020 at #30 worldwide.

But it’s not all business. Ho has a strong track record in Singapore public service, serving as chairman of the Singapore Institute of Standards and Industrial Research and as deputy chairman of the Economic Development Board; and is a committed philanthropist with a focus on learning difficulties and healthcare.

As the pandemic kicked off, she not only led active investments in technology and life sciences, with German COVID-19 vaccine developer BioNTech among the most recent additions to Temasek’s portfolio, but through the Temasek Foundation – the firm’s philanthropic arm which supports vulnerable groups close to Ho’s heart, handed out hand sanitiser and face masks.

So, you would be forgiven for thinking that at age 68, Ho might simply relax. But in March 2021, just as she announced her retirement from Temasek, Ho joined the Board of Directors of Wellcome Leap, a US-based non-profit organisation that’s dedicated to accelerating innovations in global health. Not ready to put her firmly grounded feet up yet it seems.

 

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