TAIPEI, May 5, 2023
/PRNewswire/ -- Chunghwa Telecom Co., Ltd., today announced the
appointment of President Mr. Shui-Yi
Kuo as the new Chairman, succeeding Mr. Chi-Mau Sheih, effective May 5, 2023. The appointment was passed by the
Board of Directors in an extraordinary board meeting held
today.
Mr. Kuo has extensive experience; since joining Chunghwa
Telecom, he has served in various leadership positions including
Chief Financial Officer and President.
Chairman Kuo shared his four ABC strategies, four values and
three visions developed under the current internal and external
context and learned from the predecessors in the telecom industry
and world-class enterprises and leaders in the handover ceremony
held right after the extraordinary board meeting.
According to Chairman Kuo, the company's mission, based on its
four ABC assets meaning the partner asset, technology platform,
infrastructure asset and talent asset, is to build trustworthy
digital ecosystems to enable individuals, families, governments,
enterprise customers and international customers to create values
for customers, strategic partners, shareholders and employees.
Chairman Kuo also pledged to lead the company forward based on the
company's "Always Ahead" spirit and a shared value system comprised
of integrity, customers' trust, creation of value and innovation,
commitment to accountability.
In fact, Chunghwa Telecom just delivered its five-year high
performance in 2022, building on its "Rise on together 2021"
strategic transformation and the successful organization
transformation. Chairman Kuo said the company will not stop its
step toward transformation and will keep pursuing transcendence. He
presented three visions for the company to incubate the next growth
engine: to become the international benchmark based on ESG goals;
to become a leading brand of digital ecosystem enablers; and to
become a top high-tech company with market value far beyond 100
million.
Chairman Kuo also elaborated his vision and concrete goals for
sustainable development in the three dimensions of ESG at the
ceremony. In terms of sustainable environment, Chunghwa Telecom
will actively follow and meet international ESG frameworks and
initiatives, make concrete commitments and plan the roadmap to
achieve net-zero with targets of halving carbon emissions and
adopting renewable energy for all IDCs by 2030, adopting renewable
energy for the whole company by 2040, achieving net-zero carbon
emissions by 2050, and collaborating with customers and strategic
partners in the supply chain to achieve these goals together. In
terms of sustainable society, Chairman Kuo declared the goal of
building a digital ecosystem co-creation system, hoping to assist
people to upgrade and enjoy a smart life, empower industries to
create a digital economy, help government to create smart
governance including strengthening national critical infrastructure
network and enhancing cybersecurity, and actively respond to gender
equality advocacy, with a long-term evolution goal of creating a
diverse, inclusive, and harmonious workplace. In terms of
sustainable governance, Chunghwa Telecom will continue to
strengthen the competence of the Board and elevate its functional
committees, such as sustainability committee and risk management
committee, to the level of board functional committees, while
increasing the participation of board of directors. Chairman Kuo
commented, "No ESG, no order; No ESG, no money; No ESG, no future,"
that is way Chunghwa Telecom will continue to affirm our pursuit of
sustainability and do the utmost to contribute to our earth.
In terms of business development, Chairmen Kuo proposed "Three
Principles of Management, Three Fleets of Business, and Three Keys
of Technologies" for everyone to work together. The "Three
Principles of Management" include customer trust, cross-group
collaboration, and broad alliance building. The "Three Fleets of
Business" refer to the three major business groups including
Consumer Business Group, Enterprise Business Group, and
International Business Group. The "Three Keys of Technologies"
represent the needs to build a talent pool, a technology
repository, and a standard blueprint.
Among them, the "Three Fleets/Arrows" highlights the development
focuses on our three major business groups with specific
expectations and goals. Chairman Kuo said, "We will prioritize
focusing on the four major aspects of safety, convenience, health,
and entertainment for individuals and families, and expand our
operations and investments in potential emerging services such as
film and television, games, and sports, and utilize government tax
incentives to let all kinds of exciting service content race on the
high-speed broadband highway. In the enterprise market, we will
prioritize the three emerging 10
billion-dollar businesses of cloud, cybersecurity, and AIoT
applications. In terms of international layout, we will strive to
bring the world to Taiwan,
including assisting international OTT and global enterprises to
land in and prioritizing investment in Taiwan. We will also step out of Taiwan into the world, basing in Taiwan, by assisting Taiwan's multinational giants to operate in
global markets, and market Taiwan's intelligent applications to the
international stage."
In addition, to expand our business and service scope, Chairman
Kuo pointed out that Chunghwa Telecom will actively carry out
strategic investment and encourage subsidiaries and affiliates to
propose their initial public offerings. Chunghwa Telecom will also
actively leverage its real estate assets to make the Chunghwa Fleet
stronger.
In order to become a co-creator of the digital ecosystems,
Chunghwa Telecom will continue to broadly build alliances and
create mutual benefit and common prosperity. Chairman Kuo has given
a new interpretation to the three letters that make up the English
abbreviation for Chunghwa Telecom (CHT). He redefines CHT as
"Collaborate Happiness Together!", which echoes with the company's
slogan "Dancing Brilliantly with 5G, Co-creating the Future" and
showcased the company's commitment to collaboration and
innovation.
Chairman Kuo concluded his speech with the emphasis on the
importance of passing on the legacy. He expressed gratitude to the
previous leaders of the company for the heritage and legacy they
left, which contributed to the leading status of Today's Chunghwa
Telecom. The company's logo is comprised of two Cs, referring to
Communication and Connectivity, which illustrates the business
scope and value of the company; " Communicating affection among
people, connecting hearts in the world" explains the true essence
of communication; and "Taking communication as our career, serving
with enthusiasm, and having the sense of pride in quality"
demonstrates the company's shared philosophy of delivering service
and values, which all unite Chunghwa Telecom toward the same
direction. Mr. Kuo pledged to continue inheriting the wisdom and
experience of the predecessors and leading the company "Always
Ahead".
About Chunghwa Telecom
Chunghwa Telecom (TAIEX 2412, NYSE: CHT) is Taiwan's largest integrated telecommunications
services company that provides fixed-line, mobile, broadband, and
internet services. The Company also provides information and
communication technology services to corporate customers with its
big data, information security, cloud computing and IDC
capabilities, and is expanding its business into innovative
technology services such as IoT, AI, etc. In recent years, Chunghwa
has been actively involved in corporate social responsibility and
has won domestic and international awards and recognition.
www.cht.com.tw.
Corporate Communications Office
+886 (02) 2344-3252
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SOURCE Chunghwa Telecom