Senthil Kumar joins as CEO of Asendia Singapore/South Asia and Stuart Foster joins as Managing Director of Asian Desk, APAC in January 2023
SINGAPORE – Media OutReach – 16 January 2023 – Asendia, one of the world’s leading e-commerce logistics providers, announced today the strategic hire of Senthil Kumar as CEO of Asendia Singapore/South Asia (Asendia Singapore Pte Ltd) and Stuart Foster as Managing Director of Asian Desk, APAC (Asendia Asian Desk). The hires of Senthil and Stuart strengthen Asendia’s commitment to Asia-Pacific, in-line with its e-commerce logistics solutions that offer e-commerce focus companies a strategic foothold in the growing South-East Asia and North Asia.
“We are pleased to kick-start a new year by welcoming two industry stalwarts to Asendia. Senthil and Stuart are both highly experienced and bring with them a deep understanding of the industry and the region. They have great strategic vision to grow Asendia in Asia-Pacific while better serving our fast-growing customer-base. Asendia is on an expansion plan in Asia-Pacific, and we are excited by the region’s unexploited potential that we aim to be a market leader for sustainable cross-border e-commerce solutions by 2025.” said Lionel Berthe, Head of Asendia Asia Pacific.
The Asia Pacific B2C E-commerce Gross Merchandise Value is projected to increase from US$3,082.3 billion in 2021 to US$5,306.2 billion by 20261. Based on external data, Singapore has a significant 78% of online consumers shopped with international merchants, and cross-border e-commerce. While in Hong Kong, cross-border transactions make up 25% of all e-commerce sales2. “All these data forecasted great opportunity for brands and retailers, and Asendia is the perfect partner to support them as they leverage the full growth potential through the best and comprehensive e-commerce solutions. I am confident of Senthil and Stuart’s leadership and look forward to seeing them take the company to greater heights in the years to come,” Lionel commented.
Stuart brings with him 19 years of extensive and rich experience in the parcel delivery industry. He has built his career working in diverse functions from sales to the management of the pricing and customer solutions, and to international sales director. He believes that the success at an international level can be achieved with committed local partners and e-commerce players driven by good customer satisfaction.
Remarking on the need efficient Europe-Asia goods flow, Stuart Foster said: “The shipping routes from Asia to Europe are constantly evolving and the Asian Desk department of Asendia APAC is the single-entry point for all Asian clients who have facilities in Europe. We are taking care of the client on the operation and sales level. With Asendia APAC, we are not only talking about last mile but the entire parcel journey including the custom clearance. Joining a leader like Asendia, with its positioning across Asia, Americas, and Europe, is key to answer Asian client needs. Products like e-PAQ are aimed at ensuring that client needs are fully supported to high standards. We are also developing additional solutions to increase volume exchanges between Europe and Asia. Asian consumers are very keen on buying European goods. We want to facilitate the shipping process to empower European sellers on this strategic market.”
Stuart started his career with UPS before moving to La Poste France where he successfully launched the International Sales department of Colissimo (a subsidiary of La Poste) as the Head of International Sales. He led his team to support clients and local partners to develop cross-order shipments to France and Europe. His last stint was as Managing Director Asia for Seven Senders, a European leading delivery platform, where he oversaw the optimisation of international delivery services from Asia to Europe, and vice versa.
1 Asia Pacific B2C Ecommerce Market Report 2022
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In Asia-Pacific, where Asendia has been active since its creation in 2012, the group has subsidiaries in Singapore, Hong-Kong, Australia and New-Zealand. We provide brands, retailers, marketplaces and consolidations logistics and digital solutions access to global markets through our extensive and innovative distribution solutions, harnessing our worldwide postal partnerships.
Asendia is one of the world’s leaders in international e-commerce and mail, delivering packages, parcels and documents to more than 200 destinations across the globe. Combining the experience and expertise of its founding companies, La Poste and Swiss Post, the Asendia Group brings together a wealth of international and local know-how. Asendia’s expertise is broad-reaching encompassing different aspects of e-commerce, from webshop software and marketplace management to international logistics. Asendia is committed to sustainability, offsetting all CO2 emissions worldwide. Since January 2022, Asendia is 100% carbon neutral.
Asendia employs over 1’500 people in Europe, UK, Asia Pacific and the USA – a global network blended with a local presence.
Find out more at www.asendiaoceania.com