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alexk
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Public Utilities Minister Robert Le Hunte has challenged the Board of TTPost to work towards achieving greater levels of efficiency and increasing its revenue streams.
The minister issued the challenge as he handed out instruments of appointment to the new board members during a ceremony at the ministry’s head office in St Clair yesterday,
Le Hunte told the board it needed to recognise that the organisation’s business model must change in order to adapt to the new global realities.
He noted that advancements in digital technology had changed market conditions in the postal industry across the globe.
As such, TTPost, like other national postal services, needed to engage in a process of transformative change in order to maintain relevance and ensure sustainability.
The minister also emphasised that given the country’s economic realities, it cannot be business as usual. He encouraged the Board to explore mechanisms to improve efficiencies, while reducing operating costs and increasing revenues.
Returning to the newly appointed board are chairman Eula Rogers, along with members Kevin Finch, Carol David and Dana O’ Neil-Gervais.
Rogers said it could not be business as usual, and committed to engage the organisation in a transformation exercise to keep pace with changing market conditions.
Joining the board are chartered accountant Hakeem Ahmad and business executive Natasha Phillips.