Cargo technology group, CargoTech, has brought on board a Head of Strategy to “help fast-track the air cargo industry’s digital transformation”: Michael Teoh took up his new function early OCT24, and is responsible for steering the company’s strategy and member portfolio, and supporting digitalization within the air cargo industry by identify common problems and aligning these with solutions being developed by CargoTech’s member companies or potential external technology providers. “A significant part of my job will be scouting for startups and mid-size companies across the globe, that offer technology solutions in the air cargo value chain, and bringing them into the CargoTech community,” he explains.
The expert in group strategy, M&A, turnaround transformation and PMO, was drawn to CargoTech because of its mission “to encourage, facilitate, and accelerate the air cargo industry’s digital transformation” and the chance to become a first mover and make a positive impact on the industry. Furthermore, its focus on sustainability, customer-centricity, as well as its international set-up: “Sustainable impact is at the core of solution design. And the potential to expand the product and services offerings is huge given that Cargotech is a multi-expert group of companies based in Paris, London, Utrecht and Singapore, and thus approaches innovation from many different angles of the air cargo value chain. […] At CargoTech, we believe that air cargo transformation is not a one-party solution; it requires collaboration from like-minded players across the value chain, who are willing to experiment, innovate, share, and invest in joint solutions. CargoTech is well positioned to support this facilitation and acts as a catalyst to spur new ways of working.”
Cédric Millet, President of CargoTech, emphasized: “Leaders need winners. Michael Teoh’s impressive track record in digital transformation and strategy at some of the world’s largest companies, not to mention leading airlines, clearly defines him as the best in tech to take CargoTech’s mission to the next level. Welcome, Michael Teoh!” Since 2022, CargoTech with its unique one-stop-tech-shop concept to facilitate and accelerate the air cargo industry’s digital transformation journey, has developed well, he feels. “But we can always go faster and deliver more. And with transformation mastermind, Michael Teoh, on board to source and inspire the fast-growing number of trailblazing digital start-ups to join us, CargoTech and the air cargo industry can anticipate a strong and sustainable digital future.”
