StarHub Ltd. announced the retirement of Mr. Terry Clontz as its Chairman on 31 December 2022. The Board of Directors has appointed Mr. Olivier Lim, currently an Independent Director, to succeed him on 1 January 2023. Mr. Clontz, has been Chairman since July 2015.

In his long and illustrious career in the telecommunications and media industry, he has served in StarHub for 23 years, beginning in 1999 as its Founding President and Chief Executive Officer (CEO). After retiring from his executive role in 2010, Mr. Clontz stayed on to serve on StarHub's Board as a Director. Mr. Lim, is an experienced Chairman and Non-Executive Director who currently serves as Non-Executive Chairman of Certis CISCO Security Pte.

Ltd. and PropertyGuru Group Ltd. He is the Lead Independent Director of DBS Group Holdings Ltd. and DBS Bank Ltd, and a Non-Executive Director of Raffles Medical Group. He is also a member of the board of trustees of the Singapore Management University. Mr. Lim serves on the Securities Industry Council.

Mr. Lim worked at CapitaLand Limited from 2003 to 2014 and served as Group Deputy CEO, Group Chief Investment Officer, and Group Chief Financial Officer (CFO) during his career there. He was named CFO of the Year in the Business Times Singapore Corporate Awards 2007.