CEO of Safco

Introduction to SAFCo

SAFCo, Company by Limited Guarantee (CLG) fully owned by CAAS, will be set up to implement Singapore’s Sustainable Aviation Fuel (SAF) target policy, where the levies collected from air transport users are used to centrally purchase SAF. SAFCo will also engage businesses and organisations to encourage voluntary use of SAF for their own decarbonisation plans. This entity will aggregate both the regulated and voluntary demand for SAF, in order to secure better pricing for SAF by reaping economies of scale. SAFCo will also be responsible for allocating the SAF credits generated from SAF purchased back to the airlines and corporates.

[What the role is]
The CEO of SAFCo is responsible for driving the strategic direction and managing the operations of the company. This role requires extensive leadership and strategic management experience in aviation fuel sales/trading and business development operations, strong stakeholder engagement skills, and a strong understanding of fuel sales/trading/contracting arrangements and related procurement processes.

[What you will be working on]

**Responsibilities**:
1. Strategic Leadership: Develop and implement the company’s strategic plan, ensuring good overall corporate governance and accountability.
2. Operational Oversight: Oversee the day-to-day operations, mitigating risks and ensuring compliance with regulations and best practices.
3. Stakeholder Engagement: Establish and maintain effective relationships with corporates and public agencies to build voluntary SAF demand.
4. Procurement Oversight: Oversee the procurement of SAF as CAAS’s appointed agent to achieve the national SAF target.
5. Accountability: Ensure clear and correct accounting and allocation of SAF credits to airlines and corporates.
6. Financial Management: Plan and manage budget and ensure prudent use of resources.

[What we are looking for]
Desired Attributes and Qualities
- Extensive experience in aviation fuel sales/trading, business development or related operations, with a proven track record of leadership and strategic management in these domains.
- In-depth knowledge of fuel sales/trading/contracting arrangements and related procurement processes.
- Strong communication, negotiation, and interpersonal skills, with the ability to engage and influence diverse stakeholders.
- Demonstrated ability to lead and guide nimble teams in a start-up environment or emerging field.
- Sound financial acumen and budget management skills.