7 in 10 CEOs in Singapore are internal hires
Only 23% of CEOs in Singapore got hired externally.
Singapore has the highest share of internal CEO appointments around the world.
Data from Hendrick & Struggles showed that 77% of CEOs in Singapore got hired internally.
Internal hired CEOs are those who joined the company more than a year before being appointed to the top post.
Meanwhile, only 23% of CEOs in Singapore are hired externally.