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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.

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