Tag Archives: CEO

SMRT: NORTH-SOUTH & EAST-WEST LINE HAD BEST RECORDED PERFORMANCE IN THEIR 29Y HISTORY

At the first Singapore Rail Technology Conference, SMRT chief executive officer Desmond Kuek said that the North-South and East-West MRT lines achieved 144,000 train-km before breakdown last month (October); the best recorded performance in the 29-year history of the two lines. Since the inception of the Circle Line, it has clocked 233,000 train-km before breakdown of more than 5 minutes.

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NKF CEO EDMUND KWOK SACKED OVER “PERSONAL INDISCRETION” – NOTHING TO DO WITH FINANCES

In a media statement, the National Kidney Foundation (NKF) announced on Wednesday (Nov 16) that it has sacked CEO Edmund Kwok. "The board of NKF would like to assure all stakeholders, including patients, donors, supporters and employees, that Mr Kwok's personal indiscretion has nothing to do with the stewardship of our finances. Our operations are not affected by this matter and our services to patients and beneficiaries continue as per normal."

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ANOTHER EX-PAPER GENERAL TAKES HELM AS LTA CEO, EXPECT PUBLIC TRANSPORT WOES TO CONTINUE?

The PAP has just announced the appointment of ex paper general Ngien Hoon Ping as CEO of LTA with effect from 12 November. CNA Coincidentally or not, Ngien will be taking over another ex paper general, CEO Chew Men Leong. All in the family – brothers in arms. Under the PAP, scholars and former paper generals are so talented that they are in demand by every stat board and GLCs. Top management positions are open to them. Anytime. 25/7.

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BEFORE ELECTION, PROMISE S’POREAN CEO, BUT AFTER ELECTIONS…

The article "Citi Singapore's next boss 'could be Singaporean'" was published in Nov 24 2015, before the 2016 election probably to give a green picture that Singaporeans are in good position. But after the 2016 election result, what happened now? Another Indian to run the top position in Citi Singapore???!!!

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SHAMELESS S’PORE GOVERNMENT-LINKED CO. LOSES MILLIONS, BUT CEO EARNS MILLIONS

Singapore Government linked official can get away with losing hundreds of millions dollars in a GLC but continues to be awarded million dollar renumeration! It was reported in ST recently ("Bonuses of SembMarine execs hit by downturn") that SembMarine CEO Wong Weng Sun can still earn a renumeration of almost $2 million (salary of $926,000 with share-based compensation of $863,000) when the GLC he helmed lost $289.7 million!!

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