SMRT CEO Saw Phaik Hwa resigns

[Guest jhun_4040]

Transport operator SMRT’s chief executive officer Saw Phaik Hwa announced her resignation from the corporation on Friday afternoon.

In an SMRT filing with the Singapore Exchange, the 57-year-old's resignation is dated effective Friday, with the reason cited being "to pursue personal interests".

Saw held her post of president and CEO of the company since 3 December 2002, according to the filing. On Friday, she held in excess of 1 million ordinary shares in SMRT Corporation Limited, as well as some 14 directorships with its subsidiary companies.

A statement from SMRT says that its board of directors has accepted Saw's offer, and that one of its members, Tan Ek Kia, will assume interim responsibilities for SMRT's management, with particular focus on rail operations, as the board searches for a new CEO.

"The Board recognises the importance of this transition period, and this is why Tan Ek Kia will provide executive leadership while a search is underway for Phaik Hwa's successor," said SMRT chairman Koh Yong Guan.

[Guest jtang]

Kind of expected that she will leave. She was probably ask to go under the guise of 'to pursue personal interest'.

[Guest Adrian]

jtang wrote:

Kind of expected that she will leave. She was probably ask to go under the guise of 'to pursue personal interest'.

maybe get bonus liao can go? :becky::becky:

[Guest jhun_4040]

jtang wrote:

Kind of expected that she will leave. She was probably ask to go under the guise of 'to pursue personal interest'.

agreed too ! juz a nice way

[Guest Icez]

Easy escape route, just 'cash out'. Should be around to fix all the mess and not just resign once encounter major issue. Hiaz..

[Guest lightning]

Saw is now officially a past tense...

[Guest jhun_4040]

lightning wrote:

Saw is now officially a past tense...

wah, nice one leh bro ! think know your poetic value level is so high !!! :becky:

[Guest 6008]

Cannot blame her lah . Taxi fare up so much . All ppl take MRT till overload and damage the rail lah . Oh Ya ! Why no authority go check on their permissible passengers per carriage hah ? LTA check lorry and enforce min space for each passenger , why MRT no rules ???

[Guest blackknight]

jhun_4040 wrote:

wah, nice one leh bro ! think know your poetic value level is so high !!! :becky:

not necessary a past tense right? SAW is also a equipment that one uses to cut things into smaller pieces?

[Guest kepiting1sg]

blackknight wrote:

not necessary a past tense right? SAW is also a equipment that one uses to cut things into smaller pieces?

Muhahaha....now I understand why the MRT fall into many pieces!!!:pound:

[Guest ACSLK]

6008 wrote:

Cannot blame her lah . Taxi fare up so much . All ppl take MRT till overload and damage the rail lah . Oh Ya ! Why no authority go check on their permissible passengers per carriage hah ? LTA check lorry and enforce min space for each passenger , why MRT no rules ???

over-crowded? over loaded??

suspension up the lorry???

cheers

[Guest lightning]

blackknight wrote:

not necessary a past tense right? SAW is also a equipment that one uses to cut things into smaller pieces?

this one you mean...(pic taken from Unker's posting)

[Guest hkhamateur]

lightning wrote:

this one you mean...(pic taken from Unker's posting)

Luckily she's gotta e pay out cashes! :becky:

otherwise she'll bring this equipment to solved e suspension pb lor! :shocked: