Categories: Stock Market News

Singapore Put up names new CFO in govt overhaul after whistleblower report


(Reuters) – Singapore Put up appointed Isaac Mah, the present CFO of its Australia enterprise, as group finance chief, the corporate mentioned on Sunday, every week after dismissing three senior executives, together with its CFO, over mishandling a whistleblower report.

Mah, who joined Singapore Put up in 2019, most lately oversaw the sale of the Australian enterprise to non-public fairness agency Pacific Fairness Companions.

Singapore Put up fired group CFO Vincent Yik final week, together with CEO Vincent Phang and the chief of its worldwide enterprise unit (IBU), Li Yu, after they had been discovered to be “negligent” in dealing with a whistleblower report.

The alleged misconduct reported by the whistleblower associated to a number of workers who labored within the firm’s worldwide e-commerce logistics parcels enterprise.

Singapore Put up additionally mentioned Gan Heng would step up as appearing CEO of the worldwide enterprise unit from his present function as head of the South district of the unit.

The Temasek-backed firm mentioned it might title a brand new group CEO “in the end”.

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