DBS CEO has Leukemia!

[Cthulhu]

http://www.straitstimes.com/Breaking%2BNews/Singapore/Story/STIStory_331745.html

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Jan 29, 2009

DBS says CEO has leukemia

SINGAPORE'S DBS Group , Southeast Asia's biggest bank, said on Thursday that Chief Executive Richard Stanley, who was hired in May last year, is suffering from cancer.

Koh Boon Hwee, the bank's chairman, will assume an 'active management oversight role' during the absence of Stanley, who is taking three to six months of medical leave, the bank said in a statement.

'Richard Stanley has been diagnosed with acute myelogenous leukemia and will be commencing medical treatment in Singapore immediately,' the bank said in a statement.
DBS reports its fourth-quarter results on Feb 13. -- THOMSON REUTERS

 

[annexa]

So the bank retrench 900 people to pay his medical bills?

 

[Cthulhu]

Maybe the mini-bomb disaster got to him

 

[etherc]

多行不义必自毙 人在做天在看!

 

[imperialarms]

let's pray for his well being:o

 

[halsey02]

So poor thing!, let us pray for him!, not forgetting those minibonds, elderly persons whose sufferings, are long term, pray for them too!. At lease CEO medical bills are paid by his benevolent employer...

Let us pray!

 

[popdod]

DBS can start looking for new CEO.

:o

 

[DerekLeung]

Notice that top CEOs and top all applied for medical condition !

In case they have fat bonuses . They be exempted from investigation, trial and prison term .

 

[Conan the Barbarian]

Survival rate is between 20%- 40%. Higher for younger patients.
Having the best health-care under our world class medical hub
helps too, fully covered by insurance.

I'll lay my bets he will survive.

Surprisingly, DBS shares are up after the trading halt, while that
of UOB and OCBC are down.

 

[DerekLeung]

Fark sinkies believe these shit the papers prints !

 

[The_Latest_H]

And the directors hired him....makes you wonder what happened to their vetting procedures? Surely it has gone to the dogs...because there was vetting, I'm sure it isn't much.

In any case, investors wouldn't feel confident with DBS. It looks even more badly-run than ever.

 

[eErotica69]

Hello, this forum how come got so many ignorant people?

The medical bills for large companies like DBS are covered by Group Medical Insurance!!

 

[The_Latest_H]

Hello, this forum how come got so many ignorant people?

The medical bills for large companies like DBS are covered by Group Medical Insurance!!

Its not about that. Its about the vetting process(or lack of) by DBS and the subsequent consequence that doesn't give confidence to any investor and any of us who has money in DBS.

 

[ahleebabasingaporethief]

Its not about that. Its about the vetting process(or lack of) by DBS and the subsequent consequence that doesn't give confidence to any investor and any of us who has money in DBS.

So what you are saying is DBS never did proper due diligence in health check when they hired him?

Or, simply he got the disease within the last 12 months after joining?

 

[The_Latest_H]

So what you are saying is DBS never did proper due diligence in health check when they hired him?

Or, simply he got the disease within the last 12 months after joining?

Leukemia doesn't happen overnight. A person who's in his middle age should have gone for annual health check-ups to ensure a clean bill of health- or not.

And plus this is an angmoh- which such the above habit is common over in the West. Its astonishing to see a newly appointed CEO, barely there for 8-9 months, now getting leukemia. Annual checks could have revealed on whether was he in the risk of getting leukemia(blood cancer).

In any case, the board has a lot to answer for- at least to see whether the board does have any say in the appointment of this current CEO or not. If it was forced upon the board without proper vetting, then its a sign of massive political engineering. A politicised bank works for no-one and will be bad for its investors, the savers and for the country. Moreover, its also a state-owned bank.

 

[dysentry]

wife is quite a milf...

http://www.facebook.com/people/Li-Peng-Koh/631130394

 

[imperialarms]

wife is quite a milf...

http://www.facebook.com/people/Li-Peng-Koh/631130394

former miss singapore! another lao spg ang moh lover

 

[kentucky79]

must be retribution from the 900 he sacked last year.
Think the 900 must have prayed to kuan yim to f. him

 

[DerekLeung]

So what you are saying is DBS never did proper due diligence in health check when they hired him?

Or, simply he got the disease within the last 12 months after joining?

No he got his illness a day after fat bonuses were announced !

 

[batman1]

Those bosses /employers who retrenched workers/employees while collecting millions of dollars in salaries and bonuses are shameless and at the height of irreponsibility animals who never for a moment believed in retribution.Let GOD handle these types of animals!