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Ex-SMRT CEO became Pinky's lackey so as to enjoy a life of wealth and glory


Upon resigning as CEO of SMRT last year, Mr Quack opened a consultancy firm called Genium with two of his ex-SAF friends.

Genium was not doing well. It could not break even and Mr Quack had to find another way to feed his family. (By the way, that Genium was not profitable from Day 1 is evidence that our scholars (academic elite) and armchair army generals cannot survive in the real private sector. They need handholding and handouts from their political masters.)

With help from Penang Cow, he got an audience with the ruler of Sinkieland. During the meeting, Mr Quack volunteered to have his wife to be the nominal CEO of one of Pinky's overseas trust funds. In return, Chief Natural Aristocrat would bestow a highly-paid position on Mr Quack. It is a win-win strategy for both men. Empress Ho thinks it is a good arrangement.

On February 18, 2019 Mr Quack joined UBS as divisional vice-chairman for global wealth management. Pinky is well aware that Mr Quack has no relevant skills or experience in the financial industry.

What does the above tell you about the ruler of Sinkieland?

Former SMRT CEO Desmond Kuek to join UBS global wealth management

Vivienne Tay
4 February 2019
Business Times

Former SMRT CEO Desmond Quek will take on the role of divisional vice chairman for global wealth management at UBS from Feb 18, 2019.

Private Bank UBS has appointed former SMRT Corp chief executive Desmond Kuek as divisional vice chairman for global wealth management, effective Feb 18, 2019.

Mr Kuek will be based in Singapore, reporting to Joe Stadler, head of ultra high net worth, and Edmund Koh, president of UBS APAC.

Mr Kuek was previously president and group CEO of SMRT, stepping down from that role in April 2018.

Before SMRT, he was Permanent Secretary at Singapore's Ministry of Environment and Water Resources (MEWR) and also Chief of Army and Chief of Defence Force at the Singapore Armed Forces. He also served on the boards of Singapore Technologies Engineering and its subsidiaries, Defence Science and Technology Agency; and on the boards of the Housing and Development Board, Jurong Town Corp, International Enterprise Singapore and the Civil Service College.

In a statement, UBS said Mr Kuek’s experience as an executive, government official and board member will be of great value in strengthening its relationships with existing clients, forging new ones and growing the business across Asia Pacific.

"Desmond is a great intellect and strategic thinker. He is tenacious; always calm under pressure and not afraid to take on the toughest challenges with commitment and perseverance. His rich and diverse range of experiences driving complex businesses through innovation and transformation will serve UBS well into its next chapter. I am very happy to welcome him as a colleague,” Mr Koh said.

Source: https://www.businesstimes.com.sg/ba...ond-kuek-to-join-ubs-global-wealth-management


Ex-SMRT boss Desmond Kuek opens leadership consultant firm

Zhaki Abdullah
24 November 2019
Straits Times

SINGAPORE - Former SMRT chief executive Desmond Kuek, who stepped down from the role in August, has started a leadership consultancy company with two fellow ex-military men.

The firm Genium & Co lists Mr Kuek, 55, as the founder on its website, and Mr Fred Tan and Mr Ang Yau Choon as its managing directors.

Mr Tan, 48, was head of the Singapore Armed Forces' Centre for Leadership Development (2011 to 2018), while Mr Ang, 51, had served as commander of the Commando Training Institute.

All three men are directors at Genium & Co, according to Bizfile data, which also shows the firm was registered on July 24 - a few days before Mr Kuek stepped down as SMRT CEO.

In response to queries from The Straits Times, Mr Tan replied in an e-mail on Friday (Nov 23): "We see a strong need for effective leadership in private and public organisations, given the disruptive world we operate in. Effective and trusted leaders will make the difference to inspire their teams towards achieving excellence.

"Given our diverse experience in leadership and management over the years, the team is able to provide an Asian perspective for leaders to effectively lead self, lead teams and the organisation."

He added that the firm would focus on areas such as organisational transformation, strategy execution, crisis leadership, experiential learning and performance excellence.

To keep overheads low, it will have a pool of associate trainers who "must have a high level of competencies and are aligned to the Genium's core values of honour, commitment and excellence," said Mr Tan.

The firm will begin offering seven training programmes from January. Prices were not revealed.

In terms of clients, Mr Tan said the firm was "in discussions with various organisations from the public and private sectors" and it was not able to share details now.

Mr Kuek took over the helm of SMRT in October 2012, replacing interim CEO Tan Ek Kia, who had assumed the role after Ms Saw Phaik Hwa resigned in January 2012.

He led SMRT for 5½ years, during what was probably its most tumultuous period.

Even though his tenure was marred by incidents such as deaths on the track and tunnel flooding, he was part of the team - along with SMRT Trains chief Lee Ling Wee - that rebuilt the reliability of the North-South and East-West lines.

As of the third-quarter of this year, the North-South Line clocked an average of 734,000 train-km before a delay of more than five minutes.

For the East-West Line, the figure was 361,000 train-km. This was some 10 times better than the performance of both lines in 2011.

On whether his role at Genium was a full-time position, Mr Kuek told Lianhe Zaobao last Thursday: "I am still resting for a while before deciding on the next step and thinking about what opportunities there are in the future."

His successor at SMRT, Mr Neo Kian Hong, who also succeeded Mr Kuek as chief of defence, took charge of the rail operator on Aug 1.

Last week, Mr Neo revealed a reorganisation of the transport operator that is meant to help take its engineering capabilities to the next level, as well as improve customer experience.

Source: https://www.straitstimes.com/singapore/ex-smrt-boss-desmond-kuek-opens-leadership-consultant-firm

red amoeba

Alfrescian (Inf)
From ordering AMDK and ah nehs around in SMRT and getting away with lousy performance. He now has to report to AMDK and probably ah nehs, let’s see how Long eh survive. Can some ultra high net worth go fuck him upside down and he still have to suck thumb. Will love to see his look.


From ordering AMDK and ah nehs around in SMRT and getting away with lousy performance. He now has to report to AMDK and probably ah nehs, let’s see how Long eh survive. Can some ultra high net worth go fuck him upside down and he still have to suck thumb. Will love to see his look.
So UBS hire him is to appease pinky? Pinky can command a private foreign bank?