Ho Ching may step down in August: FT report

[Char_Azn]

Asked about the report that chief executive Ho Ching is planning to step down, Temasek said it would not comment on speculation.

TEMASEK Holdings chief executive and executive director Ho Ching may step down in August, according to the Financial Times (FT).

The front-page report, quoting unnamed sources, said her departure could come soon after Temasek releases its annual report next month.

Temasek is expected to announce gains on its portfolio, which stood at $186 billion last year, when it issues the report for the financial year ending March 31.

Asked about the FT report, a Temasek spokesman said yesterday: 'We decline to comment on speculation.'

Ms Ho, 58, the wife of Prime Minister Lee Hsien Loong, has been in the top job for eight years. She has ranked high on several lists of Asia's most powerful women.

Analysts said yesterday it would be as good a time as any for her to step down, although some fund managers were not convinced that Temasek would make such a big change now.

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_678318.html

 

[krafty]

these ppl very unreliable, they leave when times are good. i expect a reccession coming after she leave. then the whole world at least know that she made some money for temasek.

 

[streetsmart73]

these ppl very unreliable, they leave when times are good. i expect a reccession coming after she leave. then the whole world at least know that she made some money for temasek.

hi there


1. aiyoh!
2. paper value can be easily manipulated too.
3. right pocket out left pocket in mah.
4. just to look good.

 

[syed putra]

PM better get her some other job to keep her busy otherwise she will nag him constantly. Maybe as a companion for the great leader LKY in his golden years.

 

[krafty]

1st,cheng hu want us to work till we mati.then,now good times,these pap mp and she left and wanting to leave.next time if spore can`t make it, I will be the 1st one to leave.

 

[drifter]

who dare to take over that mess ? even that angmo also scare ..

 

[karmabear]

For a scary moment, I was impressed that CharAzn was a reader of the FT. He actually read straits times... Ok, all is well. My assumptions about him are still valid. Carry on...

 

[lianbeng]

lianbeng suspects she's stepping down to consider running for president lor.

 

[myo539]

Yes, she was supposed to resign a couple of years ago, but had to stay behind because getting an angmoh to manage our huge reserves was not politically correct. Singapore simply cannot stomach this because an outsider would know our entire country's wealth.

Knowing Chinese will kill their own father and mother for wealth, she stayed on for the people and the country.

 

[whorejinx]

She can go and pick fruits too!

 

[whorejinx]

Yes, she was supposed to resign a couple of years ago, but had to stay behind because getting an angmoh to manage our huge reserves was not politically correct. Singapore simply cannot stomach this because an outsider would know our entire country's wealth.

Knowing Chinese will kill their own father and mother for wealth, she stayed on for the people and the country.

it is the opposite! the outsiders will know that we have THIS EMPTIED WEALTH!

 

[krafty]

you make her sound so great! you got one leg with her? you are confusing the fact that whoever become the ceo will know how much reserve sinkieland has. my no.1 principle in life is never trust politician or be suspiciuos on the motives of politician. in this case , she is the wife of a politician.

Yes, she was supposed to resign a couple of years ago, but had to stay behind because getting an angmoh to manage our huge reserves was not politically correct. Singapore simply cannot stomach this because an outsider would know our entire country's wealth.

Knowing Chinese will kill their own father and mother for wealth, she stayed on for the people and the country.