Goh Jin Hian steps down as Cordlife chairman but staying on as ID
Fiona Lam
Singapore
GOH Jin Hian has left his post as chairman of Cordlife Group with immediate effect, although he continues to serve as an independent director. He also remains the non-executive chairman of New Silkroutes Group.
The announcement comes after Inter-Pacific Petroleum's (IPP) judicial managers (JMs) sued him in relation to an alleged breach of director's duties. Dr Goh, the medically trained son of former Singapore prime minister Goh Chok Tong, is ceasing the role "to devote more time to his personal affairs", said Cordlife in a filing late Monday night.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
PayPal plans job cuts as its new CEO pursues turnaround strategy
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams