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Assuring outcome needed from SingPost

Two thorny tasks: finding the right person to take over the CEO reins and resolving the disclosure oversight issue in a convincing way

Published Wed, Dec 30, 2015 · 09:50 PM

    THOUGH December tends to be a quiet time for most corporates, for Singapore Post it has been anything but.

    Having kicked off the month with the shock resignation of its widely lauded CEO, the postal and e-commerce group looks set to end it with a bunch of unresolved corporate governance questions that centre on its failure to properly disclose a director's conflict of interest in at least one deal.

    Then again, SingPost might be no stranger to such issues. For one thing, this is not the first time the group has found itself scrambling to name a CEO successor.

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