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Cordlife needs a fresh start amid its ongoing scandal, not ‘old blood’ in a new bottle

Navene Elangovan
Published Tue, Feb 27, 2024 · 05:00 AM
    • Cordlife Group's new group CEO Yiu Pang Fai has close links to the board and major shareholders.
    • Cordlife Group's new group CEO Yiu Pang Fai has close links to the board and major shareholders. PHOTO: BT FILE

    SINGAPORE’S longest-running cord blood bank, Cordlife Group , has finally appointed a new group chief executive officer (CEO), amid the drawn-out saga over the mishandling of cord-blood units.

    But the appointment is unlikely to be what its investors and customers were looking for.

    The company on Feb 19 announced the appointment of 34-year-old Yiu Pang Fai as group CEO, replacing outgoing chief Tan Poh Lan.

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