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

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.