SingPost fires 3 senior executives including group CEO, CFO over handling of whistleblowing report

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The Straits Times 8h ago

SingPost fires 3 senior executives including group CEO, CFO over handling of whistleblowing report - The Straits Times

Quick Summary:

The trio were found to have failed to exercise due diligence and breached their duties to the company.

Meanwhile, an acting CEO will be appointed to lead the IBU pending a board review of the unit – no appointment of a new international business CEO is being proposed at this stage.

Mr Phang was also requested to resign as a director of SingPost and all its related companies in accordance with his contractual obligations, the company said in a bourse filing on Dec 22.