Monday, January 5, 2009

Daily news - 5 Jan

CEO Neil Montefiore to step down
MobileOne Ltd (M1) announced that Mr Neil Montefiore, Chief Executive Officer of M1, has decided to step down as CEO and Director of M1, with effect from 1st February 2009. Mr Montefiore, who joined M1 in April 1996 and has served as its CEO since then, has indicated that he wishes to pursue other personal interests. As part of M1’s succession planning and grooming, M1’s Chief Financial Officer, Ms Karen Kooi Lee Wah, will be appointed Acting CEO in addition to her cu rrent duties, with effect from 1st February 2009. The appointment of Ms Kooi is subject to the IDA’s approval.

Appointment of Ms Winnifred Heap as Group EVP
MobileOne Ltd (M1) announced that Mr Neil Montefiore, Chief Executive Officer of M1, has decided to step down as CEO and Director of M1, with effect from 1st February 2009. Mr Montefiore, who joined M1 in April 1996 and has served as its CEO since then, has indicated that he wishes to pursue other personal interests. As part of M1’s succession planning and grooming, M1’s Chief Financial Officer, Ms Karen Kooi Lee Wah, will be appointed Acting CEO in addition to her cu rrent duties, with effect from 1st February 2009. The appointment of Ms Kooi is subject to the IDA’s approval.

Source: Kim Eng

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