atans1

PAP: Missed one, bagged one?

In Uncategorized on 09/10/2011 at 6:55 am

Nice to read that a S’porean is going to be head of UBS here. UBS Bank has appointed Mr Edmund Koh as its Singapore country head and CEO of its Singapore wealth management division. He will also become a member of the UBS Global Wealth Management Executive Committee. He assumes his responsibilities at the bank early next year.

For all its investment bank problems, UBS’ wealth management business is second to none internationally, and in Asia. In Asia, HK and S’pore are the two crown jewels in UBS’ wealth mgt division.

Mr Koh was until recently the president of Ta Chong Bank in Taiwan. He was reorganising the bank for US private equity group, Carlyle. He was once head of regional consumer banking group at DBS Bank’s consumer lending business in Asia and the CEO of Prudential Assurance Company here.

A few years ago, there were stories that Edmund Koh tried, but failed to become a PAP candidate MP.

So with parly opening tomorrow, I tot it was a suitable time to remind S’poreans of these rumours. In the new batch of MPs, we got “I didn’t do NS” Puthucheary, and  “I don’t know what to say” Tin. Give me an Edmund Koh anytime over people like Puthucheary and Tin.

Having said that, I must say I’m getting gd vibes abt “Kee Chiu” Chan. He is talking the talk at the Ministry for Community Development, Youth and Sports when it comes to welfare. He is also walking the walk. I understand the MCYS homepage has been revamped and now lists all the welfare schemes http://app1.mcys.gov.sg/Assistance.aspx?tid=115 . The absence of this list previously gave rise to suspicious abt whether the government wanted to make it difficult to get welfare.

I didn’t have a gd impression of him because of his comments on the Internet, his speech abt the Chinese miners’ republic, and his behaviour when the PAP was caught busing supporters to a rally. But if he continues what he is saying and doing abt welfare, I’ll say “Kee Chiu Hoy Say leh”

About these ads
  1. [...] is a dirty word in Stingypore – Thoughts of a Cynical Investor: PAP: Missed one, bagged one? – Singapore Notes: We Should Be So [...]

  2. peg salaries to the lowest denominator as well. you will see more rapid roll out of programmes. changing website is cosmestic. the grey tsunamic is coming.
    like to see more programmes to take care of over 50′s now, and when implemented in 10 year’s time, we wont have to clear tables at hawker centre.

    too early to praise anyone at MCYS … the former team has only scratched the surface of the problem. Give kee chew a chance to propose a workable scheme. being seen to do something is very different from actually doing.

    Sober

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 199 other followers

%d bloggers like this: