SPH stock was on the radar of many investors today as it is the first day since SPH announced that it has appointed General Ng Yat Chung as its incoming CEO to take over the current CEO, Mr Alan Chan. General Ng needs no introduction. General Ng or more accurately LG(NS) Ng is the current CEO of NOL and he has overseen the privatization of NOL. Before he was CEO of NOL, General Ng, who was awarded the SAF Overseas Scholarship, was Singapore’s Chief of Army before assuming the post of Chief of Defence. After General Ng’s tenure in the Army, General Ng was appointed as the Senior Managing Director in Temasek Holdings before taking the helm of NOL, a very high-profile position, if we consider that former Prime Minister Mr Goh Chok Tong was a former managing Director of whose achievement who led NOL to turn its first profit by the mid-1970s according to the NOL website.
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