News update

Been so busy with my competition that I've had barely any breathing space. Nonetheless, still managed to take out little time to read, and found this piece of news that caught my eye.

Singapore state investor Temasek Holdings said on Friday its chief executive Ho Ching will step down and be replaced by former BHP Billiton CEO Chip Goodyear on Oct. 1.


CNBC.com
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Ho Ching, wife of Prime Minister Lee Hsien Loong, joined Temasek as a director in January 2002 and has been CEO since January 2004.

"The team has already embarked on a different stance since mid-2007, and has begun to review its long-term plans under different scenarios prompted by the economic downturn," Chairman S. Dhanabalan said at a media briefing.

"If we are to bring in new leadership, it would be just as good a time as any to involve a new leader in this review."

Goodyear, 51, stepped down as CEO of BHP Billiton in January 2007. He joined Temasek's board on Sunday.


Will probably talk about the competition I went to, and what I've learnt from it.