ASX appoints new compliance chief amid pressure to deliver on turnaround plan

ASX appoints new compliance chief amid pressure to deliver on turnaround plan

AUSTRALIAN stock exchange operator ASX has appointed Lucinda McCann as its new chief compliance officer with immediate effect, the company said on Monday, amid mounting pressure to deliver on its multi-year turnaround plan. The appointment comes as ASX faces heightened regulatory scrutiny following a string of compliance and operational setbacks, including the central bank’s recent…

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PacificLight appoints Mitsubishi Power and Jurong Engineering to build S$1 billion hydrogen-ready power plant

PacificLight appoints Mitsubishi Power and Jurong Engineering to build S billion hydrogen-ready power plant

[SINGAPORE] PacificLight Power announced on Thursday (Oct 23) that it has appointed a consortium comprising Jurong Engineering Limited (JEL) and Mitsubishi Power to build its S$1 billion hydrogen-ready power plant. The power generation and electricity retail company was awarded the right to build, own and operate the combined cycle gas turbine (CCGT) on Jurong Island…

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Garuda Indonesia appoints new CEO Glenny Kairupan

Garuda Indonesia appoints new CEO Glenny Kairupan

The airline also appoints Balagopal Kunduvara, a former executive of Singapore Airlines, as new CIO [JAKARTA] State airline Garuda Indonesia on Wednesday (Oct 15) appointed a new chief executive officer, retired military official Glenny Kairupan, its corporate secretary Cahyadi Indrananto said. No reason was given for the appointment. Cahyadi told Reuters that inquiries should go…

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Singtel’s Optus appoints consulting firm Kearney to ‘begin immediate oversight’ following outages

Singtel’s Optus appoints consulting firm Kearney to ‘begin immediate oversight’ following outages

The company pledges to cooperate fully and transparently with the Australian media authority’s probe into the outage issue [SINGAPORE] Optus reaffirms its commitment to restoring public confidence and acknowledges its responsibility within the national emergency call system, its chairman John Arthur said in a statement on Tuesday (Sep 30). In a direct bid to repair…

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Singtel’s Optus appoints consulting firm Kearney to ‘begin immediate oversight’ following outages

Singtel’s Optus appoints consulting firm Kearney to ‘begin immediate oversight’ following outages

The company pledges to cooperate fully and transparently with the Australian media authority’s probe into the issue [SINGAPORE] Optus reaffirms its commitment to restoring public confidence and acknowledges its responsibility within the national emergency call system, its chairman John Arthur said in a statement on Tuesday (Sep 30). In a direct bid to repair its…

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SingPost appoints Mark Chong as group chief executive officer

SingPost appoints Mark Chong as group chief executive officer

Currently group chief corporate officer at Singtel, Chong will begin his new role in November  [SINGAPORE] Singapore Post (SingPost) has appointed Mark Chong as its group chief executive officer, effective Nov 1, the company said in a bourse filing on Thursday (Sep 25). Teo Swee Lian, chairman of the board, said: “We are pleased to…

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