Friday, January 6, 2012

SMRT CEO Saw quits after train breakdowns

Singapore subway operator SMRT Corp said on Friday that Chief Executive Saw Phaik Hwa has resigned and board member Tan Ek Kia will take charge until a replacement is appointed, reported Reuters.

SMRT’s announcement came after the subway network suffered three major failures last month, each lasting several hours, prompting calls for Saw’s resignation.

“Ms. Saw will remain with the group to assist the relevant investigation teams and the committee of inquiry reviewing the causes of, and responses to, the disruptions to train operations in December,” SMRT said in a statement.

“Tan Ek Kia will assume interim executive responsibility for the management of SMRT, with a particular focus on rail operations.”

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