The Changing of Old Guards

Happy retirement old guy!

LOOK AT ME! AM I FANTASISING.... replacing someone!

Yes……the old guards are expected to leave the helm of the corporation very soon, not that I supported it but perhaps it is about time for them to rediscover the next phase in life after hitting or near hitting the 60s. After Song Yam Lim left to be non-executive director of MSIG, Michael Wong of MCIS Zurich (non-life) is retiring this June and KC Phang is expected to retire soon. With KC leaving, two hopeful succesors are now hitting the trail – you know what I meant – The big question for Tokio marine – Is this going to be Michael Heng or Jayakumar? On the other hand this may not be a reality as the Japanese may be bringing in their people from Headquarter to helm Tokio Marine just like what happened in MSIG. Yusof bin Idris of Oriental Capital (OCA) would also be retiring come the last quarter of this year.

Visit Lunch Time Today for more write up:http://malaysianinsurance.com/LunchTimeToday/LunchTImeToday.html

It is a fact – quite a number of companies are now considering retiring their staff force when they hit their 55th birdthday. Prudential assurance Malaysia had done it and is still doing it as part of their succession planning process.

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7 comments for “The Changing of Old Guards

  1. October 13, 2010 at 07:34

    I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.

  2. Anonymous
    January 18, 2010 at 08:46

    Nah! Michael Heng is now the CEO of Tokio; your analysis not so correct! You can now remove this from your blog.

  3. Jap-pan
    July 11, 2009 at 00:08

    Heard last week; somebody showed me on her phone, SMS that announced Michael Heng is now the Deputy CEO. So he is waiting whether Tokio HQ will send any Japs to take over the CEO post or not.

  4. Jap-pan
    June 16, 2009 at 10:12

    I think it is difficult to leave behind something that we have had built over the years but it is the only way forward. The company that we contributed to is perpectual being (entity) unlike human being, we aged and go into oblivion, or perhaps as a piece of history if we did remarkably well, either for the right or the very wrong reasons.

  5. Anonymous
    June 7, 2009 at 03:40

    For making comment, please move the mouse over the title of the write-up and click to view the comment form at the bottom of the write-up……

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