Bloomberg.com, 29 Jan 2009, Shamim Adam
an. 29 (Bloomberg) -- DBS Group Holdings Ltd., Southeast Asia’s biggest bank, said Chief Executive Officer Richard Stanley has been diagnosed with leukemia and that Chairman Koh Boon Hwee will oversee management of the company.
Stanley, 48, will begin medical treatment immediately after his illness was confirmed today, the company said in a statement to the Singapore Stock Exchange. Koh, 58, will assume “active management oversight” while Stanley takes a leave of absence that may last as long as six months, the company said.
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