KUALA LUMPUR, March 2 (Bernama) -- Alliance Financial Group Bhd (AFG) Tuesday announced the resignation of Shim Kon Teck as group chief operating officer of Alliance Bank Malaysia Bhd, a subsidiary of the group, with effect from April 1, 2010.Shim's resignation follows the resignation of Alliance Bank group chief executive officer Datuk Bridget Lai last week, which is also effective April 1.
Singapore's state investor Temasek Holdings owns 29 per cent of Alliance Financial via Vertical Theme Sdn Bhd, and Malaysia's largest pension fund, the Employees Provident Fund, owns 13.9 per cent. Full Story
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