PETALING JAYA: Alliance Bank Malaysia Bhd group chief executive officer Datuk Bridget Lai and group chief operating officer Shim Kon Teck will not be paid compensation following their departure from the banking group, a source said.“It is believed that they will only be paid in lieu of notice as officials at senior management level will have to give three months’ notice if they want to resign.
The source said it was understood that they had resigned before the bank’s internal probe proceeded to a final inquiry and that no compensation was paid. Full Story
