Reuters, 25 Apr 2011
Singapore's Neptune Orient Lines , the world's sixth biggest container shipping firm, said current CEO Ron Widdows will retire by the end of 2011 and will be replaced by a senior executive from state investor Temasek Holdings.
Ng Yat Chung, a former chief of Singapore's defence force, will be appointed as executive director from May 1 this year and become president and CEO on January 1, 2012, NOL said in a statement. Full story
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