CEOs of stat boards are not labeled ‘jiak liow bee’ without a good reason.
Most of them are former civil servants and scholars who have not worked a single day in the private sector. Nevertheless, PAP sees fit to peg their remuneration to the private sector for reasons which boggle the mind.
This sort of convenient arrangement to further PAP’s political agenda has dug Singapore into a hole, now looking more like an abyss. How does anyone without prior relevant experience contribute in any meaningful way to an organisation? Is there really no one who is more qualified other than a book-smart scholar to be CEO?
Since the hot topic is on the impending water price increase, let’s take a look at how jiak liow bee PUB CEO is. During such a ‘crisis’, the CEO should be taking centre stage to assuage consumers’ concerns. As for PUB CEO, there was no sound, no shadow.
Till today, he is still hiding behind his political masters who have been selling koyok to justify the increase in water prices.
CEO Ng Joo Hee knew as much about PUB as any Ahmad or Ah Kow before the mishandling of the Little India riot forced his transfer from SPF as CP to CEO of PUB. Ng was a SPF overseas scholar. According to a blogger, he was also “Singapore’s worst ever police commissioner”.
In October 2014, Ng was appointed (meritocracy?) by PAP to replace PUB CEO Chew Men Leong. Like Ng, Chew was a former SAF overseas scholar and navy chief who knew as much about PUB as you and I before he was parachuted into his CEO role.
Chew’s predecessor was President cum Colombo Plan scholar, Khoo Teng Chye. Khoo’s relevant experience included being an MD of Temasek Holdings, CEO of government-linked companies PSA and Mapletree Investments.
These book smart guys are all PAP-appointees and like PAP, concerned with profiting in any way they can from taxpayers and consumers, not with improving our well being.
All CEOs of stat boards are appointed based on their aligned interests with PAP. To me, it’s a disgrace to call themselves CEOs as they are as fake as foreign ‘monks’ begging for alms in Singapore or fake branded goods. Should just rename their title to ‘CEL’ or Chief Executive Leech.
PUB is a stat board – funded by taxpayers – and should not be run as a for-profit organisation. PUB’s ‘loss’ instantly becomes a ‘profit’ after topping up from the government and its ‘profitability’ has nothing to do with its CEO’s performance.
Why then should the remuneration of a stat board CEO be pegged to the private sector?
* The author blogs at LikeTatAlsoCanMeh.