Monday, June 06, 2011

Posting in Yahoo website

Like to read comments about Tan Kin Lian, former CEO of insurance company INCOME.
He was prepared to act independently in 2008, duing the financial cirisis, to support those who had been mis-sold structured financial product. He did not wait till 2011 when it became clearer that many people were disenchanted with the PAP style of ruling the nation.

In INCOME, he was always advocating that the investment gains should go to customers rather than to pay fat commissions. Inspired by Dr Goh, He pushed INCOME to never forget the low wage customer while foreign insurance companies preferred to chase the more well-off customers.

Now he says he will donate a large part of the EP salary to charitable purposes. http://preview.tinyurl.com/6jtzvep
Some say he is not a very sociable guy -- but actually, if you put your heart into the job, its not very hard to fulfill the ceremonial functions and to go around making small talk, shaking hands, holding babies and posing for pictures with the public. This is not the hardest part of the job -- the really hard part is to have enough understanding of the complex financial world to ensure our reserves are well managed (decent returns with minimum risk) and guarded.


Anthony Chia

No comments:

Post a Comment