Jobs wishlist for Lee Hsien Yang
The whole discussion over whether Lee Hsien Yang should be paid a consultant's fee separate from a fee as chairman is a bit ridiculous, when you consider the calibre of the former CEO of Singapore's largest company. His 12-year experience and position as brother of the Prime Minister are incredible assets which other multinationals would pay considerable fees for. Which brings me to the point of this discussion: Lee Hsien Yang is completely under-utilised as chairman of Fraser & Neave, and we predict it won't be long - maybe 6-12 month-s - before we'll see additional appointments. To help speed this process along, we've made a list of possible jobs for Mr Lee:
Chief Executive, Integrated Resort & Casino. We don't care which one - Marina Bay or Sentosa. But the fact that Lee staked his reputation on the purchase of Optus makes him a perfect contender for this job. That acquisition has paid handsome dividends for SingTel since 2001 and shut up the naysayers who accused him of overpaying. He took a big gamble and won. What more can we ask for from a possible CEO of one of the two biggest gambling houses in Singapore (incidentally, he is already a director of that other big gambling house here, the Singapore Exchange).
Ambassador to the United States. His pedigree, his business acumen and the tempering effect his self-effacing and modest nature will have on the brash and outspoken Americans suggest that he would be well-suited to a political appointment. Plus, the well-regarded Chan Heng Chee has been there since July 1996 and may like to refresh herself with an extended return to Singapore.
Chairman of Virgin Group. Richard Branson's a fun guy - but so is Lee Hsien Yang. Short of joining SIA as Chief Executive (Chew Choon Seng's been there a few years already, but we reckon he's doing alright), Hsien Yang may as well whip Virgin Atlantic into shape, so SIA's 49% is well looked after.
What are your suggestions? And why?
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Chief Executive, Integrated Resort & Casino. We don't care which one - Marina Bay or Sentosa. But the fact that Lee staked his reputation on the purchase of Optus makes him a perfect contender for this job. That acquisition has paid handsome dividends for SingTel since 2001 and shut up the naysayers who accused him of overpaying. He took a big gamble and won. What more can we ask for from a possible CEO of one of the two biggest gambling houses in Singapore (incidentally, he is already a director of that other big gambling house here, the Singapore Exchange).
Ambassador to the United States. His pedigree, his business acumen and the tempering effect his self-effacing and modest nature will have on the brash and outspoken Americans suggest that he would be well-suited to a political appointment. Plus, the well-regarded Chan Heng Chee has been there since July 1996 and may like to refresh herself with an extended return to Singapore.
Chairman of Virgin Group. Richard Branson's a fun guy - but so is Lee Hsien Yang. Short of joining SIA as Chief Executive (Chew Choon Seng's been there a few years already, but we reckon he's doing alright), Hsien Yang may as well whip Virgin Atlantic into shape, so SIA's 49% is well looked after.
What are your suggestions? And why?
Go to the Investor Central Blog.
Watch the BlogCast using your mobile phone on the Investor Central pages of
StarHub Gee!
StarHub i-mode
MobileOne miworld
Labels: Chairman, Consultancy, Fraser Neave, Lee Hsien Yang
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