The Fall of the Titans

Even before we reach the half-way mark of 2010, two seemingly ' touch-me-not' corporate titans have been asked to take leave which have and will lead to their departure from the corporate scene for quite sometime.

First, there was Briggite Lai, the wunderkind at Alliance Bank. An internal inquiry exposed certain issues that she was involved in. She had no choice but to vamoosh!. There was no legal action taken. Was it ethical issues that did her in?

No we have another case. This time at the State-run Sime Darby hong.  The President and CEO, Zubair Murshid was asked to relinquish all positions today. This he did. No choice. Apparently he must have made some 'unforgivable  mistakes' at the Energy Division that saw the loss of RM1.5 billion. This has something to do with the Bakun Dam project, I suppose.

Will there be legal action? We await that one.

 With more transparency expected of corporate titans, they have to be really wise to earn their keep.

As the Bard says, "Heavy is the head that wears the Crown". More are finding out about this and may need Archimedes to weigh their crowns to ensure their necks can truly bear the weight of these star-studded crowns!

Otherwise,it is off with their heads!