SMRT CEO Saw Phaik Hwa resigns

SMRT CEO Saw Phaik Hwa 57, has stepped down as president and CEO of SMRT with immediate effect "to pursue personal interests", said the transport operator in a filing with the Singapore Exchange (SGX) after the market has closed trading for the day.

SMRT, which is listed on the SGX, has appointed 63-year-old Tan Ek Kia, a board director, as interim CEO.

Ms Saw's resignation came amid public anger over two major breakdowns in train services that happened in succession last month that stranded tens of thousands of commuters.

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