The promises for a new year - an update

My friend has informed me that whenever there are senior management changes in Bursa it  seems that the SC is required to give it approval, ok, wink, nod or whatever! What he cannot say is whether this is because it is a MOF procedure or a licensing requirement or whatever!

Now the point here is that because (it would seem that) the Tan Sri Dato Seri Chairman has not approved, oked, winked or nodded, there is a state of flux at Bursa about the situation (internally), I was the Chief Regulatory Officer, now I am the Chief Commercial Officer but to the public I am still the Chief Regulatory Officer even though someone else is doing the work of CRO (internally).

Now detractors of our dear  Tan Sri Dato Seri Chairman say that it is typical of the man, that anything sent to him is left on the back burner with the hope that the issue will take its own natural course and magically resolve itself. Some of the more venomous detractors accuse our Tan Sri Dato Seri Chairman of being more interested in overseas travel and opening ceremonies.

Putting all this aside, is there maybe a more serious issue at the frontline regulator (Bursa) of the SC, is there discord within the organisation that the CEO tried his own coup d'etat (by removing the CRO and creating a new position for her - some say a cold storage position), even if that be the case, then there is the situation of the CEO jumping the gun and making internal announcements and senior level movements before exhausting due process! Is this not ultra vires of his office, which should rightly now be referred to for disciplinary inquiry and worse of all, are there multiple cases of constructive dismissal, like the previous case of the Senior Management guy (at Bursa) that had to be paid out in millions, I am told.

Rt. Hon. Mr. Finance Minister, I would put it to you that both the dear Tan Sri Dato Seri Chairman and the CEO of Bursa are proving to be wanting in their abilities, especially in these difficult economic times, and therefore I humbly put myself forward to be the next Tan Sri Dato Seri Chairman.