DBS CEO Richard Stanley dies

[An excerpt form the Sunday times, 12/4, Prepared by Marcus Lau]


Friends and family last night flocked to the wake of DBS Group Holdings chief executive Richard Stanley, who died yesterday morning after a short battle with leukaemia. His body is resting at the Singapore Casket and his body will be held tomorrow at the Church of St Theresa in Kampong Bahru Road. Mr. Stanley was diagnosed with acute myelogenous leukaemia in late January and had been responding well to treatment. After two rounds of chemotherapy, his doctors believed that his cancer was in remission. But his weakened immune system made him susceptible to infection. His condition rapidly deteriorated over the last 48 hours and he succumbed to the infection. Within hours of the news of his death, the chiefs of local banking rivals United Overseas Bank and OCBC both offered deep condolences.