Cordlife needs a fresh start amid its ongoing scandal, not ‘old blood’ in a new bottle

Cordlife needs a fresh start amid its ongoing scandal, not ‘old blood’ in a new bottle

February 26, 2024 / Riah Marton /


SINGAPORE’S longest-running cord blood bank, Cordlife Group, has finally appointed a new group chief executive officer (CEO), amid the drawn-out saga over the mishandling of cord-blood units.

But the appointment is unlikely to be what its investors and customers were looking for.

The company on Feb 19 announced the appointment of 34-year-old Yiu Pang Fai as group CEO, replacing outgoing chief Tan Poh Lan.

Tan, 61, had served in the position for five years, before announcing her resignation last October – just months before Cordlife’s issues were made public.

Cordlife is currently serving a six-month suspension imposed by the Ministry of Health (MOH) in December 2023. Under the suspension,…



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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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