PPWSA shuffle no surprise

Officials and securities firms yesterday showed little distress at the imminent retirement of Ek Sonn Chan, the man credited with straightening out and preparing the capital’s public water utility for its initial public offering in April. A letter from the Ministry of Industry, Mines and Energy (MIME) obtained yesterday by the Post said the Phnom Penh Water Supply Authority general director will leave his position on July 1 after a nearly 20-year tenure. Sim Sitha, the director of Sihanouk Water Supply, will replace him.  One insider compared the changing of the guard at PPWSA to the death of Apple’s Steve Jobs. …

http://Phnom Penh Water Supply Authority shuffle no surprise