Singapore's DBS CEO Richard Stanley with Leukemia !!

The Chief Executive Officer Richard Stanley,48, of DBS Group Holdings Ltd., Southeast Asia’s biggest bank has been diagnosed with acute myelogenous leukemia. He will be starting the medical treatment soon. Chairman Koh Boon Hwee, 58, will assume “active management oversight” while Stanley takes a leave of absence that may last as long as six months, the company said.
Stanley’s illness comes days after DBS completed a S$4 billion ($2.66 billion) rights offer that drew more bids than securities offered. The bank is turning to shareholders for cash after a slowdown in Singapore’s economy and rising provisions for losses on credit investments caused DBS’s steepest earnings decline in two years.
Stanley was appointed chief executive officer on May 1, 2008. He was Citigroup Inc.’s top China banker before he joined DBS.