Tue, Jan 06, 2009 - Page 12 News List

Taipei 101 appoints temporary chair

By Lisa Wang  /  STAFF REPORTER, WITH CNA

Taipei Financial Center Corp (TFCC, 台北金融大樓公司), operator of Taipei 101, yesterday appointed company president Harace Lin (林鴻明) to take over temporarily after former chairwoman Diana Chen (陳敏薰) stepped down.

The shuffle came after Chen tendered her resignation to the board yesterday. Lin has served as TFCC president since 1997.

Late last month, Chen offered a verbal resignation to the company’s board after the Ministry of Finance said it intended to replace Chen amid serious concern about her competence.

The chairwoman also defended herself amid allegations that she gave bribes to former first lady Wu Su-jen (吳淑珍) to win her position.

Chen once attended courses at Ketagalan Institute, a think tank with close links to former president Chen Shui-bian (陳水扁).

The ministry has a say in management as it holds a major stake in TFCC via state-controlled firms such as China Development Industrial Bank (中華開發工銀) and Chunghwa Telecom Co (中華電信).

The TFCC board will hold a meeting to elect a new chairperson in the short term, TFCC said in a filing to the Taiwan Stock Exchange.

“No timetable has been set yet,” said Michael Liu (劉家豪), assistant vice president of the TFCC public relations department, by telephone yesterday. “The board members will not meet until they have come up with a candidate.”

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