Governance challenges continue at TMC Life after CEO’s removal

TMC Life Sciences Bhd group chief executive officer Wan Nadiah Wan Mohd Abdullah Yaakob.

THIS week saw the removal of TMC Life Sciences Bhd’s suspended chief executive officer (CEO), Wan Nadiah Wan Mohd Abdullah Yaakob, with immediate effect, marking the culmination of a year-long internal conflict.

At an extraordinary general meeting on Monday, 58.7% of shareholders present, representing 99.98% of the voting shares, supported the resolution to remove her.