| By Kor Kian Beng & Jeremy Au Yong | ||
 |  | Mr Kenneth Jeyaretnam (above) now holds the same post that his father held before he died last September. -- AGENCE FRANCE-PRESSE |
A MONTH after joining the fledgling Reform Party founded by his father, hedge fund manager Kenneth Jeyaretnam is now its secretary-general.
At the same time, a long-time ally of the late Mr J. B. Jeyaretnam and a co-founder of the party has quit after falling out with the younger Jeyaretnam.
The party issued a statement on Monday announcing the appointment of Mr Kenneth Jeyaretnam as secretary-general, Mr Edmund Ng as interim chairman and Mr James Teo Kian Chye as interim treasurer.
The statement also announced the resignation of Mr Ng Teck Siong as chairman following a vote of no-confidence against him.
Mr Ng Teck Siong, a long-time ally of the senior Jeyaretnam, told The Straits Times he had quit the party completely.
Opposition sources say he fell out of favour because he was slow in appointing a new secretary-general, the post held by the senior Jeyaretnam before he died of heart failure last September, two months after setting up the party.
Contacted by telephone, the younger Jeyaretnam declined to elaborate on Mr Ng Teck Siong's ouster.
'I think the CEC (central executive committee) just felt that they needed somebody of higher profile to take the party forward,' he said.
As for his plans for the party, he said: 'Obviously our plan is to take the party forward and to contest the next election, to build on what has been achieved before.'
Mr Jeyaretnam is married and has a 12-year-old son. He worked in London's financial sector for many years before returning with his family to Singapore last April.
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