Two Kumho co-CEOs resigned just a few days after being appointed, according to the Korea Herald.
Lee Han-seon and Park Se-chang, son of Kumho Asiana Group chairman Park Sam-koo, resigned from the position of CEO after the company’s major creditors demanded the pair’s resignations. The banks cited procedural problems with appointments as reason for the resignation, the Korea Herald reported.
Transaid has been awarded funding of £1.83 million from Comic Relief to run its largest ever project, which will provide vital access to maternal health services in Zambia. It follows just months after Transaid secured its first ever grant from Comic Relief; £1 million to set up a five-year Emergency Transport Scheme in Adamawa State, Nigeria.