For subscribers
In Good Company: The other sides of Sias' David Gerald
Man who stood up for the little man during the Clob saga has been a champion of the underdog
Sign up now: Get ST's newsletters delivered to your inbox
Mr David Gerald is founder, president and chief executive of the Securities Investors Association (Singapore). Since the Clob saga 20 years ago, the association has helped some 230,000 Singaporeans get some sort of investor education and dealt with dozens of companies on behalf of small investors.
ST PHOTO: GIN TAY
Most Singaporeans know the president and chief executive of the Securities Investors Association (Singapore), or Sias, as the David who, in 1999, successfully took on the Malaysian Goliath after the government of the day in Kuala Lumpur froze the investments of 172,000 individual Singaporean investors at the height of the Asian financial flu.
Vexed that their precious little savings may be lost, some even contemplated suicide. Others were faced with bankruptcy or suffered marital discord when spouses accused the other of carelessness.
