"He was not booted out," The Straits Times quoted an unidentified source as saying. "He retired to do church work. He felt that he should."
Chan, a co-founder of Pacific Internet, was executive chairman of the ISP until February last year, when he took over from Mark Carnegie as EasyCall chairman.
Chan was brought in to help EasyCall, formerly the Matrix Telecom Group in Australia, enter the Internet services industry. He brought with him several PacNet executives.
The Business Times speculated that Chan's departure might have been related to recent retrenchments at EasyCall's Internet data center business. After Boustead Singapore bought a 39.8 percent stake in the company, about 30 employees were axed to lower the company's burn rate. Among them were EasyCall chief technology officer Chiew Min Phay and general manager of sales and marketing Debbie Woon.
Carnegie, who remained on the EasyCall board, will replace Chan.