Heng Hock Kiong stepped down as IFS Capital's group CFO

He resigned on his own accord.

Mr. Heng, 51, joined the group on March 3, 2014. He has more than 20 years of experience as CFO and finance director in several companies, and has held key executive and leadership positions in various industries ranging from telecommunication, food to healthcare and Oil & Gas. His experience included being CFO for Hsu Fu Chi International and Eu Yan Sang International and finance director for M1.

Mr. Heng is a member of the American Institute of Certified Public Accountants, the Institute of Management Accountants, the Institute of Internal Auditors and the Institute of Certified Public Accountants of Singapore. He also won the prestigious Best Chief Financial Officer of the Year Award of the Singapore Corporate Awards in 2011. He holds a Bachelor's degree in Business Administration from Baruch College, The City University of New York and a Master of Science from Lubin Graduate School of Business, Pace University.