Yangzijiang CEO Vincent Toe to end term on April 2024
Executive Chairman Ren Yuanlin will replace Toe.
Vincent Toe has stepped down from his post as CEO of Yangzijiang Financial Holding to “pursue other opportunities.”
In a bourse filing, the company said Toe will end his term on 24 April 2024.
The company’s Executive Chairman, Ren Yuanlin, will succeed Toe.
Ren will be assisted by Liu Hua who will take on the role of Deputy CEO following Teo’s departure.
Liu is the current Chief Financial Officer (CFO) and Chief Operating Officer (COO) of the company. She will retain her existing CFO responsibilities.
With Toe’s impending departure, the company has made changes in the structure of its management team, including the removal of the roles of Chief Investment Officer (CIO) for PRC and Singapore.
The CEO will oversee Yangzijiang’s investments, including sourcing, executing, managing and monitoring the company’s investments, both in the PRC and Singapore – a responsibility previously undertaken by the CIO.