Treasury appointments, June 22

A roundup of the latest CFO and treasurer moves from around the region.

Aptus Holdings: The Hong Kong-based oil and gas distributor and service provider appointed Michael Lai Yin Poon chief financial officer and company secretary on June 11. He replaced Chan Ka Yin who resigned from both positions on April 22. Poon is responsible for managing all aspects of the company's finance including corporate finance, due diligence, tax and treasury. He has more than 15 years' experience in financial reporting, business advisory, auditing, taxation, accounting, and mergers and acquisitions. In addition, he holds a bachelors degree in administrative studies from York University and a masters degree in accounting from Monash University.

China Electric Motor: The China-based micro-motor product company appointed Dexter Fong CFO on June 14 who has been a director of the company since January this year. He is a Certified Public Accountant of the US and has held various positions in accounting firms in the US and Hong Kong. Fong holds a diploma in history from the Hong Kong Baptist College and a masters degree in accounting from the University of Illinois.

China Vanguard Group: Ernest Chun Hong Chow was appointed CFO of the Hong Kong-based investment holding company, whose subsidiaries include Aptus Holdings, on June 17. Former CFO Patrick Yiu Ming Kwan resigned on June 18. Chow has more than 20 years' experience in various accounting and financial management roles in Hong Kong, China and Southeast Asia. He holds a bachelors degree in physics and mathematics from the University of Hong Kong and a masters degree from the Chinese University of Hong Kong. In addition, he is a fellow member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants, and an associate member of the Institute of Chartered Accountants in England and Wales.

China Yongsheng: The Singapore-based concrete producer and supplier appointed Yam Yoke Chun CFO on June 17. She is responsible for all financial, accounting, tax and reporting matters at the company. Yam has a bachelors degree in accountancy from the National University of Singapore. The company will also appoint To Kuo Hong financial controller on July 1. He holds a bachelors degree in accountancy from Nanyang Technological University.

Hu An Cable Holdings: The Singapore-based wire and cable manufacturer announced that it promoted finance manager Xue Ru to financial controller following the resignation of CFO Lai Wen Jing on June 14. He joined the company in February this year.

LHT Holdings: Oh Gim Teck was appointed CFO of the Singapore-based timber product manufacturer on June 16 following the resignation of financial controller Koo Seck Chong the day before. Oh joined LHT Holdings from New Lakeside Holdings where he resigned from his position as CFO in mid-April due to on-going cashflow problems and a conflict of interest with the executive directors.

SMI Corporation: Samuel Shong Au-Yong was appointed CFO of the Hong Kong-based entertainment company on June 15. Au-Yong has more than 18 years' experience in corporate finance, mergers and acquisitions, direct investment, business law and accounting. He is a Fellow Chartered Accountant in England and Wales and Fellow of Certified Public Accountant in Hong Kong.

TT International: Goh Chong Theng was appointed CFO of the electronic product distributor on June 16. He is responsible for leading and directing the accounts, finance and control division of the company and its subsidiaries. He will also oversee the company's accounting, finance, treasury and tax aspects with a special focus on fundraising exercises.

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