Treasury appointments, March 8

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

AA Group Holdings: Tan Kim Cheng was appointed financial controller of the Singapore-based loudspeaker parts producer on March 1. She joined the company from Allied Advantage where she was assistant account manager. She has taken over the responsibilities of Goh Kim Lo who resigned as financial controller at the end of September last year.

Ascott Residence Trust: The Singapore-listed real estate investment trust appointed Lim Faye Yik head of finance on March 1. She reports to chief executive Chong Kee Hiong and will also support head of business development and asset management Ronald Tay. Lim has more than 20 years of experience in the finance industry and holds a bachelor degree in literature and communications from Queens College and a master of business administration specialising in marketing financial services from Sheffield University.

Chemoil Energy: Mats Berglund was appointed chief financial and operating officer of the Singapore-listed global marine fuel products trader on March 3. He replaced Jerome Lazatin Lorenzo who resigned on the same day. Berglund joined Chemoil Energy from OSG, an international shipping company listed on the New York Stock Exchange, where he was a senior vice-president for five years.

China Titanium: The Singapore-based commodity trading and mineral resources mining company announced the appointment of Iris Ang as CFO on February 28. She replaced Wong Wai Keen who resigned on the same day. Ang joined the company from Sky China Petroleum Services where she was CFO for almost four years. At China Titanium she is responsible for all finance and treasury management functions.

Etika International Holdings: Lim Yew Thoon was appointed CFO of the Singapore-based manufacturer and distributor of sweetened condensed milk and food and beverage distribution company on March 1. He replaced Thoong Cooi Seong who resigned last month. Lim is a member of both the Association of Chartered Certified Accountants and Malaysian Institute of Accountants.

HTL International Holdings: The Singapore-based furniture manufacturer appointed Steven Tan Hong Leong finance director on March 1. He has been at the company since 2004 and was previously finance and operations director in two wholly owned subsidiaries. In his new position he will assist the company’s CFO, Siew Peng Yim, in overseeing all financial and accounting matters. Tan holds a master degree in accounting and finance from London’s South Bank University and is a fellow member of the Association of Chartered Certified Accountants.

Pacific Shipping Trust: Shaldine Wang was announced CFO of the Singapore-based vessel investment business trust on February 28. She joined the company from Cambridge Industrial Trust Management where she was head of investment. At Pacific Shipping Trust she is responsible for all finance and treasury management functions.

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