Treasury appointments, May 11

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

Bhandari Hosiery Exports: Former head of finance and accounts Surinder Kumar Chawla at the India-based garment manufacturer was promoted to chief financial officer on May 6. Chawla is a registered chartered accountant.

Cambridge Solutions: The India-based business process outsourcing and information technology company appointed Darren Fisher as CFO on April 30. Fisher holds a bachelor degree in business from Ballarat University and has completed several executive education courses at Harvard Business School and Cranfield School of Management. In addition, he is a certified practicing accountant with more than 22 years of experience in various finance and accounting managerial positions.

Century Sunshine Group: The bio-organic fertiliser producer appointed Simon Sai Wai Luk company secretary following the resignation of former company secretary and CFO Tang Ying Kit on May 1. Luk is a member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants. The Hong Kong-based company is currently searching for a new CFO.

Golden Ocean Management: The subsidiary of Golden Ocean Group appointed Birgitte Ringstad Vartdal as CFO on May 5. The Bermuda-registered and Norway-based dry bulk shipping company announced the resignation of current CFO Geir Karlsen, whose last day of employment will be July 31, last week. Vartdal holds two masters degrees, one in physics and one in mathematics, from the Norwegian University of Science and Technology, and one in financial mathematics from Heriot-Watt University in Scotland. She is currently vice-president of investments at the Torvald Klaveness Group and will join Golden Ocean Management on August 1.

Imagi International: The Hong Kong-based animated film developer and producer appointed Catherine Wai Man Ma as company secretary after interim CFO and company secretary Ng Kar Yin ended his term of service on May 1. Ma holds a bachelors degree from the City University of Hong Kong. In addition she is a chartered secretary, a fellow member of the Association of Chartered Certified Accountants and a member of the Hong Kong Institute of Certified Public Accountants.

Luzhou Bio-Chem Technology: The Singapore-based corn and animal feed refining company appointed senior finance manager Wang Xiang De as interim chief financial controller on May 2. Wang will assume the accounting, reporting and other financial responsibilities of Wang Du Huai who resigned as chief financial controller of the company on May 1.

M1: Lee Kok Chew was promoted to CFO of the Singapore-based mobile communications, international call and wireless broadband service provider on April 30. Lee joined M1 in 2009 as finance director when the company was still named MobileOne. His responsibilities include financial reporting, accounting, compliance to listing requirements and the overall management of the group's finance functions.

Ryobi Kiso Holdings: The Singapore-based engineering solutions provider appointed Lim Soh Hoon as CFO on May 1. The appointment was made as part of the company's expansion plans for 2010. Lim joined the company in January this year as a financial consultant and will oversee the financial management, reporting, investment and tax and compliance matters of the company in her new position.

Uni-Bio Science Group: Fung Kwok Leung was appointed CFO and company secretary of the biopharmaceutical developer based in Hong Kong on May 1, replacing Goldman Pak Chung Lee who resigned the same day. Fung holds a bachelors degree in accountancy from the Hong Kong Polytechnic University and is a fellow member of the Association of Chartered Certified Accountants and the Hong Kong Institute of Certified Public Accountants.

Vibropower Corporation: Chua Soo Fong was appointed group financial manager of the Singapore-based stationary generator manufacturer on May 3. Chua will assume the responsibilities of Teh Teong Lay who will cease to be financial controller of the company on May 14. Her executive responsibilities include the accounting, financial reporting and financial management of the group.

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