Treasury appointments, May 18

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

BNY Mellon: Bank of New York Mellon appointed Nisha Pereira vice-president and senior relationship manager in India on May 12. Pereira will report to Aneish Kumar, head of treasury services for the Indian sub-continent. Located in Mumbai, Pereira is responsible for supporting the continued growth of the company's treasury services business throughout the Indian sub-continent focusing on cash management and trade finance.

Celestial Nutrifoods: Singapore-based Celestial Nutrifoods appointed Geng Hongtao group financial controller on May 15, replacing Hu Xiangang who resigned the same day. Geng has been chief financial controller and chief accountant of the soy bean food and beverage producer since 2005.

China EnerSave: The Singapore-based renewable energy provider announced the resignation of group financial controller Tan Fong Nee in an effort to downsize its activities. The company said in a statement that it could not afford to employ senior management with current major cashflow difficulties. Tan was responsible for all accounting and finance functions and corporate secretarial matters at the company.

Federal International (2000): Chng Geok was appointed interim group chief financial officer of the flow-line control product manufacturer on May 12, following the resignation of Khoo Eng Hock on the same day. Khoo was also company secretary. The Singapore-based company is looking for a suitable replacement.

Hong Kong Exchanges and Clearing: Samuel Sum Fai Wong will be appointed CFO and head of finance and administration of the stock and futures exchange authority on July 2. Wong has more than 20 years' experience in finance, investment banking and accounting and is currently finance director at Hutchison Port Holdings. He holds a bachelors of commerce degree in accounting and economics from the University of Toronto and a masters of business administration degree in finance from the University of British Columbia. In addition, he is a member of the Canadian Institute of Chartered Accountants.

SembCorp Industries: Utilities, marine and offshore engineering company SembCorp Industries will promote Koh Chiap Khiong to group CFO on July 1 following the retirement of Lim Joke Mui on June 30. Koh is currently deputy group CFO and has more than 10 years experience in finance, tax, treasury management and audit in the infrastructure sector. In addition, he holds a bachelors of accountancy degree from the National University of Singapore.

SinoMedia: The privately owned media advertising operator based in China and listed in Hong Kong appointed Derek Oi Nin Chan temporary CFO following the resignation of Xu Songzhen on May 10. Chan is currently company secretary and vice-president of finance. SinoMedia is looking for a permanent replacement for Xu.

Sirpur Paper Mills: The India-based integrated paper manufacturer promoted SK Modani to CFO on May 10. He will continue to hold his current position as vice-president of finance and commerce at the company.

SMS Pharmaceuticals: N Rajendra Prasad was appointed CFO of the India-based pharmaceutical product manufacturer on May 12. Prasad is a chartered accountant and has more than 23 years of experience in finance, taxation and corporate law from various manufacturing firms.

The Link Real Estate Investment Trust: The Hong Kong-based Reit will appoint Andy Lee Ming Cheung CFO on June 28, following the promotion of former CFO George Kwok Lung Hongchoy to chief executive on May 17. Hongchoy will remain in the CFO position until Cheung's promotion. Cheung has more than 18 years' experience in business development, finance and audit and is currently CFO of Hong Kong-based Paul Y Engineering Group. He holds a bachelors degree in business administration from Boston University and a masters of business administration degree from McMaster University. In addition, he is a certified public accountant in the State of Illinois.

UPS Vietnam: The joint stock company established by Vietnam-based UPS and P&T Express appointed Tran Le Huong finance manager on May 10. The UPS Vietnam head office will be located in Ho Chi Minh City and be led by Jeff McLean, who was appointed general manager of UPS in Vietnam earlier this year. The appointments are part of the company's plan to extend its express pickup and delivery service to 63 provinces in Vietnam and offering later pick-up and cut-off times.

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