Hong Leong Finance president Ian MacDonald resigns
HONG Leong Finance on Friday announced that Ian MacDonald will resign as president of the company with effect from Oct 1.
The reason for cessation was "to return to his home country with his family, after spending more than 14 years in Singapore".
Mr MacDonald, 60, was appointed president of Hong Leong Finance in February 2002, having overall responsibility for the company's operations.
Ang Tang Chor, currently deputy president of Hong Leong Finance, will succeed Mr MacDonald as president, with effect from Oct 1. The 68-year-old was formerly senior executive vice-president (corporate and consumer business) of Hong Leong Finance.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Oil settles lower as US business activity cools, concerns over Middle East ease
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data
TikTok suspends new app’s reward programme amid EU concerns
Hong Kong spot crypto ETFs to start trading next week
Cordlife substantial shareholder Nanjing Xinjiekou still mulling over offer to buy over remaining shares