IReit CFO resigns to ‘pursue other opportunities’

EUROPE-FOCUSED real estate investment trust IReit Global’s : UD1U 0% manager announced on Wednesday (Jul 6) that its chief financial officer, Choo Boon Poh, will step down on Aug 22, 2022, when his replacement will join the company. Choo will remain employed with the company until Sep 9, 2022.

The manager noted that Choo had previously expressed his intention to leave to “pursue other opportunities” and that the board has identified a suitable candidate.

It added that his replacement will be announced at a later date.

Units of IReit Global closed down 0.8 per cent or S$0.005 to close at S$0.61 on Wednesday.