Noble group CFO Van Der Zalm to step down, relocate to Europe
[JOHANNESBOURG] Noble Group Ltd, the commodity trader battling criticism of its accounting methods, a share-price slump and lower raw-materials prices, said Chief Financial Officer Robert van der Zalm is to step down.
Mr Van der Zalm recently took a health-related leave of absence and has now decided to relocate back to Europe to be with family, the Singapore-based company said in a statement on Thursday. Paul Jackaman, the Asia CFO, will take on the role of acting group CFO, the company said. Mr Van der Zalm will take on the role of vice chairman of finance, based out of Noble's London office.
BLOOMBERG
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Anglo rejects BHP takeover bid as significantly undervalued
India rice prices at three-month low on shrinking demand
Gold prices set for weekly decline ahead of US inflation data
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
Oil settles higher as weak US economic growth offset by supply concerns