SIA's Chan Hon Chew named Keppel CFO

BLUECHIP conglomerate Keppel Corp has successfully wooed Singapore Airlines' (SIA) chief financial officer (CFO) into filling its top finance job, in a move that now has put Singapore's national carrier on an urgent search for a successor.

Keppel announced after the market closed yesterday that Chan Hon Chew, 48, will be its next CFO, taking over the position on Feb 1. His appointment follows the promotion of current CFO Loh Chin Hua to chief executive officer (CEO) on July 18. Mr Loh, now CEO-designate, will assume Keppel's top position on Jan 1, when current CEO Choo Chiau Beng retires.

As Keppel's CFO, Mr Chan will be responsible for the group's financial functions, including managing its capital, finance, treasury and tax, as well as its legal matters.