Venture Corp CFO resigns, company looking for replacement 

VENTURE Corporation on Tuesday (Feb 28) announced that its chief financial officer (CFO) William Ng has resigned from the company. His last day of service with the company will be Apr 30. 

The 48-year-old has resigned for “personal reasons”, a filing to the Singapore Exchange indicated. Ng was appointed to the CFO position on Apr 1, 2022. 

Venture said it is looking for a replacement for the role of CFO, and will make the necessary announcement when a suitable candidate is appointed. 

The company said Anthea Ng, who is currently Venture’s group finance director, will manage the functions and responsibilities of the CFO in the interim. 

William Ng will work closely with her to “ensure a smooth transition and proper handover of his duties”, said the company. 

The CFO is responsible for the company’s finance and accounting functions – including budgeting, financial planning, treasury, cash flow, credit and tax management, and other general corporate and administrative functions, Venture said. 

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Shares of Venture fell 0.6 per cent or S$0.11 to close at S$17.17 on Tuesday.