24.03.2016
Senior management changes at Tat Hong
Tat Hong deputy managing director Sun Ho ‘Tony’ Ng is resigning, effective the end of the month he will remain on board as executive vice president special projects.
Ng, 63, joined Tat Hong in 1975 and became a board member in November 1991 and was responsible for the group's operations in Singapore (Crane Rental and Heavy Lift), Indonesia, Vietnam and Papua New Guinea. He will remain as a director of some subsidiary companies.
At the same time the company announced the retirement at the end of the month of group chief financial officer and company secretary Lional Tseng, 62. He will remain with the company on a part-time basis, as an advisor.
He will be replaced by Jennie Hong Chok Hane, 47, currently senior vice president group finance & corporate services. She will have overall responsibility for all financial and corporate functions including corporate finance, financial reporting, strategic financial planning, treasury management, taxation, risk management and investor relations. She will also remain as the company secretary.
Hong joined Tat Hong in April 2013 following three years as chief financial officer at Huo Soon Global. She was appointed joint company secretary in December and has been involved in strategic corporate planning, group finance, treasury management, risk management as well as corporate secretarial matters.
Sherm
In tune with Editor Leigh Sparrow's essay Finding A New Leader these changes indicate the training quality control enthusiasm succession planning and development requisite to bring about a steady management team for Tat Hong. Congratulations to all.