Vincent Toe has resigned from his position as the CEO of Yangzijiang Financial Holding to explore other opportunities. According to a filing made to the bourse, Toe’s tenure will conclude on April 24, 2024. Ren Yuanlin, the company’s Executive Chairman, will take over as the new CEO after Toe’s departure. Ren will receive support from Liu Hua, who will assume the role of Deputy CEO. Liu Hua is the current Chief Financial Officer and Chief Operating Officer (COO) of the company, and she will continue in her role as CFO.
In light of Toe’s impending departure, the company has restructured its management team, which includes the elimination of the roles of Chief Investment Officer for the People’s Republic of China (PRC) and Singapore. The CEO will now oversee Yangzijiang’s investments, encompassing sourcing, execution, management, and monitoring of the company’s investments in both the PRC and Singapore, duties previously carried out by the CIO.
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