SINGAPORE (June 28): Ayondo interim CEO Richard Mark Street is the latest C-suite executive to resign from the social trading company whose shares have been suspended from trading.
Street’s departure comes nearly two weeks after the resignation of chief operating officer Edward Charles Drake.
Apart from the two resignations, CFO Richard Fulton and CMO Sarah Brylewski have also left the company.
Street had held the interim CEO position for just about six months, following the resignation of the group’s CEO and founder Robert Lempka earlier in January
In a Friday filing on SGX, the group said that Street had resigned “to pursue other career opportunities and for personal reasons” although his last day at work has not been confirmed.
As interim CEO, Street manages and oversees the group’s overall business and activities of the group.
Ayondo has been suspended from trading since Feb 1 amid questions about its financial viability and its compliance with UK capital requirements.
See: SGX Regulation has also ordered an investigation into the company
The stock had last traded at 4.8 cents.
