The group’s cash portfolio currently constitutes a significant portion of its total assets and plays the critical role of liquidity support to the other investment portfolios. Chiang has over 25 years of experience in treasury, financial markets, and risk management, and is well-qualified to manage the liquidity and capital of the group, it says.
Yangzijiang Financial (SGX:YF8
) has announced changes to its organisational structure to strengthen its risk management functions and oversight, doing away with the chief risk officer (CRO) role in the process.
The current CRO, Chiang Kheng Hong, will be reassigned to run the group’s cash management operations and will join the respective investment committees to strengthen oversight of the group’s treasury and liquidity risk management.
