“With a succession and transition plan in place, Mr Toe's departure on the effective date is not expected to impact the group's day-to-day operations,” says Yangzijiang Financial in an Oct 20 statement.
Vincent Toe Teow Heng, the CEO of Yangzijiang Financial and the chief investment officer (CIO) of its Singapore business, has resigned from the company.
According to an Oct 20 filing on the SGX, Toe will be leaving the company on April 24, 2024, to “pursue other opportunities”. In the meantime, he will remain at the helm till his last day to “provide continuity during the transition period and ensure the smooth running of the group’s operations”.
