US-listed China Yuchai, a subsidiary of Hong Leong Asia, has appointed Loo Choon Sen as its new chief financial officer (CFO) on June 3.
Loo’s appointment is effective on the same day.
His appointment comes as former CFO Dr Thomas Phung Khong Fock tendered his resignation, which took effect on June 1.
Phung has also resigned as a director of Guangxi Yuchai Machinery Company.
Loo comes with over 23 years of experience as a leader in financial operations.
His last role was director of finance for Schlumberger Limited’s Cameron Product Lines for Asia Pacific Middle East and his last job was with TechnipFMC covering the Asia Pacific region for Surface International.
Loo joined Cameron International Corporation in 2001 and had held various positions within the group including the positions as Director of Financial for Canada and Director of Financial Services for Asia Pacific Middle East.
Shares in Hong Leong Asia closed 0.5 cent higher or 0.5% up at 97.5 cents on June 3. Shares in China Yuchai closed 18 US cents higher or 1.1% up at US$15.93 on June 2.
