Change - Announcement of Cessation::Resignation of Group Chief Financial Officer

Issuer & Securities

Issuer/ Manager
IFS CAPITAL LIMITED
Securities
IFS CAPITAL LIMITED - SG1A35000706 - I49
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Sep-2024 17:59:36
Status
New
Announcement Sub Title
Resignation of Group Chief Financial Officer
Announcement Reference
SG240927OTHRVL6O
Submitted By (Co./ Ind. Name)
Chionh Yi Chian/Angeline Ng
Designation
Company Secretary/Assistant Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Ms Ang Iris as the Group Chief Financial Officer of the Company

Additional Details

Name Of Person
Ang Iris
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
15/11/2024
Detailed Reason (s) for cessation
Ms Ang Iris had tendered her resignation as the Group Chief Financial Officer due to other personal commitments.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If Yes, Please provide full details
The Company is in the process of searching for a replacement for the position of Group Chief Financial Officer and will make the necessary announcement when a suitable candidate is found.
Date of Appointment to current position
06/02/2017
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Financial Officer
Role and responsibilities
Responsible for the Group's finance function, including accounting, financial reporting and treasury functions of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
1. IFS Asset Management Private Limited
2. IFS Consumer Services Private Limited
3. IFS Capital Assets Private Limited
4. IFS Ventures Private Limited