iFast notes that the change in group CFO is part of its long-term succession planning.
In early March, iFast appointed Vincent Tong as CEO for its Singapore subsidiary iFast Financial.
The group’s CEO and chairman Lim Chung Chun, who had been concurrently serving as CEO of iFast Financial, relinquished his role to Tong as the group “continues to expand and scale its operations”.
Lin, the incoming group CFO, first joined iFast in 2015 as a regional research manager. He was most recently the group finance director of iFast.
See also: Singtel’s Optus appoints non-executive director John Arthur as chairman of the board
Shares in iFast closed 7 cents higher or 0.948% up at $7.45 on March 27.