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: Chairman and CEO of Asia-Pacific Strategic Investments Choo Yeow Ming resigns due to health reasons
Shares in iFast closed 7 cents higher or 0.948% up at $7.45 on March 27.