News
Change - Announcement Of Cessation Of Service As Group Chief Financial Officer
Back08 Nov 2016
| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Cessation of service as Group Chief Financial Officer |
| Date & Time of Broadcast | Nov 8, 2016 14:10 |
| Submitted By | Michelle Koh Company Secretary |
| Description | Cessation of service as Group Chief Financial Officer |
| Cessation Details | |
| Name of person | Arthur Lang Tao Yih |
| Age | 44 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Jan 1, 2017 |
| Detailed reason(s) for cessation | Mr Arthur Lang has tendered his resignation as Group CFO to pursue other career interests and his last day of service is 31 December 2016. He will be succeeded by Mr Lim Cho Pin Andrew Geoffrey. During Mr Lang's tenure, he has made invaluable contributions to the Company. The Board thanks Mr Lang for his contributions to CapitaLand during his tenure as Group CFO and wishes him all the best in his future endeavours. |
| 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? | No |
| Date of appointment to current position | Aug 1, 2011 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this account this cessation) | 6 |
| Number of cessations of appointments specified in Listing Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 1 |
| Job Title | Group Chief Financial Officer |
| Role and responsibilities | He is responsible for CapitaLand's finance, treasury, tax, risk management and investor relations functions as well as the Company's strategic investment initiatives and investment management function. The internal audit function also reports to him administratively. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Nil |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | CapitaLand Limited - 860,378 shares (direct and deemed) |
| Other directorships | |
| Past (for the last 5 years) | Please see attached Appendix A |
| Present | Please see attached Appendix B |
Attachments
- Appendix A (Size: 5,820 bytes)
- Appendix B (Size: 14,873 bytes)