Chan Ying Jian resigns as BreadTalk's group CFO and CIO

Group chief executive officer Henry Chu left the company on Dec 31 for personal and health reasons. Mr Chan Ying Jian, who is both chief financial officer and chief investment officer, will leave BreadTalk Group on March 15.
Mr Chan Ying Jian, who is both chief financial officer and chief investment officer, will leave BreadTalk Group on March 15.
Group chief executive officer Henry Chu left the company on Dec 31 for personal and health reasons. Mr Chan Ying Jian, who is both chief financial officer and chief investment officer, will leave BreadTalk Group on March 15.
Group chief executive officer Henry Chu left the company on Dec 31 for personal and health reasons.

BreadTalk Group yesterday said Mr Chan Ying Jian, who is both chief financial officer (CFO) and chief investment officer (CIO) of the group, has resigned.

Mr Chan, 37, will leave BreadTalk on March 15 to pursue other career opportunities. He was appointed group CFO in June 2015, before assuming the additional role of group CIO in October last year.

The mainboard-listed food and beverage player said that upon Mr Chan's departure, executive chairman and founder George Quek will oversee the group's accounting, financial, treasury and tax matters.

Mr Quek will be assisted by the group financial controller and the division financial controller.

Two weeks ago, BreadTalk issued a profit guidance saying it expects a net loss for fiscal 2019 due to weakness in its bakery and food concept divisions, coupled with the turmoil in Hong Kong.

Mr Chan's resignation comes shortly after group chief executive officer (CEO) Henry Chu quit for personal and health reasons. Mr Chu left the company on Dec 31, with Mr Quek taking over his duties as group CEO in the interim.

In September, BreadTalk also promoted two other C-suite executives. They are Mr Jenson Ong, who took on the additional role of deputy group CEO, and Mr William Cheng, who was appointed group chief operating officer.

BreadTalk shares closed at 57.5 cents yesterday, up 0.88 per cent.

THE BUSINESS TIMES

A version of this article appeared in the print edition of The Straits Times on February 01, 2020, with the headline 'Chan Ying Jian resigns as BreadTalk's group CFO and CIO'. Print Edition | Subscribe