SINGAPORE - SMRT announced that its group chief financial officer Ong Eng Keang has resigned to pursue philanthropic interests and business prospects.

Mr Ong, 48, will relinquish his role as the Group CFO on Nov 9. He was appointed to the post on March 1.

Pending the appointment of a new CFO to replace Mr Ong, his responsibilities will be covered by the vice president of group finance & shared services, Ms Cindy Lau Kee Mei.

SMRT will announce the appointment of a replacement CFO in due course.

The roles of the CFO, SMRT said, include providing overall leadership to the finance function of the SMRT Group and playing a key role in developing, monitoring and evaluating overall corporate strategy with the chief executive officer and leaders of business units with emphasis on bottom line performance, working capital and enhancing shareholder value.

This position provides useful financial insights to help make better decisions about formulating and executing strategy. Major responsibilities include corporate governance, accounting, treasury, investments and financial reporting.