The Far East Group Limited has promoted Francis Lai Kum Wai to Chief Financial Officer.
Lai started his career as an entrepreneur in the education industry while pursuing for his Bachelor of Arts degree in the National University of Singapore (NUS) where he graduated with a 2nd Class Honours degree in Arts majoring in Japanese Studies. Concurrently he pursued his Association of Chartered Certified Accountants (ACCA) qualifications.
Prior to joining Far East Group Limited as Senior Finance and Business Development Manager in 2011, he spent 11 years in the semiconductor industry, taking on different accounting roles in financial and management accounting and was involved in the successful completion of several merger and acquisitions deals.
Since joining Far East Group Limited, he has assisted the Group on its listing on Catalist in 2011, been responsible for the due diligence studies in connection with the Group’s business expansion plan, managing the Group’s insurance policies and developing the Group’s finance policies and procedures.
He is a non-practising member of the Institute of Certified Public Accountants of Singapore, CPA (Singapore) and is also a fellow of the Association of Chartered Certified Accountants (ACCA).
In the past 10 years, Lai worked for Far East Group Limited and Ellipsiz Singapore Pte Ltd.