Lee Metal Group CFO Resigns; New Financial Controller Named

Lye Soon Ngian has resigned as Chief Financial Officer of Lee Metal Group Ltd.


The group's CFO since May 2008, Lye was responsible for all financial, administrative, human resource, taxation and treasury activities for the group.


Lye previously served as Group Financial Controller of Sing Lun Holdings Ltd. from October 16, 2000 to December 4, 2007 and was responsible for all financial, administrative, human resource, taxation and treasury activities of the Sing Lun Group of Companies. Lye joined Sing Lun Holdings Ltd. in 2000. Lye possesses over twenty five years of progressive and broad experience in financial, strategic and general management, the last 13 years of which with General Electric in Asia.


From April 1998 to March 2000, he served as Risk and Finance Manager, Asia at General Electric Company, Ge Power Systems. He served as Finance Manager of Asia Customer Services at General Electric Company and Ge Power Systems from November 1992 to April 1998. His broad experience includes setting up and being a Board member of a joint venture company in China in 1984 and also held directorships of companies in India, South East Asia, Europe and the Middle East.


Lye holds a Bachelor of Accountancy degree from University of Singapore and a Diploma in Management from the University of Hull.


New Financial Controller
Meanwhile, Lee Ren De has been appointed as Financial Controller of the company, with effect from February 28, 2014. He graduated from Nanyang Technological University with a Bachelor of Accountancy with First Class Honours.


Lee has undergone training with the key operating units in the Group and has understudied the CFO in the daily management of finance and accounting functions. He is thus exposed to and is familiar with the financial and operational aspects of our business.


Lee is currently Financial Controller of Lee Welded Mesh Singapore Pte Ltd. He was previously Assistant Manager at Lee Welded Mesh Singapore Pte Ltd. (March 2012 to January 2013).

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