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Rank appoints banking veteran Chew to board
10th December 2020
| By Daniel O Boyle
Mecca Bingo and Grosvenor Casino operator the Rank Group has appointed banking sector veteran Chew Seong Aun, chief financial officer of investment fund Guoco Group, to its board as a non-executive director, replacing Tang Hong Cheong.
Chew had previously served as chief financial officer of Malaysia-based Hong Leong Financial Group, before stepping down last month to join Guoco, which holds a majority of Rank’s shares. In total, he has worked for more than 30 years in the banking sector.
“I am pleased to welcome Seong Aun to the Rank board,” Rank chairman Alex Thursby said. “Seong Aun brings a wealth of financial and commercial experience to the board and will be able to further enhance the good communication established between Rank and its major shareholder.”
Rank adds finance expert Chew Seong Aun as a corporate advisor Share
Chew Seong Aun replacing
Tang Hong Cheong as a company non-executive director.
An expert in corporate finance, Seong Aun is the current group CFO and board member of Honk Kong-based private investment fund
Guoco Group, the current majority shareholder of Rank Plc.
Seong Aun has had a 30-year executive career in investment banking, during which time he has specialised in raising working capital for large-scale enterprises and commercial projects across Asia, Europe and the UK.
Alex Thursby, Rank’s chairman, said: “I am pleased to welcome Seong Aun to the Rank board. Seong Aun brings a wealth of financial and commercial experience to the board and will be able to further enhance the good communication established between Rank and its major shareholder.”