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Senior Leadership Changes
Monday, November 06, 2017
The Group announces the retirement of Executive Vice Chairman Alex Chan on August 31, and the addition of Chief Financial Officer Viktor Leendertz from July 1.
Saying Goodbye
Following a tenure of almost six years as Executive Vice Chairman and member of the Group’s Executive Board, Alex Chan has retired.
He took over the role from Heine Askaer-Jensen in late 2011 and has since led the Group’s Central Services Unit and Business Services Unit teams.When the Chief Human Resources Officer (CHRO) position became vacant, Mr Chan took direct charge of the HR leadership for an extended period, until Kelvin Tay came on board. During Mr Chan’s time, the Group made several sizeable merger and acquisition deals and greenfield investments, completed two divestments and embarked on a number of IT enhancements and other corporate projects.
Even after his retirement, Mr Chan will continue to serve the Group as a board director. In addition, for the remainder of 2017, he will be supporting the Executive Board in an advisory capacity and will, subsequently, take on a special advisory function to the Board of Directors during 2018.
With this, from September 1, 2017, the Executive Board will consist of two members — Heinrich Jessen and Per Magnusson.
Between July and August, staff across the region were given the chance to bid a fond farewell to Mr Chan. On behalf of the many people who have worked with and supported him, the Group expresses its appreciation and wishes him a happy and healthy retirement.
A Warm Welcome
The newly created position of Chief Financial Officer has been filled by Viktor Leendertz. While Mr Tay already took over the Group’s CHRO responsibilities from Mr Chan a few months earlier, Mr Leendertz takes on overall responsibilities for the Group’s financial, IT and risk infrastructure, including accounting, treasury, IT, corporate and legal affairs, internal audit and the country Business Services Units.
Prior to joining the Group, Mr Leendertz was Group Chief Financial Officer at DyStar, a Singapore headquartered dye and chemical group with a S$1.35 billion turnover and staff strength of about 2,200 people.
Mr Leendertz is married with two children. He first moved to Singapore in 2001 where he has lived ever since, with the exception of a two-year stint back in his native Germany between 2008 and 2010. The Group is delighted to have him on board.

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