Macau casino operator SJM Holdings Ltd. has appointed Ip Shih Ming as the new chief financial officer (CFO), with effect from 6 December 2023.
At the same time, the current CFO and chief operating officer (COO) of SJM Holdings, Toh Hup Hock has been appointed as the of SJM Resorts’s new CFO.
SJM Resorts is an entity holding a current Macau gaming concession.
According to the Tuesday filing, the change of the CFO was a result of a ‘management reorganization’.
The new CFO of SJM Holdings Ip Shih Ming has ‘extensive experience in the businesses of investments, real estate transactions and corporate finance’.
Prior to joining the SJM, he was an executive director and CFO of The Hongkong and Shanghai Hotels, Limited from January 2021 to March 2023. He had held senior management positions in the Jardine Matheson Group previously, Morgan Stanley and Deutsche Bank respectively.