VCIG Appoints Alex Chua as Executive Director and CEO of Singapore Office, Following Redesignation from Independent Director
VCI Global (NASDAQ: VCIG) has announced the appointment of Alex S K Chua as Executive Director and CEO of its Singapore office, effective July 7, 2025. Chua, who previously served as an Independent Director, brings over 30 years of international finance and management experience to the role.
A highly credentialed executive, Chua holds multiple professional certifications including FCCA, CIA, and FCA Singapore. He currently serves on the boards of several SGX-listed companies and is the founder of Lighthouse Business Consulting. The appointment aligns with VCIG's strategic expansion plans in Singapore and Southeast Asia, where Chua will oversee operations and lead regional growth initiatives.
VCI Global (NASDAQ: VCIG) ha annunciato la nomina di Alex S K Chua come Direttore Esecutivo e CEO della sua sede di Singapore, con effetto dal 7 luglio 2025. Chua, che in precedenza era stato Direttore Indipendente, porta con s茅 oltre 30 anni di esperienza internazionale in finanza e gestione.
Dirigente di grande prestigio, Chua possiede diverse certificazioni professionali tra cui FCCA, CIA e FCA Singapore. Attualmente siede nei consigli di amministrazione di varie societ脿 quotate alla SGX ed 猫 fondatore di Lighthouse Business Consulting. Questa nomina 猫 in linea con i piani strategici di espansione di VCIG a Singapore e nel Sud-est asiatico, dove Chua supervisioner脿 le operazioni e guider脿 le iniziative di crescita regionale.
VCI Global (NASDAQ: VCIG) ha anunciado el nombramiento de Alex S K Chua como Director Ejecutivo y CEO de su oficina en Singapur, con efecto a partir del 7 de julio de 2025. Chua, quien anteriormente se desempe帽贸 como Director Independiente, aporta m谩s de 30 a帽os de experiencia internacional en finanzas y gesti贸n al cargo.
Ejecutivo altamente cualificado, Chua cuenta con m煤ltiples certificaciones profesionales, incluyendo FCCA, CIA y FCA Singapur. Actualmente forma parte de los consejos de varias compa帽铆as listadas en SGX y es fundador de Lighthouse Business Consulting. Este nombramiento est谩 alineado con los planes estrat茅gicos de expansi贸n de VCIG en Singapur y el sudeste asi谩tico, donde Chua supervisar谩 las operaciones y liderar谩 las iniciativas de crecimiento regional.
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VCI Global (NASDAQ : VCIG) a annonc茅 la nomination de Alex S K Chua en tant que Directeur Ex茅cutif et CEO de son bureau de Singapour, 脿 compter du 7 juillet 2025. Chua, qui occupait auparavant le poste d鈥檃dministrateur ind茅pendant, apporte plus de 30 ans d鈥檈xp茅rience internationale en finance et en gestion.
Cadre hautement qualifi茅, Chua d茅tient plusieurs certifications professionnelles, notamment FCCA, CIA et FCA Singapour. Il si猫ge actuellement aux conseils d鈥檃dministration de plusieurs soci茅t茅s cot茅es 脿 la SGX et est le fondateur de Lighthouse Business Consulting. Cette nomination s鈥檌nscrit dans la strat茅gie d鈥檈xpansion de VCIG 脿 Singapour et en Asie du Sud-Est, o霉 Chua supervisera les op茅rations et dirigera les initiatives de croissance r茅gionale.
VCI Global (NASDAQ: VCIG) hat die Ernennung von Alex S K Chua zum Gesch盲ftsf眉hrenden Direktor und CEO seines B眉ros in Singapur mit Wirkung zum 7. Juli 2025 bekannt gegeben. Chua, der zuvor als unabh盲ngiges Vorstandsmitglied t盲tig war, bringt 眉ber 30 Jahre internationale Erfahrung in Finanzen und Management mit.
Als hochqualifizierter Manager verf眉gt Chua 眉ber mehrere berufliche Zertifizierungen, darunter FCCA, CIA und FCA Singapur. Derzeit sitzt er in den Aufsichtsr盲ten mehrerer an der SGX gelisteter Unternehmen und ist Gr眉nder von Lighthouse Business Consulting. Die Ernennung steht im Einklang mit den strategischen Expansionspl盲nen von VCIG in Singapur und S眉dostasien, wo Chua die Gesch盲fte 眉berwachen und regionale Wachstumsinitiativen leiten wird.
- Appointment of highly experienced executive with 30+ years of international finance experience
- Strategic strengthening of Singapore leadership to support regional expansion
- New CEO brings extensive board experience and professional credentials
- Demonstrates commitment to growth in Southeast Asian market
- Loss of independent director role may affect board composition
- Potential learning curve as executive transitions from independent to operational role
Leadership Strengthening Advances VCIG鈥檚 Singapore Expansion Strategy
KUALA LUMPUR, Malaysia, July 07, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (鈥淰CI Global鈥� or the 鈥淐ompany鈥�), a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, is pleased to announce the appointment of Mr. Alex S K Chua as Executive Director of VCIG and Chief Executive Officer of VCIG Singapore Office, effective July 7, 2025.
Mr. Chua has resigned from his role as Independent Director and has been redesignated as Executive Director of VCIG and CEO of VCIG鈥檚 Singapore office. This appointment represents a key step in strengthening VCIG鈥檚 leadership team and accelerating the company鈥檚 ongoing growth strategy in Singapore and the broader Southeast Asian region. Mr. Chua will oversee the Singapore operations and lead efforts to deepen the Company鈥檚 regional presence and partnerships.
Mr. Chua is a distinguished corporate finance executive and consultant with over 30 years of international finance and management experience. His career spans key global markets, including London, Beijing, Ho Chi Minh City, and Singapore, where he has held significant leadership roles. He currently serves as an Independent Non-Executive Director on the boards of three SGX-listed companies, and as a Non-Independent Non-Executive Director of another SGX-listed company, following his recent cessation as its Chief Financial Officer. Mr. Chua is also the Director of Lighthouse Business Consulting Pte. Ltd., a boutique business consulting firm he founded in 2017.
His professional credentials include Fellow Chartered Certified Accountant (FCCA), Certified Internal Auditor (CIA), Fellow Chartered Accountant of Singapore (FCA Singapore), Chartered Valuer and Appraiser (CVA), and Senior Accredited Director (SID-SRAD) with the Singapore Institute of Directors. He also holds a Master of Business Administration (MBA) and a Diploma of Imperial College (DIC) in Management from Imperial College London Business School, University of London. Mr. Chua is currently attending an AI and Business Technologies Programme at Nanyang Technological University, Singapore.
鈥淲e鈥檙e proud to have Alex take on a broader leadership role at this important stage of our expansion. His proven expertise and leadership will be critical in driving our growth and strengthening our footprint in Singapore and across Southeast Asia,鈥� said Dato鈥� Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
About VCI Global Limited
VCI Global is a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy. With a strong presence in Asia, Europe, and the United States, VCI Global is committed to driving technological innovation, sustainable growth, and financial excellence across multiple industries.
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This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company鈥檚 ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words 鈥渋ntends,鈥� 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥減lans,鈥� 鈥渆xpects,鈥� 鈥渁nticipates,鈥� 鈥減rojects,鈥� 鈥減redicts,鈥� 鈥渆stimates,鈥� 鈥渁ims,鈥� 鈥渂elieves,鈥� 鈥渉opes,鈥� 鈥減otential鈥� or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company鈥檚 ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company鈥檚 products and the Company鈥檚 customers鈥� economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company鈥檚 filings with the United States Securities and Exchange Commission (鈥淪EC鈥�). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
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