Raffles Medical Group CFO Woo Yeng Yeng to Step Down at End of 2026
Published
Raffles Medical Group Ltd has announced that its chief financial officer (CFO), Woo Yeng Yeng, will step down from the role. The change will take effect on 31 December 2026.
Raffles Medical is one of the best-known private healthcare providers in Singapore. The group runs clinics and medical centres in the city and also operates in other countries. The CFO is responsible for managing the company's finances, including its financial reporting, budgets and planning. Because of this, the announcement is of interest to investors and to people who follow the healthcare sector in Singapore.
The company has not given a detailed reason for the decision in the short announcement. It has also not yet said who will take over the role. Readers who want more information can check the company's official announcements to the Singapore Exchange, where listed companies must share important news with the public.
The announcement gives the company time to plan the handover before the end of next year. Changes in senior management are common in large companies, and they are often announced months in advance so that investors and staff have time to adjust. More details about the successor and the transition process are expected in the coming months.
Sources: Singapore Business Review
More Singapore news
- Singapore Needs More Tech Companies to Grow Its Stock Market, HSBC Strategist Says
- Singapore Tech Shares Rebound After Last Week's Sell-Off
- Databricks Plans to Double Its Singapore Team to 500 Staff
- Visa Sets Up Six Technology Hubs in New Singapore Centre
- US Congress Faces Possible Impeachment Fight Over Defence Secretary Pete Hegseth
- Giving Former Politicians Room to Return to Normal Life in Singapore
- Singapore Cloud Firm Megaspeed Faces Renewed US Scrutiny
- Iran Calls for Stronger Economic and Trade Ties with Singapore