On November 29, 2024, SY Holdings Group Limited ("SY", Stock Code: 6069.HK) announced the appointment of Ms. Wang Ying, Chief Financial Officer, as an Executive Director and the establishment of a Sustainability Committee, with Ms. Wang serving as its Chairperson, effective immediately. Concurrently, Mr. Loo Yau Soon has resigned as Independent Non-Executive Director to dedicate more time to personal commitments.
Ms. Wang Ying joined SY in May 2021 and was appointed CFO in November 2024. She oversees the Group's financial accounting, reporting, and serves on the Risk Management Committee. With extensive expertise in financial management, corporate financing, and governance, Ms. Wang previously held leadership roles including Financial Director, Board Secretary, and Executive Director at major listed companies and financial leasing firms.
SY stated that Ms. Wang has made significant contributions to financial management, capital operations, and business development since joining. "We are pleased to appoint her as Executive Director and Sustainability Committee Chair to lead our strategic initiatives. Her financial acumen and operational experience will fortify SY's sustainable growth," the company noted. SY reaffirmed its commitment to empowering female executives to enhance corporate governance diversity.
As a leading supply chain technology platform with the mission to "make supply chains more efficient and finance more inclusive," SY integrates ESG principles across its operations. Recognized in Forbes China's "Top 10 Fintech ESG Practitioners 2024," SY holds an MSCI ESG Rating of 'A' and ranks in the top 26% of S&P Global ESG scores industry-wide. The new Sustainability Committee will oversee ESG strategy implementation, aiming to release a carbon neutrality roadmap by 2030 and achieve net-zero by 2060, amplifying inclusive finance's role in high-quality economic development.
Mr. Loo Yau Soon, who joined SY as Independent Non-Executive Director in June 2017, brought decades of academic and advisory experience from roles including CEO of Brunei Economic Development Board and APEC Business Advisory Council representative. SY acknowledged his seven-year tenure: "Mr. Loo's independent oversight and expertise were instrumental in SY's platform and technological transformation, safeguarding investor interests." He will continue advising SY's Southeast Asia expansion and cross-border supply chain finance initiatives, supporting the Group's global strategy to empower SMEs and "Made in China" exports.
