YGL chief financial officer quits

September 02, 2008 09:17:45 AM

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The chief financial officer of Yaqara Group Limited, Thomasina Ah Ben has resigned, it has been confirmed.

Ah Ben’s resignation was made effective on August 31 this year.

YGL managing director Lyndon Driscoll said Ah Ben, who was also the company secretary, would be pursuing her professional career in accounting.

He said Ah Ben had provided an exemplary level of personal and professional service in her role as both company secretary and chief financial officer.

“…She has made a significant contribution to the company over a number of years for which the company expresses its great appreciation,” Driscoll reported to the South Pacific Stock Exchange (SPSE).

“The company will advise the market of new appointments as soon as they are made,” he said.

Driscoll said he would perform the company secretary’s function in the interim.

This is the second resignation from YGL last week, particularly after the company’s announcement of its intention to delist from the SPSE early last month.

Barma Nand, YGL’s Fiji resident director resigned last Friday as a government appointee.

Driscoll said Mesake Mara, general manager of the Native Land Trust Board replaces Nand as his alternate until such time the Ministry of Lands and Survey appoints a permanent replacement.

Meanwhile, YGL’s trading on the stock market remains suspended.