Sands China CFO to Exit Next Spring

Sands China CFO and Executive Vice President Ben Toh Hup Hock has announced that he will step down in April. He plans to pursue “other business interests.”

Ben Toh Hup Hock, chief financial officer and executive vice president for Sands China, will leave the company on April 15, 2016.

Toh has worked for Sands China in Macao for eight years and served as Senior Vice President for Finance until 2009, when he was appointed to his present job. He will pursue other business interests, according to a statement reviewed by Dow Jones Business News.

According to the note, “Mr. Toh has confirmed that he has no disagreement with the board, and there are no matters that need to be brought to the attention of the shareholders of the company in respect of his resignation.”

Sands China operates four casino in Macao, including the Venetian.

The company will now begin searching for a replacement.

Last month the company announced the hiring of Wilfred Wong Ying Wai as president and chief operating officer, effective November 1. Wong is a former advisor to the Beijing government and formerly a member of the National People’s Congress.

Sands Chairman Sheldon Adelson issued a statement shortly after the announcement stating, “Wilfred has a unique combination of private and public sector experience we think will be invaluable to the company at this point in our history.”