Chinese lottery technology supplier China Vanguard Group (CVG) has appointed Chow Chun Hong Ernest as its new group regional chief financial officer following the departure of Lo Kam Fan.

Lo resigned as CFO and company secretary earlier this week to pursue his “career development” elsewhere. He has been replaced with immediate effect by Chow, a former CFO and company secretary of CVG.

Chow has served in various accounting and financial management roles in Hong Kong, China and Southeast Asia for more than two decades.

CVG said that te has extensive knowledge and experience in accounting, financial management, taxation, auditing and financial control relating to Hong Kong and China business.

Prior to joining the company, he worked for the IT operating business of Jardine Matheson Group for sixteen years. He held senior financial controller positions of several business operations during the period, including company director and regional financial controller in China.

Chow is a fellow member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants, and an associate member of the Institute of Chartered Accountants in England and Wales.

“The board would like to express its gratitude to Mr. Lo for his contribution to the company in the past and wish him all the best in the future and welcomes Mr. Chow to the company,” said CVG in a statement.