Silver Heritage receives new money man, director steps down

Silver Heritage Group is in the process of mixing things up at the executive level. The Australian-listed casino operator has announced that it will soon have a new chief financial officer (CFO) to replace the outgoing Basil Jong and that a member of its board has stepped down, only to already be replaced.

As of November 5, Ben Watiwat will be the company’s new CFO, according to a filing the company presented to the Australian Securities Exchange. Jong is leaving “by mutual agreement with the board,” but will stay on for at least three months “to ensure an effective handover.”

Watiwat was previously with SafetyCulture Pty Ltd., a software company out of Australia, where he was the head of finance, as well as the company secretary. He is a certified accountant with a long history of involvement in corporate finance, technology and accounting.

According to Silver Heritage non-executive chairman James Spenceley, “Having worked with Ben for a number of years … I’m delighted he has accepted this role. Ben has significant experience and skills in capital management, compliance, risk, tax and reporting. Ben will be a significant asset for the business going forward.”