Chan Ying Jian, who is both chief financial officer (CFO) and chief investment officer (CIO) of BreadTalk Group, has resigned.

He will leave BreadTalk on March 15, 2020.

The Group Executive Chairman, George Quek will oversee the group’s accounting, financial, treasury and tax matters, assisted by the Group Financial Controller and the Division Financial Controller.

Chan had been promoted to CIO on October 2019, and had served as CFO since June 2015.

Chan is leaving to pursue other career opportunities.

The 37-year-old's departure comes two weeks after the group announced that they expected a net loss for Fiscal Year 2019.

According to BreadTalk, the "social unrest" in Hong Kong is expected to negatively impact their Food Atrium and Bakery businesses.

The group stated that they will be "monitoring the situation closely and will mitigate its impact as much as possible".

This follows a less than stellar 2019, with their Q2 net profit seeing a 57.9 per cent drop, and an 81 per cent drop on their Q3 net profit.

This news follows the departure of then group CEO, Henry Chu, who left the company in Dec. 31, 2019 for "personal and health reasons".

According to Business Times, Chu's resignation then came two weeks after BreadTalk reported a "plunge in its second-quarter net profit amid mounting costs".

Upon Chu's resignation, the role and responsibilities of the Group CEO were undertaken by the Group Executive Chairman, Quek.

Image from BreadTalk Facebook