China Yuchai International has announced the appointment of Thomas Khong Fock Phung as its new CFO.

Phung takes over from Kok Ho Leong, who will be relinquishing his position in order to assume the CFO role at Hong Leong Asia, China Yuchai's parent company.

Phung has more than 20 years' experience in both the manufacturing and service sectors. Prior to this appointment, Phung was East Asia Pacific finance director for Alstom Transport (Singapore).

Phung was with Bombardier Transportation group as director controlling Asia Pacific for four years and commercial manager/site controller of joint venture operations in China for three years.

Before that, he was finance director & deputy general manager at Shandong Asia Pacific SSYMB Pulp & Paper, where he was based in Shandong, China for three years.

Phung has also worked at Thales GeoSolutions (Asia Pacific), Glaxo SmithKline Singapore and Baker Oil Tools, a Baker Hughes company.

Phung started his career as a credit authoriser at Bank of America in Singapore.