DFI Retail Group Holdings Limited announced the appointment of Tom van der Lee as Group Chief Financial Officer of the Company, with effect from 1 October 2024, succeeding Clem Constantine, who is retiring. Tom joined DFI in January 2016 and has held a range of senior financial roles within the organisation over the past eight years, including Finance Director, Singapore, Finance Director for South East Asia, and DFI Group - Finance Director. Tom brings over 20 years of experience in Asia, and his extensive regional experience provides him with a unique perspective and deep understanding of the diverse markets in which DFI operates.

Prior to joining DFI, Tom worked for FrieslandCampina. Clem Constantine joined DFI in 2018 as Group Property Director, and in 2019, he also took on the role of Group Chief Financial Officer. Clem has been instrumental in shaping the financial and strategic landscape of the organisation, overseeing improvements in financial performance and playing a pivotal role in defining and executing DFI's long-term strategic initiatives, driving sustained growth and value creation.

Clem will retire from his role as Group Chief Financial Officer on 1 October 2024 but will continue to support the company in an advisory capacity until 31 March 2025, ensuring a smooth transition and continuity of leadership. Tom van der Lee has held a directorship in the following listed company in the past five years: PT Hero Supermarket Tbk.