XS Financial Inc. announced that Justin Vuong has been named Chief Financial Officer (CFO) effective June 1, 2023. Mr. Vuong succeeds XS Financials' current CFO Stephen Christoffersen, who will remain active as a member of the Company's Board of Directors, Investment Committee, and has been appointed as Audit Chair. Mr. Vuong has served as Senior Vice President of Corporate Development of XS Financial since 2018 and has been instrumental in the overall growth of XS Financial since its inception.

In his previous role, Mr. Vuong played a critical role in driving improved financial performance and developing XSF's financial strategy, capital raising, and budgeting process. He brings over ten years of finance and capital markets experience and held previous investment banking roles at Roth Capital Partners and Mufson Howe Hunter & Co.David Kivitz, CEO commented: "This is a well-deserved promotion for one of its longest-tenured team members. Justin knows the business inside and out and has been a steady hand throughout the Company's history.