Leadership
Ryde Group Appoints Chen Chong and Vincent Suen as Independent Directors, Two Board Members Resign
By News Desk ·
Key takeaways
- Chen Chong, a finance associate professor at Central University of Finance and Economics, became chair of Ryde Group's nominations committee and joined the audit committee.
- Vincent Suen, founder and managing director of Cypress Corporate Advisory, became audit committee chair and joined the nominations committee.
- Khoo Su Nee Joanne and Venkata Subramanian s/o Sreenivasan resigned from the board and its committees on November 13, 2026.
Ryde Group appointed Chen Chong and Suen Wai Hin as independent directors on November 13, 2026, with Chen Chong taking the nominations committee chair and Suen Wai Hin taking the audit committee chair. The future of trading reported the appointments, which came as Khoo Su Nee Joanne and Venkata Subramanian s/o Sreenivasan resigned from the board and its committees on the same date.
Chen Chong and Vincent Suen Take Committee Roles
Chen Chong is a finance associate professor at Central University of Finance and Economics. Chen became chair of the nominations committee and also joined the audit committee.
Suen Wai Hin, also named in the announcement as Vincent Suen, is founder and managing director of Cypress Corporate Advisory. Suen became chair of the audit committee and took a seat on the nominations committee.
The two appointments and the two resignations took effect on November 13, 2026. Khoo Su Nee Joanne and Venkata Subramanian s/o Sreenivasan left both the board and its committees on that date.
Ryde Group's Earlier Leadership Changes
Ryde Group appointed Tee Kok Siong as Chief Financial Officer, effective immediately, with responsibility for financial strategy, treasury operations, risk management and data analytics, AInvest reported in July 2026. Lang Chen Fei had tendered resignation as Chief Financial Officer effective July 3, AInvest reported the same month.
According to akta.pro company records, Ryde Group appointed James Tan as Chief Product Officer in May 2026 to lead its machine-learning-powered marketplace matching, driver allocation and rider personalization roadmap over the next 12 months. The same records list Terence Zou as founder and chief executive officer and Nitin Dolli as chief technology officer.
Class Actions Preceded the Board Changes
Robbins LLP informed investors in September 2026 of a class action filed against Ryde Group for securities purchased between March 6 and September 11, 2024, alleging violations of shareholder rights including misrepresentations about the company's vision and financials, the Joplin Globe reported. Pomerantz LLP announced a class action over alleged securities fraud citing a stock collapse from $22.49 to $0.50, with investors having until November 9, 2026, to seek lead plaintiff appointment, FinancialContent Business Page reported.
Wolf Haldenstein Adler Freeman & Herz LLP filed a securities class action in the Southern District of New York alleging a fraudulent social-media pump-and-dump scheme, The future of trading reported. The stock surged from $4.00 to $22.49 before crashing 75% to $5.50 on September 11, 2024, and now trades below $0.70, according to that report.