CBL International Limited announced the resignation of director Mr. Ulf Lothar Naujeck effective February 28, 2026, not due to any disagreement. The Board appointed Mr. Khai Fei Wong as Compensation Committee chairman and Mr. Koon Liang Ong to the Nominating and Corporate Governance Committee, maintaining three independent directors among six total.
Key takeaways
Mr. Ulf Lothar Naujeck resigned from Board effective February 28, 2026
Naujeck ceased as Compensation Committee chairman and Nominating and Corporate Governance Committee member
Mr. Khai Fei Wong appointed Compensation Committee chairman on March 5, 2026
Mr. Koon Liang Ong appointed to Nominating and Corporate Governance Committee on March 5, 2026
Board now has six members including three independent directors