Ideanomics’ Treeletrik Announces the Hire of Volkswagen Veteran, Richard Teoh, as its Chief Financial Officer
Former Director of Group Finance Controlling at Volkswagen Group Malaysia
Over 20 years of financial leadership experience
With his rich background in automotive, manufacturing, and construction industries throughout ASEAN, Mr. Teoh will be instrumental in fueling Treeletrik’s growth
Ideanomics announces that its subsidiary, Tree Technologies, which owns the Treeletrik brand, has hired Richard Teoh as its Chief Financial Officer effective immediately. Mr. Teoh brings to Treeletrik over 20 years of financial control, planning, leadership, and management experience. He was most previously Director of Group Finance Controlling at Volkswagen Group Malaysia and was responsible for the financial oversight of the commercial distribution and manufacturing of vehicles. Prior to that, Mr. Teoh served in a variety of senior finance leadership roles, including at Dominick Hunter, a U.K.-based industrial product manufacturer which was acquired by Parker Hannifin. At Dominick Hunter, he was involved with the integration and transition of financial ERP systems and controls. Mr. Teoh is a Chartered Certified Accountant (FCCA) and Chartered Accountant (MIA).
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“We have ambitious plans for Treeletrik’s growth, and Richard’s financial leadership, combined with his experience in relevant industries such as automotive, manufacturing, and construction, will help the company meet its growth objectives,” said Datuk Viswanathan Menon, Treeletrik CEO. Alf Poor, Ideanomics CEO, added, “We are very pleased to have Richard Teoh join the Treeletrik team as CFO. His experience and industry insight will help us with all aspects of the company’s growth strategy. As the leading EV manufacturer in the ASEAN region, Richard will be assisting us with everything from supply chain development through to the roll out of our battery and charging systems, as well as the development of the land in the port area.”
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