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SJM appoints former NagaCorp executive as new CFO

Gaming operator strengthens leadership team with veteran finance executive following CFO transition.

1 min read
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Key Points
SJM Holdings has appointed Tan Sean Czoon as Chief Financial Officer, effective June 29
Tan joins from NagaCorp, where he most recently served as Chief Corporate Development Officer
He succeeds Christopher Ip, who resigned to pursue personal interests

SJM Holdings has named Tan Sean Czoon as its new CFO, marking a key leadership change as the Macau gaming operator continues to strengthen its executive team.

Tan officially assumed the role on June 29, succeeding Christopher Ip, who resigned to pursue other personal interests. SJM said Ip confirmed there were no disagreements with the board or other matters requiring disclosure in connection with his departure. 

Tan joins SJM after nearly 13 years at Hong Kong-listed casino operator NagaCorp, where he held several senior leadership positions. He was appointed CFO in 2018 before being promoted to Chief Corporate Development Officer in 2025, overseeing broader strategic initiatives during his final year with the company.

The finance executive brings more than 25 years of experience spanning corporate finance, strategic management, investment banking, and professional accounting. He holds a Bachelor of Commerce in Accounting and Finance from The University of Queensland and is both a Chartered Accountant Australia and New Zealand member and a Chartered Financial Analyst (CFA) charterholder. 

The appointment comes as NagaCorp recently reported continued resilience in its gaming business despite ongoing weakness in its VIP segment. During the first quarter of 2026, the company posted gross gaming revenue of US$174.7m, up 2.1% year over year, while net gaming revenue increased 7.9% to US$160m.

Growth at NagaCorp was largely driven by its mass-market operations. Public floor table gaming revenue rose 23.9%, while electronic gaming machine revenue increased 8.4%, reflecting higher customer volumes. VIP gaming, however, remained under pressure, with both premium and referral VIP rolling volumes recording significant declines compared with the same period last year.

SJM's board thanked Christopher Ip for his contributions during his tenure and welcomed Tan, expressing confidence that his extensive financial and gaming industry experience will support the company's continued development.

Good to know

Tan spent nearly 13 years at NagaCorp, serving as CFO before being promoted to Chief Corporate Development Officer in 2025

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