Allied Electronics Corporation Limited (Altron) announced that Mr. Tim Jacobs has resigned as acting Chief Financial Officer (CFO) of Altron to assume a permanent CFO role at a multinational group, as from 19 October 2018. Mr. Andrew Holden, the current Chief Operating Officer (COO) of Altron will assume the joint role of COO and acting CFO on 19 October 2018. Mr. Holden has extensive experience in the ICT sector, having been with the Altron group for the past 24 years.