Xamble Group (ASX:XGL) Announces Leadership Changes and H1 FY2026 Update

Aditi Sarkar

01 October 2026 02:05 PM AEST

Xamble Group (ASX:XGL) Announces Leadership Changes and H1 FY2026 Update

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Highlights

Adrian Tan has moved from interim to permanent Chief Executive Officer.
Georg Johann Chmiel has been appointed Non-Executive Chair, bringing South-East Asian technology experience.
The previous Chair has resigned from the board but remains a substantial Shareholder and Board Advisor.
The announcement also recaps first-half FY2026 operating progress.

Xamble Group Limited (ASX:XGL), headquartered in Singapore, has announced a set of Leadership and board changes. Adrian Tan has been promoted from interim to permanent Chief Executive Officer, effective 1 October 2026. Georg Johann Chmiel has been appointed Non-Executive Chair, while Ganesh Kumar Bangah has resigned as Non-Executive Chair and Director. The announcement also refers to the company's H1 FY2026 update, which outlines Revenue growth and an improving Earnings position. This article explains the changes, the backgrounds of those involved and the operating context the company has described. The announcement frames these items together as part of a broader transition in how the company is led.

Adrian Tan Confirmed as Permanent CEO

Adrian Tan has moved from interim to permanent CEO, with the change effective on 1 October 2026. He is based in Kuala Lumpur, which is consistent with the company's regional footprint in South-East Asia even though its headquarters are in Singapore.

Confirming a permanent chief executive after an interim period can provide clarity to employees, customers and shareholders about the direction of day-to-day leadership. The announcement does not attach any new strategic plan to the appointment, so it should be read as a governance and continuity update. Further detail on priorities may emerge in later company communications. The H1 FY2026 update, discussed below, provides some of the operating context in which Mr Tan takes on the permanent role. Its relevance lies mainly in stability of leadership during a period of board change.

Board Changes and the New Chair

Georg Johann Chmiel has been appointed Non-Executive Chair. He is described as a technology Entrepreneur with South-East Asian experience, and he is Co-Founder and Chairman of Juwai-IQI. His previous roles include Managing Director of iProperty Group and Executive Chair of iCarAsia.

Ganesh Kumar Bangah has resigned as Non-Executive Chair and Director because of a new appointment with MDEC. He remains a substantial shareholder and will transition to a Board Advisor role, which preserves some continuity of experience. Following the changes, the board comprises Mr Chmiel as Chair, with Robert William Sultan and Joanne Khoo Su Nee as Non-Executive Directors. A non-executive chair typically leads the board and oversees governance, while the chief executive manages the operations of the business. The announcement does not describe further board appointments.

H1 FY2026 Operating Update

The announcement recaps the company's H1 FY2026 update. Revenue grew 16% to AUD 3.64 million. The underlying Business EBITDA turned positive in the June quarter, and the net loss narrowed by two-thirds.

EBITDA stands for earnings before interest, tax, Depreciation and amortisation, and it is commonly used to compare operating performance before financing and accounting effects. A positive underlying EBITDA in a single quarter is a milestone, but it describes one period and does not on its own indicate future results. The company has not provided additional forward-looking commitments in this announcement. Readers wishing to understand the drivers behind the improvement should refer to the full half-year materials released by the company.

Key Insights

Xamble's announcement combines a leadership confirmation, a board refresh and a recap of recent operating progress. Adrian Tan is now permanent CEO from 1 October 2026, Georg Johann Chmiel has become Non-Executive Chair, and Ganesh Kumar Bangah has stepped down from the board while remaining a substantial shareholder and Board Advisor. The company's H1 FY2026 update reported revenue growth of 16% to AUD 3.64 million, positive underlying business EBITDA in the June quarter and a net loss that narrowed by two-thirds. The board now consists of Mr Chmiel, Robert William Sultan and Joanne Khoo Su Nee, and further updates will show how the new structure operates.

FAQs

Q: Who is Xamble's new permanent CEO?

A:Adrian Tan has been promoted from interim to permanent Chief Executive Officer, effective 1 October 2026. He is based in Kuala Lumpur, while the company is headquartered in Singapore.

Q: Who is the new Non-Executive Chair?

A:Georg Johann Chmiel has been appointed Non-Executive Chair. He is a technology entrepreneur with South-East Asian experience, and is Co-Founder and Chairman of Juwai-IQI, per the announcement.

Q: Why did Ganesh Kumar Bangah resign?

A:He resigned as Non-Executive Chair and Director because of a new MDEC appointment. He remains a substantial shareholder and is transitioning to a Board Advisor role.

Q: Who is on the board now?

A:The board comprises Georg Johann Chmiel as Chair, with Robert William Sultan and Joanne Khoo Su Nee serving as Non-Executive Directors, following the changes announced.

Q: What did the H1 FY2026 update report?

A:Revenue grew 16% to AUD 3.64 million, underlying business EBITDA turned positive in the June quarter, and the net loss narrowed by two-thirds, according to the company.

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