Wangton Capital Corp. has appointed Moe Dilon as President and CEO. Zahir (Zip) Dhanani will resign as the current CEO, however he will remain as the Chairman of the company.

Mr. Dilon began his career as a commodities trader for a Wall Street firm in the 1970, managing its Asian operations out of Singapore. In 1984, he returned to Asia to start an edible oil trading company based out of Hong Kong that after 18 months posted sales of $100 million (U.S.) per year.