Asia Financial Holdings Limited announced with deepest sorrow that Dr. CHAN Yau Hing Robin, the Chairman and an executive director of the Company, passed away on 18 April 2022. The Board has appointed Mr. CHAN Bernard Charnwut ("Mr. Chan") as the new Chairman of the Company with effect from 20 April 2022 and he will concurrently acting as the President of the Company. Mr. CHAN Bernard Charnwut (former name: CHAN Chi Sze Bernard), G.B.M., G.B.S., J.P., is an executive director and the President of the Company and serves as a member of the remuneration committee, the nomination committee, the compliance committee and the risk committee of the Company.

Mr. Chan is also an executive director and the Chairman of Asia Insurance Company, Limited and the Chairman of AFH Charitable Foundation Limited. Mr. Chan has been working for the Group for 32 years. He graduated from Pomona College in California, U.S.A. In addition to directorships in other subsidiaries of the Company, Mr. Chan is an independent non-executive director of Yau Lee Holdings Limited, Chen Hsong Holdings Limited, China Resources Beer (Holdings) Company Limited and Cathay Pacific Airways Limited, all of which are listed on The Stock Exchange of Hong Kong Limited.

Mr. Chan is also a director of Bumrungrad Hospital Public Company Limited which is a company listed in Thailand. Mr. Chan is currently a director of PICC Life Insurance Company Limited, a director of Claremont Capital Holdings Ltd.