British and Malayan Trustees Limited announced cessation of Nigel David Stead Independent Non-Executive Director, Chairman of Audit & Risk Committee and a member of Nominating Committee and Remuneration Committee. Nigel David Stead role is to perform the functions of Independent Non-Executive Director and fulfilling duties and responsibility as the Chairman of Audit & Risk Committee and a member of Nominating Committee and Remuneration Committee. The company announced that there has been a significant increase in overseas travel and time commitment for Mr. Nigel Stead's own company during the past one to two years which means he is less able to commit the necessary time needed in his role as an Independent Director and Chairman of the Audit and Risk Committee and a member of Nominating Committee and Remuneration Committee of BMT. As a result, he has chosen not to offer himself for re-election.