The Board of Directors of Informatics Education Ltd. announced Mr. Loi Hai Poh has resigned as Chief Executive Officer/Executive Director of the Company with effect from October 20, 2014. Following the resignation of Mr. Loi as Chief Executive Officer/Executive Director, Ms. Yau Su Peng has been re-designated from Non-Executive Director to Executive Director with effect from October 20, 2014. Ms. Yau will oversee the management team.

Dr. Ling Poon Teck has been appointed as Chief Operating Officer of the Company with effect from January 2, 2015. Dr. Ling holds a Ph.D in Computer Integrated Manufacturing from the University of Manchester Institute of Science & Technology (UMIS), United Kingdom. Following Mr. Loi's resignation as Chief Executive Officer/Executive Director, Loi has stepped down as member of the Banking Committee.

Following Ms. Yau's re-designation to Executive Director, she has stepped down as a member of the Audit and Risk Management Committee, Remuneration and Strategic Human Resource Committee and Nominating Committee. Ms. Mae Ho Seok Khen has been appointed as a member of the following Board committees:- Audit and Risk Management Committee; Remuneration and Strategic Human Resources Committee; Nominating Committee; Banking Committee.