The board of directors of Public Financial Holdings Limited announced the appointment of Mr. Tang Wing Chew, an Independent Non-executive Director of the company and a current member of the Audit Committee of the company, has been appointed the Chairman of the Audit Committee of the company with effect from May 29, 2015; and Mr. Lai Wan, an Independent Non-executive Director of the company and a current member of the Remuneration Committee and Nomination Committee of the company, has been appointed the Chairman of the Remuneration Committee and Nomination Committee of the company with effect from May 29, 2015.