Y Ventures Group Ltd. announced that after reviewing the recommendation of the Nominating Committee, the Board of Directors of the Company approved the re-designation of Mr. Low Yik Sen as Executive Chairman and Director of the Company with effect from 8 August 2022. Mr. Adam Low had abstained from the deliberations and decision of his re-designation. Executive.

Mr. Adam Low is responsible for the Group's strategic direction and growth. He also oversees the Solutions Division. Other key areas include focusing on e-Commerce, Training Solutions, and the Logistics Division of the Group.

Mr. Adam Low, one of the co-founders of the Group, was appointed to the Board on 2 January 2013 and became the Executive Chairman and Managing Director of the Company on 29 May 2017. He was re-designated as Managing Director of the Company on 1 March 2019.