The Board of CFOAM Limited advises that Flemming Bjoernslev has resigned as a Director of the Company and Nicholas Ong has been appointed as a non-executive Director, effective immediately. Ong spent seven years as a Principal Advisor at the ASX overseeing listings of over a hundred public companies. He has since worked as a company secretary and director to listed companies and has developed a wide network of private client advisers, high net worth individuals and sovereign fund managers.