Hifood Group Holdings Co., Limited announced that with effect from March 1, 2022, Chau Chi Lai has resigned from the position of chief financial officer. The Board announced that Mr. Wong Tang Thomas has been appointed as the Chief Financial Officer with effect from March 1, 2022. Mr. Wong, aged 48, has outstanding education background, professional qualifications and over 20 years of experience in the banking and financial industries focus in finance, risk management and control.

He has experience in governing the Listing Rules compliance matters and handling corporate finance projects according to the Listing Rules, the Hong Kong Code on Takeovers and Mergers, and the Securities and Futures Ordinance. Prior to joining the Company, Mr. Wong was the CFO and CRO of Encap (Global) Asset Management Limited between January 2018 and December 2021, responsible for the finance and control functions. Between November 2015 and September 2017, Mr. Wong was the director in business risk management of Union Bancaire Privée, UBP SA -- Hong Kong Branch (formerly known as Coutts & Co Ltd), responsible for the overall management of the North Asia front office.

From May 2005 to November 2015, Mr. Wong worked in DBS Bank (Hong Kong) Limited with his last position as the senior vice president in the risk management group, where he was responsible for overseeing operational risk control and management of all business and support departments.