IOT Group Limited announced the appointment of Mr. Robert C. Smith as Chairman of the company. The current Chairman Mr. Scott Brown to Mr. Smith is a natural outgrowth of that. Mr. Smith currently serves as President of ICV, an innovative company that connects hard-to-reach Family Offices and leading Fund Investors to evaluate opportunities that create a social impact beyond a financial return; Business Strategy Advisor to New Frontier Bio, which leverages the long-term involvement of the Kennedy family in health care; Member of the President's Advisory Board of Thomas Jefferson University and Jefferson Health; Senior Advisor for Fundraising and Partnerships to the Permanent Secretariat of the World Summit of Nobel Peace Laureates. Mr. Brown will retire from the Board with immediate effect.