Jumbo Group Limited announced that in order to focus on the group's next stage of growth, Mr. Ang Kiam Meng will relinquish his appointment as executive chairman and will be re-designated from executive chairman and CEO to executive director and group CEO. Consequent to Mr. Ang's re-designation, Mr. Tan Cher Liang will be re-designated from lead independent director to independent chairman. Date of the appointment is February 1, 2017.