Regencell Bioscience Holdings Limited appointed Mr. James Wai Hong Chung as the Chief Operating Officer (the "COO") of the Company, effective immediately. Mr. Chung currently is the Chief Strategy Officer of the company. Mr. Chung currently is the company's Chief Strategy Officer. He has joined Regencell Bioscience Limited, a wholly owned subsidiary of the company, as senior vice president since July 2015. Prior to that, he worked at Sungard Financial Systems, providing front to back trading and risk management software solutions for banks.