Risecomm Group Holdings Limited announced re-designation of Lau Wai Leung, Alfred from a non-executive director to an executive director of the company with effect from 21 January 2019. Mr. Lau was appointed as a non-executive director of the company on 22 November 2017. Mr. Lau has over 15 years of working experience in accounting, corporate finance, debt restructuring and private equity investment. Mr. Lau will enter into a new service contract with the Company as executive director for an initial term of one year renewable automatically for successive term of one year each commencing from the next day after the expiry of the then current term of his appointment, unless terminated either by Mr. Lau or the Company by serving three months' notice in writing.