The Board of Target Insurance (Holdings) Limited announced the following changes, all with effect from 9 August 2021 Dr. Cheung Haywood has resigned as an executive Director and Chairman of the Board; Mr. Chan Hok Ching has resigned as an executive Director. Following his resignation, he also ceased to be a member of each of the Remuneration Committee and the Risk Committee, and the Authorised Representative; Mr. Wan Kam To has resigned as an independent non-executive Director. Following his resignation, he ceased to be a member and chairman of the Audit Committee; Mr. Wong Shiu Hoi Peter has resigned as an independent non-executive Director. Following his resignation, he ceased to be a member of each of the Audit Committee and the Nomination Committee, and a member and chairman of each of the Remuneration Committee and the Risk Committee; Mr. Anthony Espina has been appointed as the chairman of the Audit Committee; Mr. Leung Ho Yin Alexander has been appointed as the chairman of the Remuneration Committee and the Risk Committee; and Dr. Wang Jun Sheng has been appointed as a member of the Nomination Committee.