AIMS AMP Capital Industrial REIT announced that subsequent to the resignation of Mr. Norman Ip Ka Cheung on 29 March 2019 in compliance with the Monetary Authority of Singapore's statutory nine-year limit for Independent Directors of a REIT Manager, Mr. Chong Teck Sin, who was appointed as a Non-Executive Independent Director on 1 October 2018, will succeed Mr. Ip as the Chairman of Audit, Risk and Compliance Committee (ARCC) with effect from 29 March 2019.