The board of directors of Asia Financial Holdings Limited announced that Mr. CHAN Bernard Charnwut, being an Executive Director, President and a member of the Compliance Committee, the Remuneration Committee, the Nomination Committee and the Risk Committee of the Company, has been appointed as an additional member of the Audit Committee of the Company with effect from 1st January 2020 and Mr. WONG Kok Ho, being an Executive Director of the Company, has been appointed as an additional member of the respective Board Committees including the Audit Committee, the Remuneration Committee, the Nomination Committee and the Risk Committee of the Company with effect from 1st January 2020.