Nippecraft Limited announced that Mr. Raja Hayat was appointed as the Interim Chief Executive Officer and Executive Director of the company on 1 January 2021 where he oversaw the Group's business. The Nominating Committee had, after considering his contributions to the Group, his track record, capabilities, skills and working knowledge, recommended Mr. Raja Hayat be appointed as Chief Executive Officer of the Company. Mr. Raja Hayat continues as Executive Director of the Company.

The Board approved Raja Hayat's appointment as the Chief Executive Officer of the company. Mr. Raja Hayat has acted as the Interim Chief Executive Officer of the Company from January 2021 till February 2022.