QAF Limited announced the appointment of Norman Ip as Non-executive, Independent Director Audit & Risk Committee (Chairman). Upon the recommendation of the Nominating Committee, the Board of Directors has approved the appointment of Mr. Norman Ip taking into account, amongst others, the following: - His qualifications as a chartered accountant with over 35 years of experience in auditing, accounting, treasury, investments and taxation. - His experience in senior management/directorship roles in listed companies in various industries in Asia and Australasia. The Board of Directors considers Mr. Ip to be independent.