Victor Group Holdings Limited (VIG) announced that as of July 27, 2015, Mr. Wayne V Reid (Independent Chairman) and Mr. Fred C Kempson (Non-Executive Director) have resigned to pursue other activities. Mr. David P Batten has taken on the role as Independent Chairman of the company. In addition, the company announced the appointment of Mr. Greg C Forrester to its Board as Non-Executive Director as of July 27, 2015.

The company also announced that as of July 27, 2015, Richard L S Hill, the company's Chief Financial Officer and Company Secretary has resigned. Mr. David P Batten has replaced Mr. Richard L S Hill as Company Secretary of the company.Finally, the company welcomed Mr. Xiqiang Jiang, who will take over as Chief Financial Offer of the company from Mr. Richard L S Hill. Greg Forrester is an experienced company director.

Starting out as Floor Manager of the Sydney Futures Exchange, he has been responsible for trading activities and surveillance. Since then, he has moved on to recruitment, funds management and financial markets. Xiqiang Jiang brings to the role of CFO a wealth of international experience in accounting and auditing.

He has worked in the energy sector in China as well as globally in funds management and financially markets.