Parkson Retail Group Limited announced that Mr. Chong Sui Hiong has been re-designated from his position as Interim Chief Executive Officer to the Chief Executive Officer of the group with effect from May 16, 2014. Mr. Chong, aged 47, is the Director of Merchandising Department and Chief Operating Officer of Southern Region. Mr. Chong has extensive experience in retail operation.

He has 20 years of experience in the retail industry and more than 18 years of experience working in the PRC retail market. He joined the group in 1994. The board announced that, Mr. Au Chen Sum has been re-designated from his position as Acting Chief Financial Officer to the Chief Financial Officer of the group with effect from May 16, 2014.

As the Chief Financial Officer, Mr. Au will continue to head the Finance Department and assume full responsibility for the financial and treasury functions of the group.