99 Loyalty Limited announced the following appointments and changes to the executive. The company confirmed Mr. Scott Sheng, the current COO of 99 Loyalty has been appointed the Chief Executive Officer (CEO) to replace Mr. Henry Chen. Mr. Sheng joined the management team when the Company was established and has worked with the Company for more than 14 years. During this period, Mr. Sheng has led the sales and operation team enabling it to
achieve significant development of the businesses. Mr. Sheng's effective appointment date as CEO is 27th January 2022. Mr. Sheng has more than 15 years of professional experience in the financial and insurance business and strategic management. He has a strong ability in business development and management.