Banyan Tree Holdings Limited announced that Tan Chian Khong ('Mr. Tan') is currently an Independent Director and Chairman of the Audit and Risk Committee of the Company. The Board of Directors has accepted the recommendation of the Nominating Committee of Banyan Tree Holdings Limited ("BTH") that reviewed the professional qualifications and experience of Mr. Tan and approved the re-designation of Mr. Tan as the Lead Independent Director and appointment as a member of Nominating Committee of BTH with effect from 31 December 2021. Mr. Tan joined Ernst & Young ("EY") in 1981. He became a EY partner in 1996 and retired in 2016.