C.P. Pokphand Co. Ltd. announced that Mr. Cheng Yuk Wo has been appointed as an independent non-executive director of the company and as a member and Chairman of the Audit Committee and a member of the Corporate Governance Committee of the company effective from January 1, 2020; and Mr. Ma Andrew Chiu Cheung, who is an independent non-executive director of the Company, has resigned as Chairman but will remain as a member of the Audit Committee of the company effective from January 1, 2020. Mr. Ma will also continue to be a member of each of the Remuneration Committee, Nomination Committee and Corporate Governance Committee of the company. Mr. Cheng, aged 59, obtained a Bachelor of Arts (Honours) degree in Accounting from University of Kent, the United Kingdom in 1983 and a Master of Science (Economics) degree, majoring in Accounting and Finance, from London School of Economics and Political Science, the United Kingdom in 1984. He is a Fellow of the Institute of Chartered Accountants in England and Wales and the Hong Kong Institute of Certified Public Accountants, and a member of the Institute of Chartered Professional Accountants of Canada. Mr. Cheng has over 20 years of expertise in accounting, finance and corporate advisory services. Mr. Cheng is currently also an independent non-executive director of Chia Tai Enterprises International Limited, CSI Properties Limited, Chong Hing Bank Limited, HKC (Holdings) Limited, Goldbond Group Holdings Limited, CPMC Holdings Limited, Liu Chong Hing Investment Limited, Top Spring International Holdings Limited, DTXS Silk Road Investment Holdings Company Limited, Kidsland International Holdings Limited, Miricor Enterprises Holdings Limited and Somerley Capital Holdings Limited (a company listed on the GEM Board of the Stock Exchange). Mr. Cheng was previously also an independent non-executive director of C.P. Lotus Corporation, which was listed on the Main Board of the Stock Exchange until its withdrawal from listing effective on 29 October 2019.