The board of directors of Computer And Technologies Holdings Limited announced that Mr. Cheung Wai Lam has been re-designated from an executive director and the chief executive officer of the Group to an executive Director effective 1 January 2020. He will remain as a member of the Risk Management Committee of the company and act as a director in various subsidiaries of the Company. Mr. Cheung, aged 56, the CEO, is in charge of the overall business operation of the Group and a member of the Risk Management Committee of the Company.

Mr. Cheung has over 30 years of experience in IT and consulting business ranging from software development to enterprise solutions implementation and was one of the founders of Y&A Professional Services Ltd. (the "Y&A").