DFNN, Inc. at its board meeting held on June 2, 2023 approved the change in designation and appointment of Mr. Ricardo F. Banaag as the new President & Chief Executive Officer and Director, effective immediately. The Board also approved the designation of current President & Chief Executive Officer Calvin Lim as Executive Director effective 2 June 2023. Furthermore, the Board appointed Mr. Donald Limcaco as the Chief Information Officer and Chief Operating Officer of several DFNN operating subsidiaries, and Jacob Edel as Vice President for Marketing, both effective from 2 June 2023.