Eumundi Group Ltd. announced the appointment of Ms Suzanne Jacobi-Lee as Chief Executive Officer effective immediately. Ms Jacobi-Lee has been Chief Financial Officer of the company for over 7 years and during that time has developed an intimate knowledge and understanding of the operations and assets of Eumundi. Her performance in the role as CFO has been exemplary and upon the resignation of the previous CEO in May 2012, she assumed the responsibilities of both the CEO and CFO roles.

Her performance in this capacity has been excellent and she has amply demonstrated her capacity to undertake the duties of a CEO during the past year. The Board is also announced the appointment of Ms Rhianna Mikkelsen as Chief Financial Office of Eumundi commencing on June 24, 2013.