CIBT Education Group Inc. announced appointments to its executive team. Mr. Victor Tesan, currently President of Sprott Shaw College, is appointed Chief Operating Officer and President of Education Services of CIBT Education Group Inc. Mr. Tesan will oversee all the education-related businesses in Canada, totalling 20 campus locations of Sprott Shaw College, Sprott Shaw Language College and Vancouver International College in the Metro Vancouver and Metro Toronto areas. Mr. Hilbert Ng, currently the Senior Vice President of Corporate Finance, takes over as the Chief Financial Officer of CIBT Education Group Inc., and the President of Global Education City Holdings Inc. Mr. Ng's expanded duties will include the management of education real-estate business under the GEC® brand.

There are currently ten GEC® projects in operation, under-construction, or undergoing the rezoning process. The total asset value and development budget of these projects exceeds $1 billion. Mr. Dennis Huang, currently the Chief Financial Officer of CIBT Education Group Inc., will become the Chief Accounting Officer of the group.

This change in positions will allow Mr. Huang to focus on the accounting functions of entire group of companies, which grew over 110% in five years.