Healthway Medical Corporation Limited announced that the Nominating Committee and the Board of Directors, having reviewed the qualifications, experience and suitability of Mr. Sheth Sachin Sudhirbhai ("Mr Sheth"), is satisfied that Mr. Sheth possesses the requisite qualifications and work experience for the position of Chief Financial Officer. On the recommendation by the Nominating Committee, the Board approved the appointment of Mr. Sheth as Chief Financial Officer. Mr. Sheth Sachin Sudhirbhai is responsible for the Group's overall finance, compliance, corporate governance and accounting functions. From November 2015 to December 2016 - he worked as Chief Financial Officer of Adcorp Holdings (Singapore) Pte. Ltd. The date of appointment is June 09, 2017.