Industrial & Infrastructure Fund Investment Corporation announced that the resolution of Mitsubishi Corp. and UBS Realty Inc., the asset manager of IIF, made at its board of directors meeting held on 23 March 2017, regarding the appointment of new director following resignation of director Katsuji Okamoto. The effective date is March 31, 2017, which will be proposed at the extraordinary meeting of shareholders scheduled to be held on March 31, 2017. The company will appoint Katsuhisa Sakai as a Director. The effective date is April 01, 2017.