M.C.S. Steel Public Company Limited announced resignation of Dr. Naiyuan Chi from Chief Executive Officer effective on August 31, 2022 onwards. And at present Dr.Naiyuan Chi is still as Chairman of Board Director. Since September 2022 after resignation of Dr.Naiyuan Chi from Chief Executive Officer, the company will eliminate position of Chief Executive Officer, Instead management by Managing director together with three other deputy managing directors as a new management approach.