The board of directors of NWS Holdings Limited announced the appointment of Mrs. Oei Fung Wai Chi, Grace as an independent non-executive director of the company and a member of the Corporate Social Responsibility Committee of the company both with effect from 1 January 2016. Ms. Fung, aged 63, is currently the Chairperson of Ronald McDonald House Charities in Hong Kong since September 2008 and she has been elected to the global board of trustees of Ronald McDonald House Charities in Chicago since 1 January 2015. Ms. Fung had worked in investment banking and wholesale banking for 36 years.

She was the Vice Chairman, Corporate & Institutional Clients, at Standard Chartered Bank, Hong Kong when she retired from the bank in November 2014. Before joining Standard Chartered Bank in 2002, she had worked with UBS for nine years including service as Managing Director responsible for corporate finance and fixed income.