One Heritage Group PLC announces that Yiu Tak (Peter) Cheung has tendered his resignation as Chief Investment Officer (CIO), effective 30th April 2024. Peter Cheung has decided to step down from his part time role as Chief Investment Officer (CIO) due to personal reasons. After some discussion, the Board of Directors accepts and respects his decision and expresses gratitude for his significant contributions throughout his tenure with the Company.

To ensure a seamless transition and effective management, the Company has recruited a new Head of Investment, who will officially start in post on 15th April 2024. In assuming all duties previously held by Peter Cheung, among others, it should be noted that this position, at this time, will not be a board role. The Head of Investment role is a permanent position and is UK based and represents a critical appointment for the Company as it focuses on new investments and the growth of its development pipeline.

An Interim Head of Finance was appointed in March 2024 to oversee financial operations while the Company undertakes a search for a full time Head of Finance.