Praemium Limited announced the appointment of Michael Ohanessian as Chief Executive Officer, effective May 15, 2017. The services of Praemium's acting CEO, Robert De Luca, were concluded on May 15, 2017. The appointment of Mr. Ohanessian has been made under an interim agreement, reflecting his previous commercial terms as Praemium CEO, except for the reduction in the notice period to 30 days.