Public Financial Holdings Limited announced that Mr. Tang Wing Chew has tendered his resignation as an Independent Non-Executive Director of the Company and will cease to be the Chairman of the Audit Committee and a member of the Nomination and Remuneration Committee of the Company with effect from 25 February 2022 and Ms. Cheah Kim Ling has been appointed as an Independent Non-Executive Director, Chairman of the Audit Committee and a member of the Nomination and Remuneration Committee of the Company with effect from 25 February 2022. Ms. Cheah is also a Chartered Accountant of the Malaysian Institute of Accountants. Ms. Cheah was appointed an Independent Non-Executive Director of Public Bank Berhad.

She is currently the Chairperson of the Compliance Committee and the Credit Risk Management Committee and is a member of the Audit Committee, the Nomination and Remuneration Committee and the Risk Management Committee of PBB.