Last checked at 1 Apr 2015 07:00
AEC Education Plc("AEC" or the "Company")
Board and Committee Changes
AEC announces that Mr David Ho, has advised the Board of his intention to resign as a member of the Board as well as Chief Executive Officer of the Company with immediate effect. The Board has accepted his resignation and also recorded its appreciation of his valued contribution to the Group since formation.
At the same meeting the Board also made the following appointments to be effective from 1st of April, 2015:
1. Mr Haider Sithawalla, an existing Board Member, as the new Chief Executive Officer;
2. Mr Sabin Joshi, an existing Board Member, as Chief Operating Officer;
3. Mr Jayapal Ramasamy, an existing Board Member, as Executive Director of the Singapore Operations to help in the growth of the business and to regain EduTrust status.
4. Rakesh Shah has been appointed as Group Head of Finance.
The Board has also agreed to form an Exco Committee to be chaired by Mr Gopinath Pillai to provide all the support as well as guidance for major development projects and operational issues.
ENDS
For further information, please contact:
AEC Education Plc
Liam Swords
Tel: 07725 836811
WH Ireland Limited (NOMAD & Broker)
Andrew Kitchingman
Liam Gribben
Tel: 0113 394 6600