Sep 07, 2012 10:40 JST

Source: Quam Limited

Quam Appoints Mr Kenneth YOUNG Chun Man As Independent Non-executive Director

HONG KONG, Sep 07, 2012 - (ACN Newswire) - Quam Limited ("Quam" or the "Group", Stock Code: 00952.hk), a Hong Kong-based financial services group, today announced Mr Kenneth YOUNG Chun Man was elected by the shareholders of Quam at its annual general meeting as an Independent Non-executive Director. He will also serve as as Chairman of the Audit Committee and member of the Remuneration Committee of Quam with effect from today.

Mr YOUNG has over 26 years of professional experience in audit and accounting field, with 17 years of those as partner, in medium to large international accounting firms. Mr YOUNG is a member of the Professional Conduct Committee of The Hong Kong Institute of Certified Public Accountants since year 2007. He is a fellow of The Hong Kong Institute of Certified Public Accountants (Practising), The Institute of Chartered Accountants in England and Wales, The Taxation Institute of Hong Kong and The Hong Kong Institute of Directors. Mr YOUNG is also a member of The Hong Kong Securities Institute and a certified tax adviser. He holds the Bachelor of Arts (Economics) from the University of Essex and a Master of Corporate Finance from The Hong Kong Polytechnic University.

Meanwhile, Mr Gordon KWONG Che Keung has retired by rotation as an Independent Non-executive Director upon the conclusion of its annual general meeting today. He ceased to be Chairman of the Audit Committee and a member of the Remuneration Committee of Quam with effect from today.

Mr Bernard POULIOT, the Chairman of Quam, welcomed Mr YOUNG joining the Group. Mr POULIOT said, "Kenneth has sound experience in audit and accounting field which will be well placed to help strengthening corporate governance. In addition, I would like to express our gratitude to Mr KWONG for his invaluable contributions to Quam in the past few years."

Contact:
Quam IR 
Ms Anita WAN   Tel: (852) 2217-2688 	E-mail: anita.wan@quamgroup.com 
Ms Sharon AU 	Tel: (852) 2217-2660   	E-mail: sharon.au@quamgroup.com  
Ms Venus LAM	Tel: (852) 2217-2683	E-mail: venus.lam@quamgroup.com
Source: Quam Limited
Sectors: Daily Finance, Daily News

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