The Board of eCargo Holdings Limited announced the appointment of Founder and Executive Chairman, Mr. John Lau, as Interim Chief Executive Officer. Mr. Lau's appointment follows the Board's acceptance of Mr. Will Zhao's resignation as CEO, effective the close of business of August 7, 2020. On behalf of the Board, Mr. Lau thanked Mr. Zhao for his tenure having successfully managed the integration of Metcash Asia and significantly increasing the scale of ECG's fast-moving consumer goods business. Having completed the integration of the Metcash business, Will decided to step down as CEO to pursue other opportunities.