Asia Corporate Development Public Company Limited announced Mr. Sanan Siripanichsutha has resigned from the position of President of the Company due to problem concerning personal health, but he still remains the Company's director in order to avoid any impact against the company's business management and operation. In this regard, the Board of Directors' meeting No. 2/2016 held on 26 January 2016 has acknowledged his resignation and resolved to appoint Mr. Prateep Anantachote, Vice Chairman of the company, to act as the Company's President temporarily with the effective date as from 27 January 2016 onwards.