Ferrum Public Company Limited reported the resolution of the Board of Director Meeting held on 14 January 2016 as follows; the board acknowledged the retirement of Mr. Pichet Boonyapakdee from the position of Managing Director of accounting and Finance, and the resignation from the position of Director and Executive Director with the effective on 15 January 2016. The company approved the appointment of Mr. Kitti Tungsriwong, the Managing Director of Business Development and Director, to be the Managing Director of Accounting and Finance (replacing Mr. Pichet Boonyapakdee) with the effective on 15 January 2016. The company approved the appointment of Mrs. Phatira Wongsumran as Acting Managing Director of Business Development (replacing Mr. Kitti Tungsriwong) with the effective on 15 January 2016.

The company acknowledged the resignation of Mr. Phonnarong Watthanaphothithon from the position of Managing Director of Sales and Marketing, and approve the appointment of Dr. Prasit Srisuwan, the Chief Executive Director and Director, as Acting Managing Director of Sales and Marketing) with the effective on 15 January 2016.