On January 15, 2017 the former Chief Financial Officer of Todos Medical Ltd., Mr. Uri Sher, notified the company of his resignation effective as of January 31, 2017. On January 19, 2017 Mr. Shlomo Zakai, CPA was appointed as chief financial officer, effective as of February 1, 2017. Mr. Zakai is an expert in finance with many years of experience with U.S. public companies. He established his own accounting firm in Israel in 2004, providing a range of services to publicly traded and private companies, and he has served as controller and Chief Financial Officer of a number of private companies. Mr. Zakai serves as the internal auditor of several Israeli traded companies and oversees Sarbanes-Oxley compliance for several U.S. and Israeli traded companies. He previously worked as an accountant for nine years for Kost, Forer, Gabbay & Kasierer, an independent registered public accounting firm and a member firm of Ernst & Young Global, where he last served as a senior manager and worked with technology companies publicly traded on NASDAQ and in Israel.