The Board of Directors of Uni-Asia Group Limited announced that as part of succession planning and leadership renewal, Kenji Fukuyado, currently an Executive Director of the company, will succeed Michio Tanamoto as the Chief Executive Officer of the company, following the conclusion of the forthcoming Annual General Meeting of the company which is proposed to be convened on 30 April 2020. Mr. Kenji Fukuyado first joined the Group in 2001 and had since held various appointments within the Group, including Managing Director of the Group (responsible for Maritime Asset Management) since 1 February 2013 and Executive Director of the Company since 1 March 2018. Following Kenji Fukuyado's appointment, Michio Tanamoto will cease to be the Chief Executive Officer of the company and will continue to remain as Chairman and Executive Director of the company. Kenji Fukuyado will be responsible for leading the management and staff of the Group in the day-to-day running of the Group's business in accordance with the strategy as approved by the Board, while Michio Tanamoto will continue to lead the Board in setting and implementing the Group's direction and strategy.