Dion Global Solutions has informed that the Board of Directors of the Company on May 13, 2016 has noted and approved the resignation of Ralph James Horne from the office of Managing Director & Key Managerial Personnel and has also approved the appointment of Michel Borst as its Chief Executive Officer (CEO) effective from May 12, 2016. Ralph Horne has resigned due to some personal reasons and would continue as a Non-Executive Director on the Board of the Company. Michel is currently a member of Dions Leadership team and was responsible for Dions strategic growth for the Broker & Wealth Solutions business, globally.
The above information is a part of company’s filings submitted to BSE.