CASH Financial Services Group Ltd. appointed Ho Tsz Cheung Jack as an executive director on its board, effective April 10.

Ho, whose tenure will last two years, will be responsible for the group's corporate and business development, according to a same-day release. He served as director of corporate and strategic investment at Celestial Asia Securities Holdings Ltd., with oversight of the company's corporate management.

Meanwhile, Lam Man Michael resigned as an executive director from the board, effective the same day, due to a "personal career development."

CASH Financial is a unit of Celestial Asia Securities.