De Raj Group AG announced changes to its Management and Supervisory Board. The number of Board Members has been reduced by half. Therefore Nicholas de Raj and Carlo Arachi retired from their positions on the Management Board of De Raj Group AG. Nagendran Nadarajah and Vaidyanathan Nateshan form the remaining members of the Management Board. The number of Supervisory Board members also was reduced by one to three. Therefore Alexander de Raj retired from his position as Chairman of the Supervisory Board of De Raj Group AG. Devarajah Navaratnam will be appointed as Interim Chairman. Renata de Raj and Chew Mei Ying remain unchanged members of the Supervisory Board.