NQ Mobile Inc. announced the appointment of Mr. Roland Wu as its chief financial officer in addition to his role as director, effective as of June 1, 2015. With Mr. Wu's appointment, Dr. Vincent Wenyong Shi will step down from his role as the acting chief financial officer and focus on his responsibilities as the Company's chairman of the board of directors and chief operating officer. Mr. Roland Wu will remain as a director, but resigned from his position as a member of the compensation committee of the Company's board of directors, and as a replacement, the board of directors elected Mr. William Li, an independent director of the Company, as a new member to the compensation committee, both effective as of June 1, 2015. Mr. Roland Wu, a Chartered Financial Analyst charterholder, has extensive experience and in-depth capital markets knowledge, having served in the financial industry over the last fifteen years.He has served as Executive Director of Winshine Entertainment & Media Holding Company Limited since 2014.