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Birmingham's parent company has announced sweeping changes to its board as the receivers investigate the running of Birmingham International Holdings. A statement to the Hong Kong Stock Exchange confirmed the changes which has seen seven directors also resign. 'The receivers are conducting investigation into the affairs of the company and will update the shareholders and the stock exchange with respect to any further developments concerning the said investigation as and when appropriate,' a statement read. Peter Pannu (third from right) has been removed from the board of Birmingham's parent company. The Blues have been put into financial difficulty after Carson Yeung's ill-fated spell as owner. The move effectively sees the receivers, Ernst and Young, in charge, with employees Stephen Lui appointed chairman of the board and David Yen Ching Wai as chief executive. Peter Pannu, Birmingham's former acting chairman, has been removed from the BIHL board along with Chan Shun Wah. Two others, Cheung Kwai Nang and Carson Wong Ka Chun, have also been suspended. Panos Pavlakis, who is effectively managing director at the club, has resigned but remains a director at St Andrew's. Rob Kiernan (left) fends off Johnny Russell during the weekend draw away at Derby County. Blues are 14th in the Sky Bet Championship and insisted the running of the club is not affected by the developments. 'The club can assure supporters and staff that this still very much the case - there is no change in the day to day running of Blues,' read a statement. 'Panos Pavlakis continues to lead the UK management team from St. Andrew's and work closely with Gary Rowett on all football matters, as per usual. 'The board also carries on working in unison and in full cooperation with the Receivers for the good of the Club.'
Birmingham City's parent company make sweeping changes to its board.
Peter Pannu, Birmingham's former acting chairman, has been removed.
Gary Rowett's Blues are 14th in the Sky Bet Championship table.
Skriv höjdpunkter för denna artikel: Birminghams moderbolag har meddelat svepande förändringar i sin styrelse när mottagarna undersöker driften av Birmingham International Holdings. Ett uttalande till Hongkongbörsen bekräftade de förändringar som har sett sju direktörer också avgå. "Recipienterna genomför en undersökning av bolagets angelägenheter och kommer att uppdatera aktieägarna och börsen med avseende på eventuella vidare utvecklingar rörande nämnda utredning allt efter omständigheterna," ett uttalande läs. Peter Pannu (tredje från höger) har tagits bort från styrelsen för Birminghams moderbolag. The Blues har hamnat i ekonomiska svårigheter efter Carson Yeungs illa tilltygade förtrollning som ägare. Flytten ser effektivt mottagarna, Ernst och Young, som ansvariga, med anställda Stephen Lui utsedd till styrelseordförande och David Yen Ching Wai som verkställande direktör. Peter Pannu, Birminghams tidigare tillförordnade ordförande, har tagits bort från BIHL:s styrelse tillsammans med Chan Shun Wah. Två andra, Cheung Kwai Nang och Carson Wong Ka Chun, har också blivit avstängda. Panos Pavlakis, som i praktiken är verkställande direktör på klubben, har avgått men förblir direktör på St Andrew's. Rob Kiernan (vänster) repar sig mot Johnny Russell under helgen dra bort på Derby County. Blues är 14:e i Sky Bet Championship och insisterade på att driften av klubben inte påverkas av utvecklingen. "Klubben kan försäkra supportrar och personal att detta fortfarande i hög grad är fallet - det finns ingen förändring i den dagliga driften av Blues," läs ett uttalande. "Panos Pavlakis fortsätter att leda den brittiska ledningsgruppen från St Andrew's och har ett nära samarbete med Gary Rowett i alla fotbollsfrågor, som vanligt. "Styrelsen fortsätter också att arbeta i enighet och i fullt samarbete med Mottagarna för klubbens bästa."
Write highlights for this article: Birmingham's parent company has announced sweeping changes in its board of directors as the recipients investigate the operation of Birmingham International Holdings. A statement to the Hong Kong Stock Exchange confirmed the changes that have seen seven directors also resign. "The recipients conduct an investigation into the company's affairs and will update the shareholders and stock exchange with respect to any further developments regarding the said investigation as the circumstances so far as the circumstances are concerned," a statement read. Peter Pannu (third from the right) has been removed from the board of directors of Birmingham's parent company. The Blues have ended up in financial difficulties after Carson Yeung's ill-fated spell as owner. The move effectively sees the recipients, Ernst and Young, as responsible, with employees Stephen Lui appointed Chairman of the Board and David Yen Ching Wai as Managing Director. Peter Pannu, Birmingham's former acting chairman, has been removed from the BIHL board of directors along with Chan Shun Wah. Two others, Cheung Kwai Nang and Carson Wong Ka Chun, have also been suspended. Panos Pavlakis, who is in practice managing director at the club, has resigned but remains director at St Andrew's. Rob Kiernan (left) recovers against Johnny Russell over the weekend pull away at Derby County. The Blues are 14th in the Sky Bet Championship and insisted that the operation of the club is not affected by development. "The club can assure supporters and staff that this is still largely the case - there is no change in the daily operation of the Blues," read a statement. "Panos Pavlakis continues to lead the British management team from St Andrew's and works closely with Gary Rowett on all football issues, as usual. "The Board also continues to work in unity and in full cooperation with the Recipients for the good of the club."
Birmingham Citys moderbolag gör genomgripande förändringar i sin styrelse. Peter Pannu, Birminghams tidigare tillförordnade ordförande, har tagits bort. Gary Rowetts Blues är 14:e i Sky Bet Championship-tabellen.
Birmingham City's parent company is making profound changes to its board of directors. Peter Pannu, the former acting chairman of Birmingham, has been removed. Gary Rowetts Blues is 14th in the Sky Bet Championship table.