Fintech PR
VerAI Discoveries Appoints Mining Finance and Development Veteran Gordon Bogden as Chairman of the Board
BOSTON, Aug. 29, 2024 /PRNewswire/ — VerAI Discoveries (VerAI) is pleased to announce the appointment of Gordon Bogden as Chairman of its Board of Directors.
Gordon Bogden has a diverse background as an accomplished corporate director, strategic advisor, investment banker, senior mining executive and geoscientist. He is recognized for his strategic vision, board leadership, and entrepreneurial skills. Mr. Bogden currently serves as the Advisory Board Chair of Origin Merchant Partners and chairman of Black Loon Group, a private mining investment firm. He advises mining boards and management teams on financing and developing projects worldwide and has served on VerAI’s advisory board for the past several years.
Mr. Bogden has held influential positions, as the past Chairman of the Board of the Canada Mining Innovation Council (CMIC). As an investment banker, he was the Vice Chairman of Mining & Metals for Standard Chartered Bank, Vice Chairman and Head of Global Metals and Mining at National Bank Financial Inc., and senior investment banker with Newcrest Capital Inc., NM Rothschild & Sons Canada Limited and CIBC World Markets. He has previously served as a director for public mining, exploration, and royalty companies, including IAMGold Corporation, NexGen Energy Ltd, and Royal Gold. Mr. Bogden has been leveraging his business and boardroom experience in resource development strategies, along with his technical background as a geoscientist, to create innovative solutions that benefit all stakeholders.
“I am excited to join VerAI and its impressive group of partners and investors such as T. Rowe Price, Orion Resource Partners, Chrysalix, Blumberg Capital, and other key industry players,” says Mr. Bogden. “Most of the easy to discover mineral deposits and mines have already been found. However, finding new, concealed deposits is very hard with the existing exploration methods,” he states. “To find and develop the staggering amount of new mineral deposits that are crucial for our global economic, energy, and social development, we must open new search spaces, such as the challenging covered terrain, and deploy smarter, faster, cheaper, and more sustainable methods to discover and delineate these resources.”
“With a deep understanding of this challenge, VerAI has developed a groundbreaking strategic discovery approach using artificial intelligence that significantly increases the likelihood of discovering new mineral deposits. Working with strong industry exploration and development partners, VerAI’s combination of cutting-edge technology with a capital-light and highly scalable business approach systematically de-risks the economics of critical minerals discovery and revolutionizes mineral exploration,” concludes Mr. Bogden.
“We are thrilled and honored to welcome Gordon as our Chairman,” says Yair Frastai, CEO and Co-Founder of VerAI Discoveries. “Gordon’s deep industry expertise and strategic guidance will be invaluable as we scale our global operations, partnering with forward-thinking explorers and mine developers to deliver exceptional value to our shareholders.”
About VerAI Discoveries, Inc.
VerAI is an AI-powered mineral discovery business revolutionizing the way concealed deposits are discovered. VerAI’s mission is to discover the critical minerals essential to the green-energy transition by working with industry partners to target mineral deposits in underexplored covered terrain. By deploying its novel proprietary AI/ML Discovery Platform, VerAI is dramatically increasing the probability of discovering substantial deposits of different commodities in various geological jurisdictions, shortening targeting time, reducing exploration costs, and minimizing the exploration environmental footprint. For more information, visit https://ver-ai.com/.
Media Contact:
Amie Cavarra
303-358-5452
[email protected]
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Fintech PR
Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.
On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”
Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.
His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.
As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.
Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
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DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.
Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.
Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.
Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
About Qatar Development Bank
Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.
For more information, visit: https://www.qdb.qa/
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DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.
In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.
Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.
AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.
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