Fintech PR

Byggfakta Group becomes Hubexo and announces new leadership structure

Published

2 months ago

October 2, 2024

New name reflects Hubexo’s position at the center of the global construction sector.
New leadership and brand structure will drive innovation and growth.
Product brands remain unchanged with a refreshed identity.

STOCKHOLM, Oct. 2, 2024 /PRNewswire/ — Byggfakta Group, the parent company behind several market-leading construction data and information brands, including BCI, NBS, and Vortal, today announced that it has changed its name to Hubexo. This new identity heralds the start of a global rebranding and restructuring project to position the company as a dynamic and forward-thinking leader in the construction data and technology sector.

A new company website (www.hubexo.com) launches today. The name change only affects the parent company, although brands within the group will receive new visual identities to build a stronger link to the Hubexo brand. Customer-facing products maintain their existing names.

“The built environment shapes how we live, work, and play, and our new name reflects our commitment to connecting and shaping the global construction industry with our vital data and insights,” said Dario Aganovic, Chief Executive Officer. “We are building on almost 100 years of construction expertise, and now as Hubexo we’re unifying our global brands to drive innovation, empower our customers, and guide the construction sector into a sustainable future.”

To reinforce its global ambitions, the Hubexo leadership team has been restructured to streamline operations and enhance innovation. The company has also appointed regional Presidents to oversee commercial operations in APAC, Northeast Europe, West Europe, UK & Ireland, and North America.

“Our new leadership structure allows us to sharpen our focus on innovation, collaboration, and customer success,” said Aganovic. “We’re creating an agile and united leadership that will deliver even better products for our customers and create a rewarding environment where our 2,500 colleagues around the world can thrive.”

The full Hubexo executive team now includes:

Dario Aganovic, Chief Executive Officer
Fredrik Lundqvist, Chief Financial Officer
Joakim Percival, Chief Product Officer
Lars Ryding, Chief Operating Officer
Miguel Sobral, Chief Strategy Officer
Lindi Teate, Chief People Officer
Ashleigh Porter, President, APAC
Kyle Camp, President, North America
Thomas Bejer-Andersen, President, Northeast Europe
Joanne Keit, President, UK & Ireland
Dario Aganovic, President, West Europe (Interim)

Hubexo will focus on its core construction data business, while the company’s non-construction operations, such as media and healthcare, will be spun out into a new entity led by Max Lagerstedt, former CEO Nordics, Byggfakta Group. Aganovic will serve as Chair.

The rebranding initiative is expected to be completed by Q2 2025, with updates to the group’s visual identity and brand communications in line with Hubexo’s vision. The Byggfakta Group website will redirect to Hubexo.com, where stakeholders can learn more about the new brand direction.

Notes for editors:

About Hubexo:
Hubexo, formerly Byggfakta Group, provides cutting-edge data, insights, and software solutions to the global construction industry. Founded in Sweden in 1936, Hubexo specializes in project information, eTendering, product information, market intelligence, and specification.

With operations in more than 20 countries and a workforce of 2,500 employees, Hubexo helps its customers sell more efficiently, build sustainably, and lead the future of construction innovation.

Hubexo is owned by a private equity consortium of Stirling Square Capital Partners, TA Associates and Macquarie Capital. Dario Aganovic was appointed CEO in 2022.

For more information, visit: www.hubexo.com

Press contact:

Hubexo Press Office
[email protected]
+44 7983 645 704

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View original content:https://www.prnewswire.co.uk/news-releases/byggfakta-group-becomes-hubexo-and-announces-new-leadership-structure-302262331.html

Fintech PR

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

Published

10 hours ago

November 24, 2024

CISION (PR Newswire)

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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View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html

Fintech PR

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Published

10 hours ago

November 24, 2024

CISION (PR Newswire)

qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech,-wahed

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

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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View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html

Fintech PR

China’s AIMA brand electric motorbike is now in Bangladesh

Published

23 hours ago

November 23, 2024

CISION (PR Newswire)

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.