Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Latest News

Richa Goswami proposed as new Board member of EQT AB

Published

on

STOCKHOLM, April 24, 2024 /PRNewswire/ — EQT AB (publ) today announced that the Nomination Committee proposes Richa Goswami as new Board member in EQT AB, bringing experience and expert knowledge within Brand & Marketing.

Richa Goswami has in-depth knowledge and multi-sector experience from leading positions within Brand & Marketing across multiple geographies in the financial services and FMCG (fast-moving consumer goods) industry. Most recently she has worked at Fidelity International as their Group Chief Marketing and Brand Officer based out of Singapore.

Prior to joining Fidelity International, Richa was the Chief Customer and Marketing Officer at HSBC, where she has spent over a decade in various capacities in Asia, Europe and United States. She has also been the Global Chief Digital Officer at Johnson & Johnson and the Global Head, Next Generation Banking, at Standard Chartered Bank and brings vast international experience within her field.

Jacob Wallenberg, Chairperson of the Nomination Committee, comments: “Richa Goswami’s experience from building international brands across multiple industries will add vital perspectives to EQT’s continued journey. In today’s global market it is imperative to have a strong brand to be able to attract future talent and customers.”

Johan Forssell has declined re-election, after serving on the Board for nine years. Conni Jonsson, Chairperson of the EQT AB Board, comments: “Johan is the longest serving Board member in EQT and his focus on long-term value creation and ownership has been much appreciated in the Board room. I am grateful for Johan’s contributions, especially during the IPO process, his support was instrumental in our first step as a listed company.

Conni Jonsson continues,I’m very much looking forward to welcoming Richa Goswami to the Board, her energy and multifaceted background will be an excellent addition and will also contribute to a better balance of the Board composition. Richa Goswami’s comprehensive track record of building global brands in a wide range of different sectors will strengthen EQT’s growth journey. I would also like to thank the members of the Nomination Committee for their dedicated work in this process.”

The Nomination Committee’s complete proposals to EQT AB’s Annual Shareholders’ Meeting are included in the notice and the nomination committee’s motivated opinion, published on EQT’s website. The Annual Shareholders’ Meeting will be held on 27 May 2024. The election of Richa Goswami as new Board member is subject to relevant regulatory approvals.

The Nomination Committee has been appointed based on the ownership structure as of 31 August 2023, and consists of Jacob Wallenberg (Chairperson), appointed by Investor AB, Harry Klagsbrun, appointed by Bark Partners AB, Cynthia Lee, appointed by Jean Eric Salata, Anders Oscarsson, appointed by AMF Pension & Funds and Conni Jonsson, Chairperson of the Board of EQT AB.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/richa-goswami-proposed-as-new-board-member-of-eqt-ab,c3966439

The following files are available for download:

 

View original content:https://www.prnewswire.co.uk/news-releases/richa-goswami-proposed-as-new-board-member-of-eqt-ab-302125703.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Teal secures $8M seed funding for groundbreaking accounting solution

Published

on

 

Teal has announced a significant milestone in its journey to transform SMB accounting with the closure of an $8 million seed funding round.

According to TechFundingNews, the company, which focuses on providing accounting infrastructure for Vertical SaaS businesses, aims to address the critical need for integrated financial solutions within various platforms.

Founded by industry veterans Ian Crosby and Adam Saint, Teal stands out in the FinTech landscape for its unique approach to accounting services. Leveraging their expertise from founding Bench Accounting and working at Shopify, Crosby and Saint have developed a platform that empowers Vertical SaaS businesses to offer customised accounting suites to their SMB customers.

One of the key challenges faced by SMBs is the lack of seamless accounting solutions integrated into their core business platforms. Teal aims to bridge this gap by equipping companies with the necessary APIs and tools to build their own accounting offerings. This enables SMBs to access crucial insights such as real-time cash flow, per-product profitability, and streamlined tax filing processes.

Teal’s comprehensive suite of out-of-the-box tools enables Vertical SaaS companies to launch their accounting platforms swiftly, often in as little as four weeks. These tools include fully functioning app code repositories and seamless data integrations with external sources like Plaid, enhancing the overall user experience for SMBs.

According to Ian Crosby, Co-Founder and CEO of Teal, the company’s vision is to become the “Stripe for accounting,” providing the foundational infrastructure for Vertical SaaS companies to embed accounting features seamlessly. By integrating accounting software directly into their platforms, businesses can enhance customer engagement and drive adoption of financial services features.

The significance of Teal’s innovative approach has not gone unnoticed in the investment landscape. Torch Capital, a leading investor in tools and platforms for SMBs, led the recent $8 million seed funding round. Partner Katie Reiner expressed enthusiasm for Teal’s mission to revolutionize the SMB accounting space, citing the dire need for intuitive and streamlined accounting tools.

In an era where embedded finance is gaining traction, Teal’s commitment to offering tailored accounting solutions signifies a promising step towards empowering SMBs with the financial tools they need to thrive in today’s competitive landscape.

Source: fintech.global

The post Teal secures $8M seed funding for groundbreaking accounting solution appeared first on HIPTHER Alerts.

Continue Reading

Latest News

Digital China’s Guo Wei Shares ‘China’s Sample’ of Global Digital Innovation with London Business School

Published

on

LONDON, May 22, 2024 /PRNewswire/ — On May 21st, at the invitation of London Business School (LBS), Guo Wei, Chairman of Digital China, participated in the esteemed “Managing the Digital Organization” lecture, engaging with a cohort of prospective business leaders. Focusing on the trending topics of ‘Artificial Intelligence’ and ‘Digital Transformation’, he imparted the digital philosophy and practices of Chinese enterprises amidst the digital civilization era.

Digital China, a prominent player in China’s digital economy, has harnessed over two decades of deep involvement in the nation’s information industry to embrace the power of digitization. This has culminated in what Guo Wei refers to as ‘China’s Vibrant Blueprint for Digital Transformation’, carving a distinctive path of digital metamorphosis. Notably, Digital China’s transformation narrative has been incorporated into LBS’s esteemed case library, underscoring its significance as a teaching instrument.

In his lecture, Guo Wei emphasized that the digital economy now constitutes the backbone of supply, with digital technology emerging as the paramount catalyst for economic expansion. The hastening pace of global digitization propels us into an epoch of digital civilization. For multinational corporations, digital strategies have escalated to the status of corporate strategy, and the amassing of data assets constitutes the pivotal lever for business innovation. Amidst this evolution, AI-fueled digital-cloud integration signifies a disruptive technological innovation, poised to invigorate the global landscape. Digital China feels honored to reprise its role in elite international business school case repositories, thereby contributing insights to academia. This recognition signifies that Chinese enterprises’ digital and AI acumen resonates globally, exemplifying world-class practices.

Professor Julian Birkinshaw, Vice Dean and Professor of Strategy and Entrepreneurship at LBS, remarked, “As a global institution, we constantly seek out exemplary cases worldwide. Digital China was chosen not solely due to its prominence in China but also its sophisticated implementation of digital technologies, demonstrating adaptability and offering invaluable insights to our students about the contemporary business milieu. The story of Digital China encapsulates Mr. Guo Wei’s philosophy – digitization transcends being a mere process; it embodies the existential rationale for companies. This philosophy underpins our decision to feature Digital China in our case studies.”

Photo – https://mma.prnewswire.com/media/2419014/Digital_China_s_Guo_Wei_Professor_Julian_Birkinshaw.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/digital-chinas-guo-wei-shares-chinas-sample-of-global-digital-innovation-with-london-business-school-302152277.html

Continue Reading

Latest News

Endava partners with Finexos to revolutionise AI-driven credit risk management

Published

on

 

Endava, a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset, has announced its partnership with Finexos, an AI-powered credit risk and analytics platform.

The partnership aims to leverage Finexos’ state-of-the-art credit risk engine to enhance credit decisioning processes, significantly increasing the accuracy of suitability and affordability calculations for banks and lenders. This collaboration will enable more borrowers to access affordable credit while reducing non-performing loans and improving capital allocation.

Endava, with over 20 years of industry expertise, helps financial institutions position their products and services at the forefront of innovation. Through world-class engineering, Endava supports customers in meeting the demands of responsible lending.

Finexos offers a unique methodology to improve credit decisioning, making it possible for larger volumes of borrowers to access affordable credit. Their advanced AI-powered software helps reduce default risks and improve capital allocation for lenders.

The collaboration allows Endava to integrate Finexos’ AI credit decisioning software into their services, helping financial institutions provide responsible lending solutions. This integration aims to increase accessibility for a broader range of customers and provide a more accurate assessment of borrower risk.

Finexos’ cost-effective data science SaaS platform enriches data analysis, speeds up decisions for borrowers, and reduces costs for lenders. The platform operates without geographical constraints, works within institutions’ firewalls, and ensures data security by not accepting or requiring personally identifiable information (PII).

Endava’s head of alliances and partnerships Lewis Brown said, “The addition of Finexos strengthens Endava’s banking ecosystem with new and existing AI-based software and also brings to our clients new tools that fuel growth and react to new and future regulatory requirements.”

Matthew Williamson, SVP & industry principal at Endava, mentioned, “At Endava, we are delighted to announce our partnership with Finexos, demonstrating our ongoing commitment to financial inclusion. This relationship authentically aligns with our core values, using technology and democratising access to financial instruments. Giving individuals and communities the ability to access fair, consistent next-gen real-time credit scoring. Empowering economic growth and stimulus.”

Source: fintech.global

The post Endava partners with Finexos to revolutionise AI-driven credit risk management appeared first on HIPTHER Alerts.

Continue Reading

Trending