Triterras Inc. (Nasdaq: TRIT,
TRITW) (“Triterras” or the “Company”)
, a
leading fintech company for trade and trade finance, has appointed
Yong-Moon Kim, Jayapal Ramasamy and Lilian Koh to the board of
directors, effective immediately, replacing Directors Matthew
Richards and Vanessa Slowey who resigned. With these changes, the
Triterras Board of Directors expands to eight total members, five
of whom are independent. All three new directors will
be independent.
“On behalf of the entire organization, I would like to welcome
Mr. Kim, Mr. Jayapal, and Ms. Koh to our Board of Directors,” said
Srinivas Koneru, Chairman and CEO of Triterras. “All three
individuals bring unique and valuable experiences to our company
and we look forward to benefitting from their collective insights
and extraordinary expertise as we execute our growth strategy.”
“I would also like to thank Matthew and Vanessa for their
valuable contributions to the Board. We wish them both all the best
in their future pursuits,” added Koneru.
Yong-Moon KimMr. Kim brings to Triterras nearly
30 years of experience in international investment, finance and
technology leadership in Asia, the United States and Europe. He
serves as advisor for fintech and blockchain incubation to the
Korea Internet Agency. He is also a mentor and advisor to the
Korean KOCCA program—incubated technology startups in the Korean
artificial intelligence, fintech and blockchain sectors.
Mr. Kim was a founder of the first Korean robo-advisor PKI,
which was selected for the Korean government’s fintech “sandbox.”
He also served as an advisor to Smartforecast, a Korean
machine-learning fintech startup focusing on AI-driven portfolio
management and Tenspace, an AI-driven credit rating fintech
startup.
Kim’s investment and capital markets experience includes serving
as Managing Director and Head of Global Equities at Credit Suisse
Asset Management, where he led a team of portfolio managers in
Zurich, London, New York, Tokyo, and Singapore. His many
accomplishments at Credit Suisse include creating joint ventures
with ICBC in China and Woori Financial Group in Korea, building a
fund distribution channel in Japan, and rebuilding Credit Suisse’s
private client practice in the UAE. Prior to Credit Suisse, Kim
served as the inaugural Head of Mirae Asset Global Investments.
Mr. Kim holds a BA in East Asian Studies from McGill University.
Kim also holds an MBA from the University of Chicago Booth School
of Business with a major in international finance and accounting.
He is licensed by the Hong Kong Securities and Futures Commission
as a Responsible Officer for Type 4 (advising on securities) and
Type 9 (asset management) regulated activities.
Mr. Kim will serve on the Audit Committee and Compensation
Committee of the Board.
Jayapal RamasamyMr. Jayapal brings significant
international tax, accounting, and finance experience to Triterras’
Board.
Mr. Jayapal is a Fellow of the Association of
Chartered Certified Accountants UK (FCCA), the Fellow Institute of
Singapore Chartered Accountants (FCA) and Fellow of CPA Australia
(FCPA). Mr. Jayapal is the Deputy President of UK Accounting Group
McMillan Woods International, and has been instrumental in
developing the Asian network for McMillan Woods, particularly in
India, Bangladesh, Pakistan and Sri Lanka. He is a director at
Alliance Corporate Services Pte Ltd, Chairman of Hallmark Capital
Pte Ltd and Chairman of Hallmark Nominee Services Pte Ltd
Singapore. He also is a board member of ANSA India Pte Ltd, a
member of the Board of Governors of St. John International School,
Malaysia and the Deputy Chairman of International Student
Recruitment Center Pte Ltd. He is as one of the Founder Members and
Past President of the Institute of Management Consultants (IMC).
Mr. Jayapal served on the boards of directors of various companies,
including Savant Infocom PLC, Panel Kerr Forster, Parker Randall,
Parker Randall Sdn Bhd, Parker Randall India Pvt Ltd, AEC Edu Group
Pte Ltd, and Sindia Property Group Pte Ltd. He previously was a
Council Member serving on the Singapore Branch at the Association
of Chartered Certified Accountants (ACCA). He studied ACCA in
London through Emile Woolf College of Accounting, became a member
of ACCA in 1985 and a Fellow in 1990. He co-authored several books
in taxation and tax management.
Mr. Jayapal will serve on the Audit Committee and Compensation
Committee of the Board.
Lilian KohMs. Koh brings to Triterras 30 years
of experience in information technology, including nearly a decade
of working on large-scale computerization projects for the
Singapore government. She has been the founding Chairman and
Chief Executive Officer of iAPPS Pte Ltd since 2012. She is also a
senior member of the Singapore Computer Society. Ms. Koh founded
Network Integration Systems & iCommerce (NIS Group) that
successfully developed one of the world’s first Electronic Data
Interchanges (EDI) over the Internet, developed Singapore’s first
Internet commerce management system in 1995, and received the
SingaporeONE Pioneer Award in 1997 for the first B2B2C supermarket
e-commerce system for Cold Storage. She co-developed curriculum and
lectured for National University of Singapore’s Institute of
Logistics’ RFID Master Class programme and launched the
RFID/Internet of Things Summit with Thailand’s Ministry of
Information and Communication in 2006. She served as a judge for
Singapore’s inaugural e-Government Excellence Awards in 2013, which
was jointly organized by Singapore’s Ministry of Finance and
Infocomm Development Authority of Singapore.
Ms. Koh was recognized by The Singapore Women’s Weekly magazine
as one of the ‘Great Women of Our Time 2015’ for her career
achievements and contributions in science and technology.
Ms. Koh will serve on the Nominating and Corporate Governance
Committee of the Board.
About Triterras Triterras is a
leading fintech company focused on trade and trade finance. It
launched and operates Kratos™—one of the world’s largest commodity
trading and trade finance platforms that connects and enables
commodity traders to trade and source capital from lenders directly
online. For more information, please visit triterras.com or email
us at contact@triterras.com.
Forward Looking StatementsThis press release
includes “forward-looking statements” within the meaning of the
“safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995. Triterras’ actual results may differ from their
expectations, estimates and projections and consequently, you
should not rely on these forward-looking statements as predictions
of future events. Words such as “expect,” “estimate,” “project,”
“budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,”
“will,” “could,” “should,” “believes,” “predicts,” “potential,”
“continue,” and similar expressions are intended to identify such
forward-looking statements. These forward-looking statements
include Triterras’ expectations with respect to future performance.
These forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside Triterras’ control and are difficult to predict. Factors
that may cause such differences include but are not limited to
risks and uncertainties incorporated by reference under “Risk
Factors” in Triterras’ Form 20-F (001-39693) filed with the
Securities and Exchange Commission (the “SEC”) on November 16, 2020
(the “Form 20-F”) and in Triterras’ other filings with the SEC.
Triterras cautions that the foregoing list of factors is not
exclusive. Triterras cautions readers not to place undue reliance
upon any forward-looking statements, which speak only as of the
date made. Triterras does not undertake or accept any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions, or circumstances
on which any such statement is based.
Investor Relations Contacts:Jim Groh, Triterras
Inc.Mobile: +1 (678) 237-7101Email: IR@triterras.com
Gateway Investor RelationsCody Slach and Matt
GloverOffice: +1 (949) 574-3860Email: TRIT@gatewayir.com
Media Contacts:Gregory PapajohnOffice of Corporate
CommunicationsTriterras, Inc.Mobile: +1 (917) 287-3626Email:
press@triterras.com
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