IGEX Appoints Asian Financial Markets Veteran Dermot M. Monaghan to Board
September 16 2013 - 9:00AM
Marketwired
Indo Global Exchange(s) Pte, Ltd. (OTCQB:
IGEX) ("IGEX," or the "Company"), an early entrant into the
Indonesian financial market services sector, is pleased to announce
and welcome the appointment of Mr. Dermot Michael Monaghan to its
Board of Directors.
Mr. Monaghan most recently (2008-2010) served as Marketing and
Sales Director at the Royal Bank of Canada overseeing activities in
futures, options and base metals through the management of the
Futures Sales group with responsibility for developing and
maintaining execution and clearing relationships for RBC Capital
Markets. Prior to this (2003-2007) he was the founding Director of
PT Masuka, a property management and developer in Bali, Indonesia,
and previously (1997-2002) was Director and Global Head of Asian
Equity Trading at ABN AMRO (SECS) Asia, Hong Kong. Between 1996 and
1997 he was a Director, partner and head of Asian Equity Trading at
NAVA, Standard Chartered Securities, Hong Kong, and from 1986 to
1996 was Director of Trading and a board member at ING Baring
Securities. Previous duties included Director of Trading (New York)
at Cresvale Securities as head of Japanese and North American
convertible bond trading, and he began his career as a junior
exchange floor trader, trainee analyst and was promoted to
specializing in OTC HK, Singapore and US equities at Akroyd and
Smithers (now UBS). Mr. Monaghan currently resides in Indonesia and
was educated at 1977-1980 Staffordshire College of Further
Education (1977-1980), Bishton Hall Preparatory School, and
Ampleforth College, Yorkshire, UK. He is further professionally
qualified on the London Stock Exchange NYSE/NASD Series 7, 17, 63
and 24, Singapore Module 1B, 5 & 6.
IGEX President and CEO Mr. John O'Shea states, "Dermot brings
extensive and in-depth insight into the operations, sales and
marketing of financial products in the Asian marketplace. We are
extremely gratified and pleased that he has elected to accept our
offer to sit on our Board. We are certain his experience, wisdom
and knowledge will aid us immensely as we move ahead in the
development of both our business and shareholder value."
Additional details of the Company's business, finances,
appointments and agreements can be found as part of the Company's
continuous public disclosure as a reporting issuer with the
Securities and Exchange Commission ("SEC") available at
www.sec.gov.
About IGEX (OTCQB: IGEX) With the
virtually untapped Indonesian population of over 240,000,000
individuals as its initial market focus, IGEX is positioning itself
at the forefront of the financial market service sector through the
support of partner relationships with noteworthy licensed suppliers
of sophisticated global trading platforms in Equities, CFDs,
Derivatives, Commodities, Energies, Foreign Exchange and Options.
IGEXs world-class partners offer clients security and 100%
transparency, which is critical for entry into this vast and
virtually untapped Pacific Rim marketplace. To date, this market is
significantly underserviced as only a limited number of Indonesian
banks offer online trading, and local brokers only offer Indonesian
stocks. For more information about our business, mission and
strategic partners visit: www.igexcorp.com.
Notice Regarding Forward-Looking
Statements This news release contains "forward-looking
statements." Statements in this press release that are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements include,
among other things, references to brand identity and market
positioning, partner relationships, products offered, the potential
success of its business model and adoption of any products and
services. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
developing a new business and operating as a development stage
company, our ability to raise the additional funding we will need
to continue to pursue our business and development plans, potential
competition in the industry in which we operate and market
conditions. These forward-looking statements are made as of the
date of this news release, and we assume no obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements, except as required by applicable law, including the
securities laws of the United States. Although we believe that any
beliefs, plans, expectations and intentions contained in this press
release are reasonable, there can be no assurance that any such
beliefs, plans, expectations or intentions will prove to be
accurate. Investors should consult all of the information set forth
herein and should also refer to the risk factors disclosure
outlined in the reports and other documents we file with the SEC,
available at www.sec.gov.
On Behalf of the Board, John F. O'Shea, President & CEO Indo
Global Exchange(s) Pte, Ltd. (IGEX)
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Contact: IGEX Investor Relations Phone: + (011) 62 812
1318 37444 Email: investors@igexcorp.com
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