GSTechnologies Ltd Appointment of CEO (6510O)
October 12 2021 - 2:00AM
UK Regulatory
TIDMGST
RNS Number : 6510O
GSTechnologies Ltd
12 October 2021
12 October 2021
GSTechnologies Limited
("GST" or the "Company" or the "Group")
Appointment of CEO
GSTechnologies Limited (LSE: GST), the fintech and information
technology solutions company, is pleased to announce the
appointment of Mr Bai GuoJin ("Jack Bai") , an existing Executive
Director, as the Company's new Chief Executive Officer with
immediate effect.
Jack Bai, who joined the GST board in January 2021, has over 30
years' experience in software development for the financial and
telecommunication industries. He is a successful technology
entrepreneur, who has successfully built and exited multiple
companies, including in fintech and payment solutions. He is a
co-founder of Wise MPay, the Company's collaboration partner, and
leads the development of the Coalculus blockchain technology. Since
joining GST he has been leading the Group's blockchain technology
activities and its plans to launch a borderless neobanking platform
providing next-generation digital money solutions.
Tone Goh, Chairman of GST, commented : "We are very pleased to
announce that Jack Bai has been appointed as GST's new CEO. Jack
has been leading our blockchain technology activities since his
appointment at the beginning of the year and we believe it is the
opportune time to appoint him to the role of CEO to take GST to the
next level of growth and development.
"We have made significant further progress with our fintech
plans since the announcement of the fundraising at the beginning of
September. We are focused on both completing the recently announced
acquisition of Angra and establishing a significant business from
the stablecoin network and applications that we are developing from
our collaboration with Wise MPay."
Enquiries:
The Company
Tone Goh, Executive Chairman +65 6444 2988
Financial Adviser
+44 (0)20 3005
VSA Capital Limited 5000
Simon Barton / Pascal Wiese
Financial PR & Investor Relations
IFC Advisory Limited
Tim Metcalfe / Graham Herring / Florence +44 20 (0) 3934
Chandler 6630
For more information please see:
https://gstechnologies.co.uk/
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.
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END
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