Paul Ewing appointed as
EQONEX Chief Operating Officer
SINGAPORE, May 11, 2022
/PRNewswire/ -- EQONEX Limited (NASDAQ: EQOS) ("EQONEX"
or the "Company"), a digital assets financial services
company, today announced the appointment of Daniel Ling as Chief Financial Officer (CFO) and
Member of the Executive Committee, effective immediately.
Daniel was recently appointed to the EQONEX Board of Directors as
part of the Company's strategic partnership with Bifinity UAB
("Bifinity"), a payments technology company.
Concurrently, Paul Ewing, the
Company's previous CFO, has been appointed as Chief Operating
Officer (COO), effective immediately. Andrew Eldon resigned from his position as COO
to pursue other opportunities.
Under the terms of the strategic partnership announced in
early March 2022, Bifinity has the
right to nominate key management positions and Board members.
Jonathan Farnell, EQONEX CEO and
Almira Cemmell, EQONEX Chief Corporate Affairs Officer were
previously appointed to the management team.
Prior to joining EQONEX, Daniel served as the Director of
Strategy for Bifinity UAB ("Bifinity"). Daniel has more than 27
years of financial and risk management experience, having held
various roles at Bridgewater Associates, PricewaterhouseCoopers,
the Singapore Exchange and ShoreVest Capital. In his role prior to
joining Bifinity, Daniel served as the Chief Financial Officer of
Pujiang International Group, a Hong
Kong-listed technology-based manufacturing group. Daniel
graduated with a Bachelor of Arts degree from Dartmouth College and received his Master of
Business Administration degree from Booth School of Business at
University of Chicago.
Prior to joining the EQONEX team four years ago, Paul served as
the Chief Financial Officer for a proprietary trading business with
a focus on financial markets and digital assets. He has spent more
than 15 years working in Asia and
was the former regional Chief Financial Officer at ICAP, as well as
regional Chief Operating Officer for ICAP's electronic broking
division. Paul is also a member of the Institute of Chartered
Accountants for England and
Wales.
Jonathan Farnell, EQONEX CEO,
said, "Daniel brings with him extensive experience and credentials
gained through his time with leading financial
institutions. We are pleased to welcome Daniel to the team
during this transformative moment for the Company."
"Daniel's skills and outlook will compliment and augment the
expertise within the EQONEX executive management team, including
Paul Ewing in his new capacity as
COO. Paul's deep institutional knowledge will be invaluable in
helping to shape the Company's strategic direction."
Paul Ewing said, "Over the past
four years, we have witnessed a transformation of the crypto
industry to become much more institutional and mainstream and have
strategically positioned EQONEX at the forefront of this trend to
take advantage of the enormous growth opportunities this presents.
I am delighted to take on this new challenge as COO and continue my
journey with EQONEX's exceptional team. I look forward to working
closely with Daniel and driving the Company through the next stage
of its growth."
Daniel Ling said, "It is exciting
to join EQONEX at such an important time in the Company's history
and I'm looking forward to contributing to the Company's strategic
plan to deliver institutionally-focused crypto products and
services in a compliance-first way."
EQONEX Chairman Chi-Won Yoon
said, "I would like to thank Andrew for his significant
contributions in helping facilitate the transition towards this
strategic partnership with Bifinity. Andrew played an instrumental
role in driving forward key business initiatives over the past few
months where he also provided valued leadership when he stepped-up
to the position of interim CEO. We wish Andrew continued
success in his future endeavors."
About EQONEX
EQONEX Limited (NASDAQ: EQOS) is a technology-driven digital
assets financial services group that provides institutional-grade
infrastructure and a full suite of trading, custody and asset
management solutions to clients. The Group's digital assets
ecosystem has been designed to accommodate the needs of
institutions and individuals with the same degree of regulatory
oversight and security they are accustomed to in traditional
financial markets. EQONEX's ecosystem primarily encompasses EQONEX
Exchange, a digital asset exchange; Digivault, a FCA accredited hot
and cold digital assets custodian and Bletchley Park Asset
Management, a fund of crypto-hedge funds.
For more information visit: https://group.eqonex.com/
Follow EQONEX on social media on Twitter @eqonex, on Facebook
@eqonex, and on LinkedIn.
About Bifinity
Bifinity, powered by Binance, is a payments technology company
that provides an entry point to the new world of digital currency
for businesses. It offers on-and-off-ramp solutions to empower
businesses to convert fiat-to-crypto transactions using major
payment methods directly.
For more information, visit: https://www.bifinity.com/.
Forward-Looking Information
Any forward-looking statements in this press release are based
on available current market material and management's expectations,
beliefs and forecasts concerning future events impacting
EQONEX. You are cautioned that any such forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties, as well as assumptions, which, if they
were to ever materialize or prove incorrect, could cause the
results of EQONEX to differ materially from those expressed or
implied by such forward-looking statements. The
forward-looking statements made in this press release speak only as
of the date hereof and we disclaim any obligation, except as
required by law, to provide updates, revisions or amendments to any
forward-looking statements to reflect changes in our expectations
or future events.
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SOURCE EQONEX
