Home / 2022 / May / 25

Daily Archives: May 25, 2022

Investments & Wealth Institute Releases ‘Defining Wealth Management’ Report

The report defines knowledge and skills required of professional wealth management practitioners and serves as a blueprint for teams and firms to deliver competent, ethical advisory services to the public.

Denver, Colorado, May 25, 2022 (GLOBE NEWSWIRE) — The Investments & Wealth Institute’s (the Institute) 2022 ‘Defining Wealth Management’ report will be included as a special supplement to the March/April issue of the Institute’s Investments & Wealth Monitor, which will be published this month. The report serves as a blueprint for sole-proprietor practitioners, teams, firms or enterprises that aim to deliver competent, ethical wealth management services to the public.

Over the past three years, the Investments & Wealth Institute, in partnership with third-party psychometric partners, has commissioned several studies to define the knowledge and skills required for practitioners working within wealth management teams and firms. These studies have provided insight into industry trends and have helped the Institute to fulfill its non-profit purpose to develop and encourage the practice of high standards of professional conduct and to promote and protect the interests of the profession and the public it serves.

“We have seen wealth management teams evolve to better serve the sophisticated and complex needs of the clients they serve,” said Sean R. Walters, CAE®, chief executive officer of the Institute. “The team approach, integrating foundational process competencies like financial planning with advanced certifications in investment consulting, private wealth advice, and retirement management, leads to a more complete offering of wealth management services and advice to clients.”

Voluntary certifications enable advisors to obtain and demonstrate the knowledge and skills necessary to perform different jobs within a wealth management firm, while allowing advisors to differentiate their unique expertise. Wealth management professionals today must exhibit capabilities surrounding three distinct jobs that comprise a wealth management practice:

“In the U.S. at least, the regulatory structure is focused more on products and services, and less on professional competencies,” said Walters. “Voluntary certifications shouldn’t replace regulation – they should transcend and include the regulatory framework. We do this by applying sound psychometric methodologies that codify the standards that are needed to perform a job within a wealth management firm or team.”

Advisory professionals must expand expertise on all forms of strategies, styles, products,’ and behavioral biases related to investing to serve their clients. Investments & Wealth Institute professional certifications and educational programs help advisors deliver that value every day.

Click here to read the full report.

About Investments & Wealth Institute
Founded in 1985, the Investments & Wealth Institute is the premier professional association, education provider and standards body for financial advisors. Through its award-winning events, publications, courses and acclaimed certifications — Certified Investment Management Analyst® (CIMA®), Certified Private Wealth Advisor® (CPWA®) and Retirement Management Advisor® (RMA®) — the Institute delivers Ivy League-quality, highly-practical education to more than 30,000 practitioners annually in over 40 countries. Members of the Institute include the industry’s most successful investment consultants, advanced financial planners and private wealth managers who embrace excellence and ethics in applying a broad set of knowledge and skills in their daily work with clients. Learn more at www.investmentsandwealth.org.

Maureen Walker
Investments & Wealth Institute

New National Geographic Series Chasing Answers Spotlights KAUST’s Emergence as a Global Scientific Research Hub

Chasing Answers


Four-part documentary delves into groundbreaking work conducted by teams of staff and students

THUWAL, Saudi Arabia, May 25, 2022 (GLOBE NEWSWIRE) — National Geographic is shining the spotlight on Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) in Chasing Answers, a new four-part series that explores the emergence of the Thuwal-based institution as a hub for groundbreaking scientific research and development in the region and the world. The documentary, produced by National Geographic, will premiere on National Geographic (English) and National Geographic Abu Dhabi (Arabic) on Wednesday, June 1st at 9pm KSA.

Home to elite scientists from all over the world, KAUST focuses on research that applies science and technology to areas of global concern. The series delves into three areas in particular – human need, social advancement and environmental sustainability – highlighting important projects with significant impact on both nature and mankind.

Episodes include Powering the Future, which will take a look at a team of KAUST researchers, as they spend countless hours tackling climate change and testing alternative energy solutions. Red Sea Explored is a deep dive into projects that include underwater internet and coral spawning.

Chasing Answers


The episode (Feeding) The 10 Billion Challenge shows the inroads being made by the KAUST team in answering the ever-daunting question of how to feed the world’s growing population. We Are Doers focuses on a group of problem-solvers as they look for ways to use technology to help overcome issues ranging from the global microchip shortage to filling knowledge gaps in our understanding of the past and our ambitions for the future.

Chasing Answers will air at 9pm KSA time each Wednesday for four weeks starting June 1st.

About King Abdullah University of Science & Technology 

Established in 2009, King Abdullah University of Science and Technology (KAUST) is a graduate research university devoted to finding solutions for some of the world’s most pressing scientific and technological challenges in the areas of food and health, water, energy, environment and the digital domain. KAUST is a curiosity-driven, interdisciplinary problem-solving environment, with state-of-the-art labs, distinguished faculty talent, and 20 research areas related to these themes.

KAUST brings together the best minds from around the world to advance research. More than 100 different nationalities live, work and study on campus. KAUST is a catalyst for innovation, economic development and social prosperity in Saudi Arabia and the world, with research resulting in novel patents and products, enterprising startup businesses, collaborative regional and global initiatives, and original published papers.

To learn more visit kaust.edu.sa.

For more information, please contact global.pr@kaust.edu.sa

Photos accompanying this announcement are available at

A video accompanying this announcement is available at

Lega Serie A Lands in the US, De Siervo Launches ‘Calcio is Back’ in New York

Opening event at the Metropolitan Museum of Art, attended by Vieri, Del Piero, Pirlo and Nesta


Charlie Stillitano, right, Managing Director for U.S. Lega Serie A, listens as Luigi De Siervo, left, CEO of Lega Serie A, speaks during the ‘Calcio Is Back’ gala dinner to kick-off Italy’s Lega Serie A soccer arrival to the U.S., Tuesday, May 24, 2022, at the Met in New York. (AP Photo/Bebeto Matthews)

NEW YORK, May 25, 2022 (GLOBE NEWSWIRE) — The Lega Serie A lands in the United States. And it does so in grand style, launching a new ‘historic phase’ for Italian football, with the inaugural event ‘Calcio is Back’ at the Metropolitan Museum of Art in New York, a prestigious venue for world-famous brands. Many personalities from the institutional, entrepreneurial, cultural, sporting and entertainment worlds attended the event, including all the Lega Serie A clubs and legends such as Alessandro Del Piero, Alessandro Nesta, Andrea Pirlo and Christian Vieri, ‘Ambassadors of Lega Serie A’, as well as NBA and NFL champions. “It’s a project that started more than two years ago: we strongly believe in it and it’s finally happening, 20 years later than it should have,” explained Luigi De Siervo, CEO of Lega Serie A, at a press conference in New York to present the project.

“Those who came before us had only focused on Italy, which is fundamental in terms of turnover;” now is the time to do what should have been started two decades ago, with “the beginning of globalisation. Until now,” De Siervo explained, “the Serie A had focused on other priorities.”

The operational and institutional centre of the project ‘Calcio is Back’ in the US will be the recently opened office of the Lega Serie A in New York, in Chelsea Manhattan, 133W 25th street. The opening of the first international office marks the start of a project that will allow the Lega and its 20 member clubs to create new synergies while strengthening the relations with institutions, broadcasters, brands and fans overseas.

The opening of the Lega’s New York office, De Siervo continued, is aimed at “progressively growing” the Serie A product, at “making up for lost time and reaching everyone in the United States who watches football.” De Siervo then expressed his “enthusiasm” for the relationship with CBS, the Lega Serie A’s main broadcaster in the United States. “We are actively working to put them in a position to increase their audience.”

The investment for the launch in the US is currently quantified at between €1 million and €3 million, “but it can still be increased,” says De Siervo, anticipating that “two more hubs such as the one in New York” will be opened and that the aim “is to have a series of offices around the world within a year and a half.”

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola barbara.sanicola@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3ef91ba0-d8b9-4084-934b-f4b72e083d79

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Italy-USA: Los Angeles Will Host the ‘Italy 5K Run’ on June 2

A 5-kilometer run open to everyone to celebrate Italy’s Republic Day

Silvia Chiave, Italian Ambassador in Beverly Hills with the Italian Chamber of Commerce and Beverly Hills Chamber of Commerce.

Silvia Chiave, Italian Ambassador in Beverly Hills with the Italian Chamber of Commerce and Beverly Hills Chamber of Commerce.

LOS ANGELES, May 25, 2022 (GLOBE NEWSWIRE) — The idea behind it is that of an Italian-style ‘street party’: a 5-kilometre mini-marathon open to all, “to gather around June 2 and our flag all the communities in the area.” In an interview with LaPresse, Silvia Chiave, Consul General of Italy in Los Angeles – a city home to some historic Italian communities as well as to the new ‘immigrants’, made up of researchers, students and high-tech entrepreneurs – explained the meaning of the ‘5K Run’ that will take place on June 5 along the streets of Los Angeles Harbor, in front of the Pacific Ocean, to celebrate Italian Republic Day. The idea, the Consul explained, stems from an initiative that has been taking place in New York since 2018: “Then, there was the pandemic, but last year I thought we could finally organise activities in presence.” In addition to the ‘Run’, which will start at 8am on June 5 from San Pedro, there will be a “street party, with animation, music, games for children and families, food, coffee, ice cream… it will be fun,” the Consul assured.

The main sponsor of the initiative, Chiave further explained, is Enel X Way, i.e. Enel’s new division active in the fields of sustainability and electric mobility, which was set up a few weeks ago. “Enel is one of the flagships of Italian companies,” the Consul pointed out, “It has a global reach and a strong presence in this market.” The guest of honour at the event will be Joe Buscaino, the only Italian-American member of the Los Angeles City Council and former candidate for mayor of the city; other well-known personalities will attend, including Alessandro Del Piero. Participants in the June 5 ‘Run’ will receive a variety of gifts and prizes, including two round-trip Rome-Los Angeles airline tickets offered by ITA, which opens the route to the Californian city on June 1, and two nights in two luxury hotels in Tuscany. However, Consul Chiave stressed, “This run is for everyone and families with buggies are also welcome.” The proceeds of the tickets will go to two non-profit organisations: the Little Italy Los Angeles Association and Fondazione Italia, which will allocate them, among other things, to projects for the teaching of the Italian language.

This year’s Republic Day and the ‘5k Run’ organised to celebrate it come at a particularly busy time for the Consulate, Chiave told us: “The number of compatriots continues to increase and we are running at full capacity. Registrations in the AIRE (Register of Italians Residing Abroad) have increased. This place is very attractive, and we try to uphold our services to the level of this very demanding community of Italian-Americans.” In Los Angeles, between world-class universities, capital and companies, the Consul explained, “there is a unique ecosystem for start-ups” in the technology sector.

In short, LA is not only the city of entertainment; the profile of Italians moving here, “very educated young people,” is “very high,” and for this reason, perhaps, they are “more difficult to reach, because the city is huge.”

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola barbara.sanicola@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/059fde0b-8650-4b98-ac2c-c21150ff1213

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Philips Foundation publishes its 2021 Annual Report

May 25, 2022

  • Over 17 million people in underserved communities provided with access to quality healthcare in 2021
  • New social impact investment vehicle established to help nurture early-stage social enterprises
  • Disaster relief in times of crisis highlighted by today’s humanitarian assistance to war-torn Ukraine, and projects responding to the COVID-19 pandemic

Amsterdam, the Netherlands Philips Foundation, with its mission to provide access to quality healthcare for underserved communities through meaningful innovation, today  announced the publication of its 2021 Annual Report.

The report highlights 24 projects initiated by Philips Foundation in collaboration with NGOs, government organizations, and community groups in 2021 that helped deliver better access to quality healthcare for more than 17 million people in underserved communities around the world, more than double the number the year before. In total, 28 new initiatives were started, including support for 8 social enterprises and 9 new projects to help hospitals and communities respond to the ongoing COVID-19 pandemic. The report also highlights Philips Foundation’s newly-incorporated social impact investment vehicle, which nurtures early-stage social enterprises.

“Donations alone do not sustainably improve healthcare systems. Maximum impact and long-lasting change can only be achieved through meaningful innovation born of a thorough understanding of local context and needs, cultural behaviors, and standard practices, together with the myriad details associated with the rollout of new solutions or services,” said Margot Cooijmans, Director of Philips Foundation. “Our success in 2021 means we are well on our way to realizing the foundation’s ambition of providing better access to healthcare for 100 million people a year in underserved communities by 2030.”

Philips Foundation focuses on non-communicable diseases (NCDs), mother and child care, and acute (emergency) care, digitalizing and integrating technology-enabled healthcare solutions for underserved communities. The foundation explores ways to empower community health workers by providing them with tools, technologies, and skills that enhance the quality of care they can deliver. Increasing the probability of sustaining healthcare services and make them independent of donations, the foundation supports social entrepreneurs that share its commitment to create positive social impact. Examples of how these approaches are bringing about lasting change include:

  • Deploying technology-enabled solutions Despite its recognized benefits, diagnostic imaging to identify high-risk pregnancies is insufficiently available in many low-resource rural and remote areas, due to a shortage of trained physicians, as well as barriers such as a lack of awareness, distance to hospitals, and high out-of-pocket expenses. For example, Philips Foundation supports multiple projects that leverage the tele-health capabilities of Philips’ handheld point-of-care ultrasound platform to deliver expert remote learning programs for sonographers and midwives, as well as providing real-time support.
  • Empowering community health workers – Completing the ‘last mile’ to connect people living in remote communities with their healthcare system often remains a challenge in limited-resource settings. In collaboration with the ‘Save a Mother’ initiative in Kenya, Philips Foundation is helping to provide community-based healthcare workers with a backpack full of diagnostic devices, from a contactless thermometer to a blood pressure monitor and an automated respiratory rate counter, that helps them diagnose conditions such as pneumonia, early-stage diabetes and high-risk pregnancies.
  • Supporting social entrepreneurs – International NGOs typically fly in two-thirds of the aid supplies they need when responding to a humanitarian crisis because they cannot easily leverage local supply chains. Through its social impact investment vehicle (Philips Foundation Impact Investments B.V.), Philips Foundation is providing financial support and guidance on how to scale up social enterprises such as Solvoz, which created a digital procurement platform that allows aid organizations to quickly identify local sources of the equipment and services needed for rapid disaster response.

Disaster relief in times of crisis
Philips Foundation’s mission is to provide lasting access to healthcare to underserved communities, as well as disaster relief in times of crisis. The foundation helped launch 9 new COVID response projects in 2021, bringing the total number during the pandemic to 50. In response to the humanitarian crisis caused by the war in Ukraine, it is providing ongoing support to get medical equipment, field hospitals, mother and child care products, and medical support to those most in need.

Establishing sustainable healthcare for underserved communities
In September 2021, Philips Foundation incorporated Philips Foundation Impact Investments B.V. – a social impact investment vehicle that aims to accelerate the development of potentially high impact access-to-care opportunities and reduce healthcare inequality by nurturing early-stage social enterprises through investment and support. In 2022, Philips Foundation will also establish the Philips Foundation Knowledge Hub – an open resource database showcasing the projects and the lessons learned as well as scientific articles and findings from Philips Foundation projects with partners around the world.

To read the full Annual Report, click here.

For further information, please contact:

Yannick Eshuijs
Philips Foundation
Tel.: +31 6 1852 6633
E-mail: yannick.eshuijs@philips.com

Ben Zwirs
Philips Group Press Office
Tel.: +31 6 1521 3446
E-mail: ben.zwirs@philips.com

About Philips Foundation
Philips Foundation is a registered non-profit organization established in 2014 – with a mission to provide access to quality healthcare for underserved communities across the globe. By leveraging Philips’ capabilities and combining them with the experience and expertise of non-governmental organizations and other community-focused and impact-driven enterprises, Philips Foundation helps create innovative pathways to open up affordable healthcare for communities most in need. By also partnering with innovative social entrepreneurs rooted in the local ecosystem, Philips Foundation aims to increase access to healthcare for 100 million people a year by 2030. More information on can be found at www.philips-foundation.com


Schneider Electric Accelerates Journey to Next Generation Sustainable Industry at Hannover Messe 2022

  • Launches new software, hardware and services innovations to enable industry to accelerate sustainability commitments
  • Reduces electrical energy consumption by 50% in its motor management suite
  • Expands its portfolio of SF6-free green and digital MV switchgear with GM AirSeT™
  • Continues to advance customer business resilience and extends preventive condition-based maintenance service plan to variable speed drives

Hannover Messe – May 25, 2022 Schneider Electric, the leader in the digital transformation of energy management and automation, will unveil several innovations at Hannover Messe 2022 with a single aim: accelerate the path to net zero CO2 emissions for customers and partners.

“Industry continues to undergo a massive period of change,” said Barbara Frei, Executive Vice President, Industrial Automation at Schneider Electric. “Our vision, however, remains constant. We want to create an efficient, open and sustainable industrial world able to adapt to changes in demand, supply chains, technology, and regulations. Digital solutions are by far the fastest way to decarbonize and future-proof operations for employees. Our technology, combined with AVEVA insights, enables enterprises to reach the next industrial generation with unseen levels of efficiency, resiliency and sustainability. With every piece of technology, we aim to empower our customers and their workforce to achieve their sustainability targets.”

Innovations of the Future

Schneider Electric is proud to unveil a range of offers and partnerships, enabling the next generation sustainable industrial world:

  • EcoStruxure Automation Expert 22.0 is the next version of the world’s first software-centric industrial automation system, further enhancing its sustainability capabilities and flexibility in consumer-packaged goods, logistics, water and wastewater operations.
  • EcoStruxure Machine Expert Twin is a scalable digital twin software solution designed to manage the entire machine lifecycle. The software enables original equipment manufacturers (OEMs) to create digital models or real machines to improve efficiency and sustainability, reduce commissioning time, time to market as well as increasing quality costs.
  • An upgrade to the motor management solution, delivers a holistic approach to asset management with an advanced digital management approach. It unifies energy and automation management systems, providing performance optimization (50% less motor downtime), improved return on investments and efficiency across an entire plant (50% less electrical energy consumed).
  • EcoStruxure Service Plan now available for variable speed drives. Harnessing the combined power of our EcoStruxure platform with both remote and on-site expertise, the service provides condition-based maintenance that enables dynamic scheduling for the maintenance of variable speed drives. By remotely monitoring the health of the drives, the solution can anticipate issues and propose corrective actions that can be implemented on-line or on-site with our Field Services Team, complemented by asset health reports and annual consulting. This allows customers to get the right maintenance at the right time, meaning, significantly reducing unscheduled and unnecessary downtime, optimizing site operations, and improving safety for operators and equipment.
  • Schneider Electric showcases GM AirSeT™, the latest addition to its growing family of SF6-free medium voltage switchgear. The latest green and digital solution powered by pure air enables industries and utilities to reduce environmental impact and optimize maintenance and operations.
  • Strengthening Partnerships for Sustainability by empowering partners to look towards supporting and growing with Schneider’s partner ecosystem. The new program includes comprehensive education and training, a simplified product portfolio, an open and collaborative support ecosystem and digital knowledge and expertise. Complementing the Partnerships for Sustainability program are new products in its TransferPacT, PowerPacT and TeSys Giga ranges.
  • Stratus, Schneider Electric and Avnet Integrated are bringing the capabilities of the data center to the network edge. The combination of EcoStruxure™ Micro Data Centre with Stratus® ftServer® enables fast deployment of zero-touch Edge Computing data centres ready for the challenges of an industrial setting.
  • The integration of ETAP’s digital twin solutions with EcoStruxure Power Operation. The integration allows power system engineers to make more informed decisions, avoid potential operator mistakes and plan future systems expansion, improving response times and contingency actions.
  • Schneider Electric introduces the new 24V DC Easy UPS. Created for commercial and industrial environments where power disruption risks business output, the new Easy-UPS minimizes downtime and protects equipment resulting in reduced machine maintenance, and improved control over industrial infrastructure.

“We are proud to be demonstrating the latest collaborations between Schneider Electric and AVEVA at Hannover Messe. Visitors will have the opportunity to discover first-hand how our new concept of Advanced Operations Control can empower industrial businesses. Data-led innovation to accelerate industrial digital transformation is how we contribute to a more sustainable future with Schneider Electric.” said Caspar Herzberg, Chief Revenue Officer, AVEVA.

Schneider Electric key Hannover Messe sessions  

Through keynote presentations, innovation sessions, panel discussions, and interviews with Schneider Electric spokespeople, customers, partners including AVEVA, and industry experts, the company will celebrate the agility and adaptation that has occurred over the past year.

Monday, 30 May

[3-4 PM CEST] Press conference
Schneider Electric and AVEVA executives discuss the company’s strategic thinking and Industries of the Future vision.

Tuesday, 31 May

[9:30-10:30 AM CEST] Press breakfast
An opportunity to find out about Schneider Electric and AVEVA’s latest solutions for industrial resilience, agility and sustainability.

30 May – June 2: Innovation Talks

Innovation Talk 1: Our resilient and sustainable future
Speakers: Niels Wessel, Offer Manager, Industrial Automation, DACH
Karim Helal, Global Innovation Ambassador

The need for next-generation smart manufacturing is urgent. Industrial enterprises need more innovation, automation, eco-efficiency, and agility at all levels – not only for the sustainability of the planet but also for the sustainability of the businesses themselves.

Join this Innovation Talk to learn:

  • How to increase your operational sustainability by digitally integrating energy and automation systems
  • Ways to grow responsible profitability with advanced analytics and industrial software
  • When to tap into domain experts for safety, efficiency, and sustainability
  • The cybersecurity topics you need to know about right now
  • How to leverage an ecosystem of trusted partners to reach and surpass your operational goals

Innovation Talk 2: Next generation industrial automation
Speakers: Leif Juergensen, System Marketing, Next Gen Automation Incubator
Marissa Mueller, Global Innovation Ambassador

The way goods and services are procured, produced, delivered, and consumed is increasingly driven by information technology. More work is done remotely. More interactions are digital. And more operations are automated.

Thriving as a modern industrial operation requires a digital way of thinking, where software and data play starring roles.

Join this talk to learn how to make your operation sustainable, agile, and resilient through secure software-centric industrial automation.

Innovation Session 3: Electricity 4.0 – Our Fastest Route to Net Zero
Speakers: Gerold Goeldner, Head of Marketing Sustainability, Europe Operations and Cordelia THIELITZ, VP Strategy, Europe Operations

Liani Toro Caballero, Global Innovation Ambassador

Over 80% of CO2 emissions are energy-related and over 60% of energy is wasted. To tackle climate change, we need to make energy green and smart. The solution is a world that is more electric and more digital. We call it Electricity 4.0.

In this Innovation Talk, you will:

  • Discover how electricity makes energy green, as it is the most efficient energy and the best vector for decarbonization
  • See how digital innovation makes energy smart, making the invisible visible to eliminate waste
  • Learn how the four industrial revolutions have evolved in parallel with electrical revolutions
  • See how we are helping customers build the New Electric World everywhere and accelerating their journey to net zero

Ahead of the Hannover Messe 2022 event, Schneider Electric has been awarded with the Gold 2022 Hermes Creative Award by the Association of Marketing Communication Professionals (AMCP) in the Event Marketing category, for the “Discover Industries of the Future at Hannover Messe 2022” campaign.

Get your free promo code via this link to join us at Hannover Messe 2022 (30 May – 2 June), an event exploring what industry leaders, including Schneider Electric, are doing to drive the Industries of the Future forward.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, endpoint to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.


       Follow us on:      

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights.

Additional resource:

Hashtags:  #IndustriesOfTheFuture #NextGenAutomation #IndustrialAutomation #UniversalAutomation #EcoStruxure

Azerion announces Executive Committee and Management Board change

Amsterdam, 25 May 2022 – Azerion today announced the appointment of Ben Davey as chief financial officer (CFO), effective as of today. After a distinguished career of nearly 3 years as Azerion CFO and member of the Management Board, Maria del Dado Alonso Sanchez has decided to step down from her roles, leaving the group to pursue other opportunities. She will be available to support the transition until 31 August 2022.

The Supervisory Board will nominate Ben as a member of Azerion’s Management Board at an extraordinary general meeting expected to be held later this year.

Azerion’s co-CEO, Atilla Aytekin said: “I am delighted to welcome Ben as our new CFO, as he combines broad finance and capital markets experience with a deep knowledge of Azerion. I am very grateful to Dado for her tremendous contribution to Azerion over the last few years. She has been instrumental in preparing Azerion for our next chapter as a listed company.”

Ben is currently chief strategy officer at Azerion. He has over 29 years of professional experience in Law, investment banking, strategy and corporate venture capital with an extensive track-record in public and private M&A, equity and debt capital market transactions.

Investor Relations


This communication may contain information that qualifies as inside information within the
meaning of Article 7(1) of the EU Market Abuse Regulation.

This press release may include forward looking statements. All statements other than statements of historical facts may be forward looking statements. Words and expressions such as believes, estimates, plans, projects, anticipates, expects, intends, may, will, should or other similar words or expressions are typically used to identify forward-looking statements. Forward-looking statements