Tony G Co-Investment Holdings Announces Appointment of Chief Executive Officer

Rhea-AI Summary

CSE: TONY - Tony G Co-Investment Holdings Ltd. Announces Appointment of Ron Akram as CEO and Interim CFO. Ron Akram brings over two decades of experience in global markets banking, financial services consulting, and regulated functions. Gediminas Klepackas resigns as CEO and Interim CFO.

Positive

• Ron Akram's extensive experience in global markets banking and financial services consulting brings valuable expertise to the company.
• Ron Akram's background as an investment advisor and solutions provider in regulated functions enhances the company's capabilities.
• The appointment of Ron Akram as CEO and Interim CFO signals the company's commitment to strengthening its leadership team.

Negative

• The PR does not provide specific financial data or percentages to assess the potential impact of the leadership changes on the company's performance.

Toronto, Ontario--(Newsfile Corp. - November 7, 2023) - Tony G Co-Investment Holdings Ltd. (CSE: TONY) (the "Company") is pleased to announce that it has appointed Mr. Ron Akram as the Chief Executive Officer and Interim Chief Financial Officer of the Company, as well as a director, effective the date hereof.

Since starting his career in 2001, Ron has held roles as a business operator, investor and trusted advisor to institutions and private clients worldwide.

For over two decades, Ron has worked as a global markets banker, financial services consultant and advisor in a variety of structuring and distribution roles originating and completing transactions in new markets and areas of product and platform innovation in complex regulatory and governance environments. This includes serving as an investment advisor and solutions provider and in regulated functions.

Ron originally qualified as both a Solicitor in England & Wales as well as an Attorney in New York State. Ron was educated at King's College, London (LL.B), Paris I Panthéon-Sorbonne (Maîtrise in Law) and London Business School (MSc in Finance) where he has also served as a course instructor.

Concurrent with Mr. Akram's appointment, Mr. Gediminas Klepackas has resigned as the Chief Executive Officer and Interim Chief Financial Officer of the Company, however, Mr. Klepackas remains on as a Director and the Corporate Secretary of the Company.

For more information, please contact:

Gediminas Klepackas
Chief Executive Officer
Tel: +370 677 73470
Email: gk@tony.holdings

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/186555

FAQ

What is the ticker symbol of Tony G Co-Investment Holdings Ltd.?

The ticker symbol is CSE: TONY.

Who has been appointed as the new CEO and Interim CFO of the company?

Ron Akram has been appointed as the new CEO and Interim CFO of Tony G Co-Investment Holdings Ltd.

What is Ron Akram's professional background?

Ron Akram has over two decades of experience in global markets banking, financial services consulting, and regulated functions, with a background as an investment advisor and solutions provider.

Who resigned from the positions of CEO and Interim CFO?

Gediminas Klepackas has resigned from the positions of CEO and Interim CFO of Tony G Co-Investment Holdings Ltd.