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Emerging Markets Report: Women Rule the World

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GoLogiq, Inc. (OTC:GOLQ) has appointed Candice Beaumont to its board of directors, bolstering its commitment to gender diversity in the fintech sector. Beaumont, an experienced finance and investment executive, brings significant expertise to the company. The fintech industry currently exhibits a gender disparity, with only 37% of employees and just 11% of board members being women. Beaumont's appointment is part of a broader movement aimed at improving representation and potentially increasing returns on investment for companies. GoLogiq specializes in fintech and consumer data analytics, focusing on mobile solutions for digital transformation in Southeast Asia.

Positive
  • Appointment of Candice Beaumont to the board may enhance company governance and strategic direction.
  • Increased focus on gender diversity could attract more investments and customer trust.
Negative
  • None.

An Emerging Markets Sponsored Commentary

ORLANDO, Fla., Jan. 27, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (“GoLogiq”) (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has appointed a new member to its board of directors, Candice Beaumont, a senior international finance and investment executive.

The Fintech industry, like many business sectors, has an unequal gender split. Let us break it down for you using data provided by Findexable and LendIt Fintech.

Women in the Fintech Industry account for…

  • 37% of employees
  • 19% of executives
  • 11% of board members
  • 1.5% of founders

Candice Beaumont’s appointment to GoLogiq’s board of directors of GoLogiq, Inc. is crucial for its success because many believe that the future of fintech is female.

According to Fintech Circle, the UK’s number 1 Fintech Community, 73% of women are not satisfied with their financial services and it is up to them to change this. Fintech Circle states that ”experiencing these problems firsthand, female fintech leaders will bring unique perspectives to the fintech space and make the right products for women.” FinTech Circle also pointed out that increasing the number of female leaders in Fintech would not only be closing the gender gap but could also increase companies’ ROI “dramatically.”

About Candice Beaumont

Candice Beaumont is a member of the board of directors of several SPACs, including Clean Earth Acquisition Corp. (Nasdaq: CLINU). She also serves as an advisor to Athena Technology Acquisition Corp. and Springwater Situations Corp.

Candice Beaumont is an advisory board member of the Family Office Association, a global membership organization exclusive to single family offices and families of significant wealth. She is a NYU Stern Family Office Council member and serves on its steering committee. She also serves on the steering committee of the Yale University School of Management College of Family Offices, as well as the Princeton University Council of Family Offices and Endowments.

Beaumont is committed to advancing important community and philanthropic causes. She currently serves on the International Council of Advisors for Global Dignity, a charity which was founded by Young Global Leaders of the World Economic Forum to foster global respect and dignity across all borders, genders, religions and races. She also previously served on the board of directors of Most Valuable Kids of Greater New York, a charity that helps reward and inspire underprivileged children by providing them access to sports events.

She is passionate about gender parity and is a steering committee member for A Call to Action for Gender Equality: Achieving ‘Planet 50-50’ by 2030 conference in support of United Nations Women and the Women’s Foundation for Gender Equality. She is also chairperson for the Women Directors Institute which seeks to increase participation of women on corporate and charitable boards.

For more on GoLogiq Inc., visit: https://gologiq.com/

About GoLogiq, Inc.:
GoLogiq, Inc. provides mobile solutions for digital transformation and financial inclusion in Southeast Asia and emerging markets. Its software platforms include CreateApp, a mobile app development and publishing platform for small business; AtozGo, a hyper-local app-based delivery system for ordering and fulfillment needs of residential and office towers; and AtozPay, an eWallet for mobile top-up, e-commerce purchases, bill payment, and microfinance in Indonesia.

About The Emerging Markets Report:
The Emerging Markets Report is owned and operated by Emerging Markets Consulting (EMC), a syndicate of investor relations consultants representing years of experience. Our network consists of stockbrokers, investment bankers, fund managers, and institutions that actively seek opportunities in the micro and small-cap equity markets.

For more informative reports such as this, please sign up at: https://emergingmarketsconsulting.com/

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EMC has been paid $25,000 by GoLogiq, Inc. and has been paid an additional $25,000 by Lynette Hannahs on behalf of GoLogiq, Inc. EMC does not independently verify any of the content linked-to from this editorial. https://emergingmarketsconsulting.com/disclaimer/

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FAQ

What is GoLogiq's latest board appointment?

GoLogiq appointed Candice Beaumont, an international finance and investment executive, to its board of directors.

What does the appointment of Candice Beaumont mean for GoLogiq?

Her appointment is expected to improve governance and promote gender diversity within the fintech industry.

How does the fintech industry currently represent women?

In the fintech industry, women account for 37% of employees, 19% of executives, and only 11% of board members.

What is GoLogiq's focus in the fintech space?

GoLogiq focuses on providing mobile solutions for digital transformation and financial inclusion in Southeast Asia.

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