ITOCO Welcomes Mr. Santiago Pablo Obarrio as VP Latin America and to its Board of Directors

Rhea-AI Summary

ITOCO INC. (OTC Pink: ITMC) has announced the appointment of Santiago Pablo Obarrio as VP Latin America and member of the Board of Directors. With over 25 years of experience in sustainable real estate development across various countries, Obarrio's background includes projects in Argentina, the Bahamas, and South America. He co-founded notable organizations in the Blue Economy and has directed several ventures in diverse sectors, indicating a strategic focus on innovative, regenerative projects. This leadership change aims to enhance ITOCO’s presence in Latin America.

Positive

• Appointment of Santiago Pablo Obarrio as VP Latin America expected to bring new perspectives and leadership.
• Obarrio's 25+ years of experience in sustainable real estate may drive innovative projects for ITOCO.
• His background in the Blue Economy aligns with ITOCO's mission in Bio-Tech.

Negative

• The appointment raises concerns regarding potential gaps in experience related to the current operational focus.

TORONTO, ON / ACCESSWIRE / April 21, 2021 / ITOCO INC. (OTC Pink:ITMC) is pleased to announce that Mr. Santiago Pablo Obarrio has joined the organization as VP Latin America, as well as the Board of Directors.

Mr. Obarrio has developed various projects in different countries related to real estate regeneration and has been fully dedicated to help boosting sustainable & regenerative real estate developments for the last +25 years.

He was born In Argentina and has lived in various countries during the past 20 years.

He graduated in 1994 with a degree in Economia Empresarial from Universidad Torcuato Di Tella and then worked in the Ministry of Culture for the Government of Buenos Aires from 1994 to 1996.

During 1996 to 1999 he worked for Banco de Credito in the financial, real estate market.

From 2006 to 2008 Mr. Obarrio co-developed regenerative real estate projects in different regions of South America that included Laguna Blanca (Punta Del Este), Mendoza (wine region of Argentina), and various projects in the city of Buenos Aires.

In 2008 to 2010 he designed an exclusive regenerative project on a desert island in the Bahamas.

From 2010 to 2020 he co-founded and directed different projects and startups related to off-grid technologies, agriculture, entertainment, football, and real estate in countries such as France, Bahamas, Dominican Republic, Colombia, and the USA; e.g., eCO2 and Cool Lab Biorefinery.

His partners co-founded the Gaia Foundation and Global Ecovillage Network with 20 million community members. ECO2 is currently developing an ecoregion regenerative development in Samana, in the Dominican Republic.

Mr. Obarrio is a founder and director of Noah Regen, specialized in the Blue Economy, and is the co-founder of the Blue Consortium.

Noah Region has been winner of several laureates and prizes in the EU, in the blue economy area.

Mr. Obarrio is also a consultant to Cloudburst Foundation, in partnership with the Commonwealth and Common Earth, working to foster the regeneration of the economy, society, biodiversity, and climate in the 53 countries members.

He is also founder of Noah Blue Digital Platform to favor decentralized mid-scale integrated business models, carbon drawdown certification, and to become a financial platform for the blue economy.

Please see www.itoco.net for further information. About ITOCO Inc.:

ITOCO's mission is to be a global leader in developing, distributing, and producing Bio Tech-related technologies and methodologies in a compliant, environmentally friendly manner. ITOCO Inc. trades on the OTC Markets, symbol: ITMC. ITOCO is a 14-year-old publicly quoted specialty Bio-Tech development, production, and distribution company based in Toronto, Canada, and Nevada, USA. Itoco seeks to partner with outstanding individuals and companies within this field to joint venture, research, and co-develop Bio-Tech-related products and technologies to the market.

www.itoco.net

Forward-Looking Statements

This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, potential, intends, plans, hopes, or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties, and assumptions, and actual results could differ materially from those anticipated. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

CONTACT:
Michael Paul, C.E.T.
President & CEO

ITOCO INC
ir@itoco.net
+1-905-829-5000

www.itoco.net

SOURCE: ITOCO Inc.

View source version on accesswire.com:
https://www.accesswire.com/641427/ITOCO-Welcomes-Mr-Santiago-Pablo-Obarrio-as-VP-Latin-America-and-to-its-Board-of-Directors

FAQ

Who is Santiago Pablo Obarrio, and what is his role at ITOCO?

Santiago Pablo Obarrio is appointed as VP Latin America and a member of the Board of Directors at ITOCO, bringing over 25 years of experience in real estate regeneration.

What impact does Santiago Obarrio's appointment have on ITOCO's strategy?

Obarrio's extensive background in sustainable development is expected to strengthen ITOCO's operations and presence in Latin America, potentially advancing its regenerative projects.

When was Santiago Pablo Obarrio appointed to ITOCO's Board?

Santiago Pablo Obarrio was appointed as VP Latin America and to the Board of Directors on April 21, 2021.

What is ITOCO's focus as a company?

ITOCO focuses on developing, distributing, and producing Bio-Tech-related technologies in an environmentally friendly manner.