Tingo Inc, Appoints John J. Brown and Christophe François Charlier as Co-Chairs of the Board of Directors of the Company

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NEW YORK, September 22, 2021 / PRNewswire / – Tingo Inc, OTC Markets (IWBB), announced the appointment of John J. Brown and Christophe Francois Charlier as co-chair to add global market experience to its already strong board of directors and further support the company’s request to list its shares on a national stock exchange such as the New York Stock Exchange

John brown, 63, is the independent co-chairman of the Company. Since 2016, John has also been the Managing Partner of Sands Point Consulting LLC, advising entrepreneurs, founders and senior business leaders to develop new business strategies for a rapidly changing market. From 2009 to 2016, he was Group Managing Director and WMA Executive Committee member for UBS Wealth Management Americas, successfully executing a five-year interdivisional business strategy to bring UBS WMA back to sustainable profitability. From 1995 to 2000 John was Managing Director and Global Head of Convertible Securities Trading at UBS, and from 1980 to 1995 and From 2000 to 2009, he again served as Managing Director of Merrill Lynch & Co., holding executive positions at Merrill Lynch including COO, Operations, Technology & Corp. Group Services. At Merrill Lynch, he was also Head of US Equity Financing and CEO of Merrill Lynch Professional Clearing Corp in its Prime Broker division. He has overseen the exponential growth in client assets of hedge funds and professional traders.

Christophe Francois Charlier, 49, is co-president of the Company. He is an international financier with significant experience in the financial services industry, notably as Chairman of the Board of Directors of Renaissance Capital, the leading investment bank in emerging and frontier markets, from 2017 to 2020. In this capacity , he was responsible for strategic development and key international customer relations, particularly in Africa and emerging Asia. Mr. Charlier is currently independent director of La Française de l’Energie, from France sole producer of carbon-negative energy, Oxus Acquisition Corporation, a Nasdaq-listed PSPC focused on energy transition industries in emerging markets, and Renaissance Insurance, one of that of Russia major insurance companies. He is also president of Pure Grass Films, a Londonproducer of films and television series. Mr. Charlier previously held the position of Deputy Managing Director of Onexim Group, a private investment fund founded by Mikhail Prokhorov from 2008 to 2014, where he represented Onexim on the boards of directors of the main companies in his portfolio. . He has held leadership positions and served on the boards of some of the that of Russia the largest mining companies, RusAl, Polyus Gold and Norilsk Nickel, and other companies in the utilities, financial services, and sports and entertainment industries, including as chairman of the Brooklyn Nets of the NBA. Prior to that, Mr. Charlier had worked as an investment banker at Renaissance Capital and JP Morgan, where he began his career in the M&A group in New York in 1995. Mr. Charlier graduated with distinction with a double degree in finance from the Wharton School and International Relations of the College of Arts and Sciences University of Pennsylvania in 1994. He is the proud father of six children.

CEO of Dozy Mmoubosi, de Tingo commented “I am delighted to welcome these two very experienced executives to the Tingo Board of Directors as Co-Chairman and I believe they will make invaluable contributions to the Board of Directors to improve shareholder value for profit. of all shareholders.

John brown, co-president of Tingo, Inc. said “I am delighted to join the Tingo Board of Directors. I am amazed at what the Tingo team has already accomplished by becoming from Nigeria largest digital agricultural ecosystem and on the way africa leading company in the field of agri-fintech. Tingo has a strong track record of embracing emerging technologies as they are needed to solve the challenges facing the world, such as food security and financial inclusion. Global food security is an important priority, and our unique model will enable this priority and ensure food security in Africa.

Tingo is a next-generation agro-fintech company offering a full platform service through the use of smartphones to strengthen a market that enables nearly 10 million subscribers within and outside the agricultural sector to run their businesses. grow and sell their products to market participants. The Tingo ecosystem provides a ‘one-stop-shop’ solution to enable these subscribers to manage everything, airtime top-ups, bill payment services for utilities and other service providers, access to services. insurance and micro-finance to support their value chain from ‘seed to sale’. Tingo currently processes over 500,000 daily transactions with a gross value of over US $ 8 million.

Tingo wants to be africa leading agro-fintech player transforming rural farming communities to connect through our proprietary platform to meet their comprehensive needs in inputs, agronomy, harvest and market that generate sustainable income in impactful ways.

Tingo Mobile PLC has nearly 10 million subscribers and has provided nearly 30 million mobile devices to its customers in Africa since 2014.

Safe Harbor Statement: This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934; and is subject to the safe harbor created by these sections. This document contains statements about future events and / or expected financial results which are forward-looking in nature and, as such, are by definition subject to risks and uncertainties.

Contact Tingo Inc .: Rory Bowen, Chief of Staff Tingo Inc.
Email: [email protected]

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SOURCE Tingo, Inc.

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