Singapore-based and Australia-listed crowdfunding venture CoAssets Pte Ltd, which trades on the National Stock Exchange (NSX) of Australia, is expanding its board with the appointment of two independent non-executive directors.
Currently, Dr Chi serves as a managing director of Vickers Venture Partners and is the chairman of the Singapore Venture Capital & Private Equity Association (SVCA). He had previously served as an advisor for CoAssets, prior to its listing on the NSX.
Dr Chi is a veteran in the investment and startup venture space in China and Southeast Asia, with notable exits/partial exits including UUCUN, Sunfun Info, Cambridge Real Estate, Real Time Gaming Asia, TWG Tea and Asian Food Channel.
Meanwhile, Chew is a certified professional accountant and handles Asian treasury affairs for global energy & commodity group Mercuria Energy Trading.
HIs expertise in cross border currency transactions will be an asset to CoAssets’ international expansion. Chew recently won Asia’s Best Treasurer at the Corporate Treasurer Marquee Awards 2015, following his capacity to improve companies’ finance and treasury operations in testing environments.
Commenting on the new appointments, Getty Goh, CEO and co-founder of CoAssets said, “As CoAssets is branching out into countries like Indonesia and China, we believe that the company will benefit from their operational experience and industry background.
Goh explained that Dr. Chi’s appointment as an independent directors was in preparation for an aggressive expansion of operations. Meanwhile, Chew’s experience in foreign exchange risk management is considered an essential element necessary to guide CoAssets, as it enters new markets and expands across the region.
Goh added, “From the investors’ perspective, this also shows the company’s commitment to bring the best and brightest on board. The fact that well respected individuals are prepared to join our team goes to show that we are not some fly-by-night start-up but a leader in the crowdfunding space.”