Animoca Brands Corporation Ltd (ASX:AB1) has appointed current financial adviser and co-company secretary John Madden to the role of acting chief financial officer.
Madden has more than 30 years’ experience in financial reporting in small and large listed entities and has carried out secretarial roles for Indophil Resources NL, Aura Energy Limited (ASX:AEE) (LON:AURA) and Indian Pacific Resources Ltd.
He brings an extensive knowledge of business analysis, taxation and financing, budgeting and planning, governance and implementation of strategic initiatives.
A large part of Madden’s career was with Rio Tinto Limited (ASX:RIO) in Australia and he also has considerable experience working with several companies in the Asia-Pacific region.
Madden is a Fellow of CPA Australia (FCPA) and a Member of the Institute of Company Directors (MAICD).
Corporate team transition
The company's finance director Raymond Shuai will transition to a new role as director of mergers and acquisitions, with a focus on the financial integration of Quidd Inc and nWay Inc.
Shuai, who has more than 17 years of experience in finance and industry, is a Fellow of the Institute of Chartered Accountants in England and Wales and was a CFA Charterholder from 2006 to 2014.
He holds a Master of Finance degree (Dean’s List) from the University of Cambridge, and a Master of Engineering degree (First Class) from University College London.
Acquisition update
Animoca also intends to complete the acquisitions of Quidd Inc and nWay Inc as part of several matters to be ratified at an upcoming meeting of shareholders to take place within the June quarter of 2020.