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The Markets
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Tech

Fobi AI appoints Annie Chan as its first full-time chief financial officer

"As CFO, Annie is another key strategic addition to our team, and I look forward to working together and seeing her impact on our corporate strategy and growth initiatives," Fobi CEO Rob Anson said

Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc said it has appointed Annie Chan as its first full-time chief financial officer (CFO), effective April 1, 2022.

The company noted that Chan has over 15 years of post-qualification experience with publicly listed companies covering sectors in SaaS, telecommunications, mining and financial services. Most recently, she held the role of chief financial officer with RESAAS Services Inc, a real estate digital cloud platform, where she played a cross-sectional role, enabling data-driven decisions to acquire and engage RESAAS's 400,000 users.

"Annie's experience driving growth and revenue at emerging tech and cloud companies makes her the perfect choice to help take Fobi to the next level. As CFO, Annie is another key strategic addition to our team, and I look forward to working together and seeing her impact on our corporate strategy and growth initiatives," Fobi CEO Rob Anson said in a statement.

READ: Fobi AI says its CheckPoint solution was chosen as the venue management solution for a recent prestigious awards show

Previously Chan was the CFO of Urban Communications (TSX-V:UBN) Inc, a fibre optic internet company where she was instrumental to its acquisition by a global conglomerate in 2017. Chan is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Commerce degree from the University of British Columbia.

“I am excited to join Fobi at this inflection point in their growth trajectory. In a world where data is plenty but information is scattered, Fobi's focus on digital transformation converts static information into data that can be acted upon, enabling users to engage with their customers in a meaningful way," Chan said. “Fobi's continued AI-driven data and product innovations will only enhance the quality of its suite of products. I see significant scalability for Fobi and I look forward to working with the team in executing the Company's strategic and financial goals."

Fobi's current part-time CFO, Mark Lotz, will end his tenure after ensuring a smooth transition period, returning to his CPA consulting company.

The company announced that on April 1, 2022, Sheona Docksteader was appointed as an officer as its corporate secretary. Docksteader has more than 10 years of corporate secretary & Securities Paralegal experience, with a particular focus on working with small and mid-cap companies.

The company added that in combination with the appointments, 600,000 stock options were granted.

Contact the author at jon.hopkins@proactiveinvestors.com

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