Guardforce AI Co Ltd (NASDAQ:GFAI) has announced a series of appointments to form a revamped management team to support its accelerated growth in the robotics and information security markets.
Firstly, the company said its CEO Lei (Olivia) Wang has been appointed chairman of the board, while continuing to serve in her current role. She replaces Wing Khai (Terence) Yap, who has resigned to pursue other interests, the company said.
Lin Jia, Guardforce’s head of research and development since May, has been named the company’s president. He previously served as COO and CTO at Shenzhen Intelligent Guardforce Robot Co Ltd, a leading robotics company that specializes in the design, manufacturing, and application of service robots in mainland China.
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Meanwhile, Yu-Heng (Brian) Ma is stepping into the CFO position. He previously held the same role at China Grand Star Luxury Cars Investment Holdings Limited and Summi Group. He has experience in fundraising, bank loan restructuring and developing import and distribution strategies to increase profit margins.
He replaces Chung Chi (Cynthia) Ng, who also resigned from the company. Guardforce noted that the resignations were not the result of disagreements with executive management.
"The company and board of directors would like to express our sincere gratitude to Terence and Cynthia for their significant contributions and outstanding leadership they provided Guardforce AI over the years,” CEO and new chairman Lei Wang said in a statement.
“Terence has been instrumental in transforming Guardforce AI during his tenure as chairman, culminating in our uplisting to the Nasdaq Capital Market. We are also thankful to Cynthia for her contributions that have provided Guardforce AI with a solid foundation for long-term financial success. Terence and Cynthia will be missed by the Guardforce AI team, and we wish them success in their future endeavors.”
Additionally, Mingchang (Leonardo) Liu has been appointed chief technology officer, having previously served as manager of the technical development department at Shenzhen GFAI Robot Technology Co Ltd, a wholly-owned and recently acquired subsidiary of Guardforce AI. He specializes in the globalization of high-tech products and is experienced in developing multi-language AI voice interaction solutions.
“The breadth of global experience, the leadership qualities and values of our new leadership team are ideal for leading Guardforce AI through the next phase of our strategic journey, focusing on robotic solutions and information security services,” Lei Wang added. “We have rapidly transformed into a globally integrated security solutions provider, and we believe this new team with tremendous experience in the robotics industry and capital markets will help the company rapidly scale and expand our global footprint.”
Guardforce is a global integrated security solutions provider that is focused on developing robotic solutions and information security services that complement its well-established secured logistics business.
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