GXS BANK ATTAINS REMARKABLE ONBOARDING EFFICIENCY WITH FICO PLATFORM

SINGAPORE, May 30 (Bernama) -- FICO (NYSE: FICO): GXS Bank (GXS), Singapore’s first digital bank for consumers and businesses, is using the industry-leading capabilities of FICO® Platform to streamline its onboarding process for GXS FlexiLoan, its personal loan product. This has resulted in an onboarding time of under three minutes for the vast majority of approved GXS FlexiLoan applications.

GXS uses FICO Platform to automatically generate credit decisions in milliseconds, executing complex policy rules that utilise traditional and alternative data, to provide loans to a wider pool of consumers without compromising the bank’s credit risk appetite.

GXS leverages user-permission data from its ecosystem partners, Grab and Singtel, to expand credit access to underserved users. Utilizing data from 'super app’ Grab, a dominant force in Southeast Asia akin to Uber in the Americas, and Singtel, a major regional telco, offers valuable insights. This ecosystem data is then layered onto information from conventional sources like credit bureau scores. By integrating these datasets, GXS enhances applicant assessments, providing more accurate evaluations and personalized interest rates.

For full release, click here: http://mrem.bernama.com/viewsm.php?idm=48701

KOLMAR BNH EXPANDS ITS GLOBAL MARKET BY LAUNCHING HEMOHIM G IN TAIWAN

SEOUL, South Korea, May 29 (Bernama-BUSINESS WIRE) -- Kolmar BNH (KRX: 200130), a prominent Korean health functional food Original Development Manufacturing (ODM) firm, announced that it has unveiled its latest offering, HemoHIM G, in Taiwan. This introduction is part of the company's endeavor to expand its presence in global markets.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20240527924165/en/

 

HemoHIM G represents an enhanced iteration of HemoHIM, tailored to meet the distinctive tastes of consumers in Taiwan and Europe.

Kolmar BNH plans to expedite its market expansion in Asia by launching HemoHIM G in the Taiwan market on May 15. HemoHIM G, tailored for international export, has made meticulous adjustments in raw materials and ingredient proportions to comply with varying food regulations across different jurisdictions. Key ingredients such as Angelica sinensis, Ligusticum chuanxiong, and Paeonia lactiflora went through rigorous sourcing procedures, accompanied by stringent quality control measures. The taste and aroma profiles were tailored to suit the preferences of European consumers.

Furthermore, in April, Kolmar BNH's research findings on HemoHIM G were published in the esteemed academic journal 'Toxicological Research,' accredited at the SCIE level. These findings, which adhere to OECD guidelines, hold paramount significance as they not only validate the product's safety for regulatory compliance in diverse markets but also bolster intellectual property rights through reliable results.

HemoHIM, Kolmar BNH's flagship product, is distributed through its partner Atomy. The product has achieved remarkable milestones, surpassing KRW 2 trillion in cumulative sales at home and abroad since its launch. The product's success is attributed to Kolmar BNH's research and development capabilities, coupled with enduring consumer trust built over time.

The product name HemoHIM derives from the fusion of ‘HEMO (hemoglobin)’ and ‘HIM (H: hematopoiesis, I: immunity, and M: modulation)’. It encompasses extracts sourced from natural medicinal herbs such as Angelica gigas, Cnidium officinale, and Paeonia japonica. This accomplishment is a result of the collaborative endeavors of Kolmar BNH, established jointly by the Korea Atomic Energy Research Institute and Kolmar Korea, with a budget of KRW 5 billion over eight years.

Notably, the Korea Atomic Energy Research Institute, an institution concerned with radiation, has reinforced trust in HemoHIM, as it initiated research for self-protection purposes. This collaboration, combined with Kolmar BNH's expertise in commercialization and production technology, culminated in the successful development of a blended substance that enhances immune function.

HemoHIM gained recognition from the Ministry of Food and Drug Safety in 2006 as the first individually recognized functional raw material in Korea for enhancing immune function. It marked a pioneering milestone in functional food development within Korea, particularly at a juncture when research and raw materials for improving immune function were scarce.

Kolmar BNH has been reinforcing reliability through sustained research and development endeavors since the launch of HemoHIM. Consistently allocating more than 2% of its annual sales to R&D initiatives for new developments, the company achieved a significant milestone by integrating fatigue improvement functionality into HemoHIM. This came six years after the 'HemoHIM sustainable technology development project' began in 2017.

Kolmar BNH has grown by leaps and bounds with HemoHIM. In 2015, when it was listed on Korea’s key stock market KOSDAQ, the company posted sales of KRW 236.2 billion, and last year it surged 145% to KRW 579.6 billion.

An official from Kolmar BNH said, "The enduring appeal of HemoHIM among consumers underscores its proven functionality. We will remain steadfast in our commitment to advancing research and development efforts to uphold HemoHIM's status as Korea's premier functional health food." 

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MUTUAL BENEFIT GROUP WINS DUCK CREEK STANDARD OF EXCELLENCE CUSTOMER AWARD AT FORMATION '24

Mutual Benefit Group (MBG) Takes Home the Standard of Excellence Customer Award for the Integration of SPLICE Software with Duck Creek OnDemand Claims.

BOSTON, May 30 (Bernama-GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, chose Mutual Benefit Group (MBG) as a 2024 Standard of Excellence Customer Award winner at Formation ’24 in Dallas.

The Duck Creek Standard of Excellence Customer Awards recognize customers who have achieved the highest level of excellence through their implementation of Duck Creek solutions and who have a vision to advance their business, while reimagining the future of insurance.

MBG earned the Standard of Excellence Customer Award for integrating the SPLICE Software texting solution and SPLICE NPS Survey Solution with Duck Creek OnDemand Claims.

MBG was looking to improve its claim process to be more personalized and proactive with its policyholders by keeping them informed at every point of the journey. MBG leveraged the Duck Creek and SPLICE partnership and integration to elevate the claims experience. This allowed MBG to utilize an innovative claims solution while ensuring their clients are kept well informed with the right data at the right time.

MBG was introduced to SPLICE at the Duck Creek Technologies 2022 Formation Conference in Orlando, Florida. SPLICE offers automated customer experience communication products – namely an innovative, automated texting solution. The goal of this project was to support MBG’s digital transformation by adopting this strategic communication program.

Today, MBG continually keeps their claims customers informed with text through thirteen different touchpoints of the claim. The Duck Creek platform was also configured to automatically document the claim file when the SPLICE notification is sent and logs any errors that may occur.

The versatility and support of both SPLICE and Duck Creek allowed MBG to fully integrate and automate messages while retaining the ability to manually trigger text messages as well. Having a compliant text message solution with personalization features and an out-of-the-box integration that could still be customized easily to work with MBG’s data and needs has saved time for MBG employees while keeping everything within Duck Creek without sacrificing MBG’s core values and protecting policyholders’ economic well-being, security, and existing relationships.

“Mutual Benefit Group (MBG) is a company that truly cares about the policyholder experience,” said Jenna Ha, VP Operations, MBG. “They have worked with SPLICE on ensuring policyholders are kept up-to-date with the right information and at the right time, and has implemented our Thrive™ survey application and program to constantly improve both internal and policyholder experiences. SPLICE is excited to continue working with MBG on further customer and employee experience initiatives.”

Duck Creek celebrates MBG’s incredible success in the P&C Insurance Industry.

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

About MBG

MBG is dedicated to creating an insurance experience that benefits you. We have been providing insurance coverage for automobiles, homes, and businesses since 1908; we work diligently each day to help build and protect your economic well-being and provide for your security. We are known for our strong relationships with policyholders and agents; for our responsive, friendly, knowledgeable staff; and for claims service that consistently garners a high level of satisfaction, notably 97.5% based on 2022 policyholder surveys.

Media Contacts:
Carley Bunch
carley.bunch@duckcreek.com

Source: Duck Creek Technologies

--BERNAMA

SHOHEI OHTANI'S "OI OCHA" GIANT OUTDOOR ADVERTISEMENT GOING ON DISPLAY AT MORE THAN 85 LOCATIONS AROUND WORLD

TOKYO, May 30, 2024 /Kyodo JBN/ --

- Starting with Iwate, Ohtani’s Home Area, Ads to Be Shown at Times Square in New York, Hollywood, Tokyo, Seoul and Taipei; Ohtani’s Statement on Becoming "Oi Ocha Global Ambassador" Released in Ads -

ITO EN, Ltd., the Tokyo-based maker of the world's No. 1 unsweetened green tea beverage brand "Oi Ocha" (*), is pleased to announce its outdoor advertisement placements featuring Shohei Ohtani, the Los Angeles Dodgers player, at more than 85 locations in Japan and abroad. Starting with an advertisement at Morioka Station in Iwate Prefecture, Ohtani's home area, on May 31, the ads will appear at 82 locations (**) in Japan and six locations worldwide. With Ohtani appointed as the "Oi Ocha Global Ambassador" and following his appearance in 60 newspapers worldwide, ITO EN will continue promoting green tea’s appeal domestically and internationally.

Outdoor ad placement images: https://cdn.kyodonewsprwire.jp/prwfile/release/M108169/202405241244/_prw_PI23fl_997oPSf9.png

Special landing page: https://www.itoen.jp/oiocha/ohtani/en.html

Ad placement outline: https://kyodonewsprwire.jp/attach/202405241244-O5-61HFJxmD.pdf

- Visuals of "Oi Ocha Global Ambassador" Shohei Ohtani to be unveiled at more than 85 locations around the world
The giant outdoor advertisements are designed to attract many viewers and convey to the world ITO EN and Ohtani's shared desire to "spread Japan's fascinating green tea culture to the world."

The ad will go on display in Japan starting from Iwate Prefecture, Ohtani's home, on May 31. It will be displayed at a total of 82 locations (**) in 12 prefectures, including Sapporo, Morioka, Sendai, Tokyo, Nagoya, and Osaka, as well as the JR Shibuya Station area in the Japanese capital, and at six locations worldwide -- in the U.S., South Korea, and Taiwan. The ads will be displayed at Times Square from June 8 to 10 (local time), when Ohtani visits New York for the Yankees-Dodgers series.

6 spots worldwide: (NY, LA, Seoul, and Taipei)
https://kyodonewsprwire.jp/attach/202405241244-O6-QTDb9FL5.pdf

- Giant bottles containing "haiku" (short Japanese poem) at Shibuya and Nagoya stations
Oi Ocha bottle designs with a message commemorating Ohtani's appointment as ITO EN’s Oi Ocha Global Ambassador, which caused a sensation when the global partnership was announced, and "Ohtani's new haiku," which became a buzz because of the ads, will appear on columns in the Shibuya and Nagoya stations. The pillars, which will look like giant "Oi Ocha" bottles, are a must-see.

https://cdn.kyodonewsprwire.jp/prwfile/release/M108169/202405241244/_prw_PI24fl_MV1F5Rxa.png

About advertisements:
- Please refrain from contacting the locations regarding this matter.
- Posting contents and period are subject to change without notice.
- Images are for illustrative purposes only.
- A station ticket is required to enter ticket gates.
- Please refrain from making inquiries to the station, station staff, or stores in the vicinity.

(*) Guinness World Records (TM) Certified
Intage SRI+ Unsweetened Tea Beverage Market Data January-December 2023 "Oi Ocha" Brand Sales Value
Record name: "Largest unsweetened green tea beverage brand (latest annual sales)"
Official English record name: Largest unsweetened green tea RTD brand - retail, current
Recorded brand: Oi Ocha brand (excluding Oi Ocha hojicha products)
Year covered: January-December 2023

(**) The information on the domestic placements is current as of May 29 and is subject to alterations at any time.


Source: ITO EN, Ltd.

--BERNAMA

AM BEST AFFIRMS FUSURE REINSURANCE CREDIT RATINGS

KUALA LUMPUR, May 27 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Kong’s FuSure Reinsurance Company Limited (FuSure).

In a statement, AM Best said these credit ratings (ratings) which have a stable outlook reflected FuSure’s balance sheet strength, which was assessed as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

The ratings also reflect the implicit and explicit support from its ultimate parent, Tencent Holdings Limited (Tencent), including capital, business development, investment, risk management and operational support.

The credit rating agency expects FuSure’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, will remain at the strongest level until 2027, according to the company’s provided business plan.

The company has maintained a prudent investment strategy with its invested assets consisting predominantly of investment-grade fixed-income securities and cash and cash equivalents, and has made an effort in diversifying its retrocessionaire panel in recent years.

In its projection period (2024-2027), FuSure targets double-digit gross premium written growth, while maintaining low single-digit return on equity. Underwriting volatility is limited due to less volatile health coverage nature of key treaties the company has underwritten, while investment yield is forecast to be stable at a low single-digit, supported by its short-duration fixed-income invested assets.

With three years of operating history, the company is actively establishing its expertise and market presence in health and accident lines in the Greater China region at its start-up phase, leveraging on Tencent’s support in business development and distribution.

While strengthening its core health business with product innovation, FuSure also plans to diversify its product offering and geographic reach from open market business in the medium term.

Tencent has a sizeable balance sheet and is listed on the Hong Kong Stock Exchange, with high financial flexibility and excellent credit fundamentals, and has demonstrated its commitment to FuSure via capital injection in 2023 for supporting its business growth.

AM Best expects FuSure will continue benefitting from the parent group in all aspects of operations and management, as well as particularly effective use of innovation and technology that could lead to competitive advantages in product design and pricing sophistication.

-- BERNAMA

Mary Kay Awards Nearly US$10,000 In Grants To Aspiring High School Scientists

KUALA LUMPUR, May 24 (Bernama) -- Mary Kay Inc recently awarded three grants to five standout high school scientists, selected from nearly 2,000 participants representing almost 70 countries, at the Regeneron International Science & Engineering Fair (ISEF) in Los Angeles, United States (US).

The grants, totalling nearly US$10,000, were awarded to students with innovative projects focused on finding cures for cancers affecting women, sustainable packaging innovation, and protecting the planet’s most valuable resources. (US$1=RM4.71)

“These future STEM leaders demonstrated innovative research, creative solutions, and novel approaches to complex problems that will directly impact cures for cancer, sustainable business practices, and redefine industry norms,” said Mary Kay Director, Package Engineering and Sustainability, Kristin Dasaro in a statement.

Keshvee Sekhda and Nyambura Sallinen from Georgia, US won the first prize for their app that utilises artificial intelligence (AI) technology to identify cancerous tumours with 99.6 per cent accuracy.

Second prize went to Madalena Filipe and Frederico Mauritty (Lisbon, Portugal) for their creation of sustainable, biodegradable materials from crustacean shells, to help reduce waste and environmental pollution.

Meanwhile, Carolina de Araujo Pereira da Silva (Rio de Janeiro, Brazil) won third prize for her research on how metals and their transporters affect cancer cell behaviour for novel therapeutic cancer treatments.

ISEF, a programme of Society for Science for over 70 years, is the world’s largest global science competition for high school students, and through a global network of local, regional, and national science fairs, millions of students are encouraged to explore their passion for scientific inquiry.

Each spring, a group of these students is selected as finalists and offered the opportunity to compete for approximately US$9 million in awards and scholarships.

For 60 years, the Mary Kay opportunity has empowered women to define their own futures through education, mentorship, advocacy, and innovation as well as in support of science, technology, engineering and mathematics (STEM) education and youth pursuing their dreams.

-- BERNAMA

Mitsubishi Electric To Form JV For Factory Automation Products in Vietnam

KUALA LUMPUR, May 24 (Bernama) -- Mitsubishi Electric Corporation announced it will acquire an 80 per cent stake in Fuji Bakelite Vietnam Co Ltd in the outskirts of Hanoi, a subsidiary of Fuji Bakelite Co Ltd in Okayama Prefecture, Japan.

The new joint venture (JV) company, to be named Mitsubishi Electric FP Automation Vietnam Co Ltd will be established on June 1 and will begin production of air circuit breakers from January 2025, in addition to the current company’s existing line of small low-voltage circuit breakers.

According to Mitsubishi Electric in a statement, the new JV will leverage Fuji Bakelite Vietnam’s skilled workforce and expertise in manufacturing and quality control in Vietnam in its manufacturing operations.

Fuji Bakelite Vietnam, which has been in operation since 2014, manufactures small low-voltage circuit breakers for Mitsubishi Electric’s Fukuyama Works in Hiroshima Prefecture.

Establishing a JV company in Vietnam will enable Mitsubishi Electric to build a production system for low-voltage circuit breakers.

Moving forward, this JV company aims to further expand its factory automation (FA) systems business by enhancing product supply capabilities in ASEAN countries to meet the growing demand for FA products.

Up to now, Mitsubishi Electric has expanded its FA business in the ASEAN region by exporting products manufactured mainly in Japan.

In the future, however, the demand for FA products is expected to increase robustly in countries such as Vietnam, Thailand, Indonesia and Malaysia, where strong economic growth is forecasted.

-- BERNAMA

HITACHI ENERGY’S HVDC TECHNOLOGY SELECTED TO POWER AUSTRALIA’S MARINUS LINK

KUALA LUMPUR, May 24 (Bernama) -- Hitachi Energy has been selected by Marinus Link Pty Ltd (MLPL) to supply a high-voltage direct current (HVDC) project of national significance, which will augment the connection between mainland Australia and Tasmania’s grid.

The approximately 345-kilometre cable route HVDC system will enable the flow of renewable power in both directions between the Victorian and Tasmanian states, according to Hitachi Energy in a statement.

“As Australia is rapidly transforming its grid to support the integration of more clean energy sources, we are proud of our HVDC technology that will help transmit large amounts of electricity with higher stability and lower electrical losses.

“Interconnectors like Marinus Link give customers access to affordable, on-demand renewable energy supply and increase storage capabilities,” said Hitachi Energy Managing Director for Grid Integration business, Niklas Persson.

For the first time in Australia, Marinus Link will use advanced converter technology at both ends of the link to stabilise and integrate more renewables into the power grid.

The connection will enable the Tasmanian state to import excess supply of solar and wind produced in Victoria, while reserving its hydro and storing the extra energy. Clean hydropower can then feed the mainland grid when it is needed most, acting as a large battery for the nation.

Hitachi Energy will supply its HVDC Light voltage source converter (VSC) stations in the first stage of the project, which will convert alternating current (AC) to direct current (DC) for efficient, long-distance transmission and DC to AC, where the electricity is returned to the grid.

Upon completion of both project stages, Marinus Link will have a total capacity of 1,500 megawatts (MW), equal to the power needed for 1.5 million Australian homes.

Marinus Link is a project of national significance that will play a fundamental role in the two states’ energy ecosystem in which power infrastructure requires a major overhaul to satisfy the growing electrical demands and guarantee a constant and reliable power flow through Australia’s transition to renewable energy.

Hitachi Energy pioneered commercial HVDC technology 70 years ago and has delivered more than half of the world’s HVDC projects, and currently has the largest installed base of HVDC in the world.

-- BERNAMA

METAHOMES CELEBRATES ART AND INNOVATION WITH WORLD-RENOWNED LIGHT PAINTING ARTIST, ROY WANG

DUBAI, United Arab Emirates, May 23 (Bernama-GLOBE NEWSWIRE) -- On May 18, 2024, MetaHomes was honored to participate in the "Chinese Dragon" large-scale light painting creation event, hosted by world-renowned light painting artist Roy Wang, in Dubai. This collaboration added a touch of Chinese culture to Dubai's vibrant art landscape, further cementing MetaHomes' commitment to cultural integration and innovation.

MetaHomes' distinguished executives showed up in their numbers to witness the spectacular light painting creation and engage in in-depth exchanges with Roy Wang by actively participating in the light painting session. This event underscored MetaHomes' commitment to creating a unique cultural and high-quality life service experience for its users. The cooperation with Roy Wang, a luminary in the art world, not only introduced new cultural elements to MetaHomes but also enriched Dubai's vibrant art scene. 

http://mrem.bernama.com/viewsm.php?idm=48646

FORMATION ‘24 PAVES WAY FOR A SIMPLIFIED, AGILE, INNOVATIVE FUTURE IN INSURANCE TECHNOLOGY

KUALA LUMPUR, May 23 (Bernama) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, kicks off Formation ’24, at the Omni Dallas Hotel in Dallas, Texas.

Themed “Simplifying Together” the unparalleled event experience is focused on working with customers and partners to simplify the complexity of insurance, which featured enriching content, extensive industry networking opportunities, and memorable activities.

Duck Creek Technologies Chief Executive Officer, Mike Jackowski said Formation is a special event that allowed Duck Creek to engage directly with its customers and prepare them for the year ahead.

“The world of P&C and general insurance increasingly faces many complexities and challenges, and together, we are building solutions to simplify processes and help insurers focus on what matters most,” he said in a statement.

Jackowski will take the main stage to discuss these challenges in depth and offer solutions and will be followed by customers and other Ducks to provide a deep dive into topics such as how evergreen Software as a Service (SaaS) while Active Delivery via the Azure Cloud have helped streamline underwriting for growth, profitability, and risk management.

In addition to main stage general sessions, Formation ‘24 will host 40 general and hyper-focused breakout sessions covering every aspect of the P&C insurance industry attendees have top of mind.

Sessions will cover artificial intelligence (AI) and machine learning in insurtech, distribution management and risk management, cloud environments, automation, and successful migration strategies, among others.

A highlight of the event includes a panel breakout session, “The Future of Insurance in Action,” featuring influential industry analysts as guest speakers, in which this panel discussion will focus on how insurers think about AI and the business and technology initiatives they are considering.

-- BERNAMA

FRANCESCO BUQUICCHIO NAMED NEXT CEO OF EGON ZEHNDER

^{Francesco Buquicchio, CEO of Egon Zehnder (Photo: Business Wire)}


ZURICH, May 21 (Bernama-BUSINESS WIRE) -- Egon Zehnder, the world’s preeminent leadership advisory firm, today announced Francesco Buquicchio as its next CEO. Buquicchio succeeds Edilson Camara, following a strategic leadership transition and succession planning process.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240519538552/en/

 

Camara, who will have served the maximum of two terms in the position, will step down from his role effective October 31, 2024. During his tenure, Camara has overseen significant growth and expansion, opening Egon Zehnder offices in new regions and developing enhanced advisory services, as well as leading the firm through the Covid-19 pandemic and investing in internal IT infrastructure enhancements.

Incoming CEO, Buquicchio, is based in Milan and currently leads the firm’s global Leadership Advisory Services practice, a strategic focus for the firm. Previously, he held the role of Country Leader in Italy and served on the firm’s Executive Committee for six years. Prior to joining Egon Zehnder in 2007, Buquicchio worked for BT Italy, McKinsey & Company, TLcom Capital Partners, and Excite.com in roles based in Rome, London, and California.

Reflecting on his appointment, Buquicchio stated, “As we celebrate our 60^th anniversary this year, I am honored and humbled to be a part of this remarkable Firm’s history. I look forward to writing our future chapters with our extraordinary and vibrant team, spanning many regions and world views, united by our purpose—leadership for a better world.”

The process to appoint the CEO was led by Chair Michael Ensser with the support of the Board and an Advisory Committee. It also included input from the entire partnership. “We thank Ed for his leadership over these past six years—he laid a strong foundation that enabled the firm to accelerate its growth. We are pleased to share that he will continue with the firm, returning to client work,” Ensser said. “As we begin our seventh decade, Francesco will leverage our expertise in discovering leaders, developing leadership, unlocking transformations, shaping successions and advancing governance to craft more distinct client and candidate experiences, prioritizing innovation, sustainability and long-term value creation.”

Buquicchio will be the seventh person to serve as CEO in Egon Zehnder’s 60-year history and formally assumes his role on November 1, 2024.

About Egon Zehnder

Egon Zehnder is the world’s preeminent leadership advisory firm, inspiring leaders to navigate complex questions with human answers. We help organizations get to the heart of their leadership challenges and offer honest feedback and insights to help leaders realize their true being and purpose.

We are built on a foundation that supports partnership in the truest sense of the word and aligns our interests with the interests of our clients. Our 600 consultants across 64 offices and 36 countries are former industry and functional leaders who collaborate seamlessly across geographies, industries and functions to deliver the full power of the Firm to every client, every time.

We partner closely with public and private corporations, family-owned enterprises, and non-profit and government agencies to provide executive search, leadership solutions, CEO search and succession, board advisory, and diversity, equity & inclusion.

Our services include discovering leaders, developing leadership, advancing governance, shaping successions, and unlocking transformations. We partner with Mobius Executive Leadership to offer highly experiential, personalized and transformational programs for senior leaders.

We believe that together we can transform people, organizations and the world through leadership.

For more information, visit www.egonzehnder.com and follow us on LinkedIn and X (former Twitter).

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20240519538552/en/

Contact

For media inquiries or further information, please contact:

Stacy Drumtra, Chicago
Global Marketing Co-Lead
stacy.drumtra@egonzehnder.com | T: +1 312 260 8974

Martin Klusmann, Berlin
Global Marketing Co-Lead
martin.klusmann@egonzehnder.com | T: +49 30 32 79 55 97


Source : Egon Zehnder

ITO EN KICKS OFF CAMPAIGN FEATURING SHOHEI OHTANI AS GLOBAL AMBASSADOR

KUALA LUMPUR, May 20 (Bernama) -- Tokyo-based ITO EN Ltd has signed a global contract with Los Angeles (LA) Dodgers player, Shohei Ohtani, and appointed him as the company’s "Oi Ocha" Global Ambassador.

With a new key visual also being unveiled, it features Ohtani and "Oi Ocha", whereby he stands in a tea field holding a bottle of "Oi Ocha" with the main copy, "My green tea, My soul".

According to a statement, the new key visual will be used in stores, social media, special landing pages, and various advertisements.

The main copy, "Every day, there's a green tea that stands by my side" features words used on the back of the bottle in the message advertisement from ITO EN to Ohtani, which went viral on Japanese social media.

ITO EN will work with Ohtani to spread Japan's tea culture worldwide and contribute to the earth's future through green tea.

Beginning May 20, the first activity as ITO EN's "Oi Ocha" Global Ambassador will be the "#OiLAOhtani-san" campaign, which invites people to visit LA to watch Ohtani's match.

In addition, the ads will appear in both Japanese newspapers and worldwide such as the Nikkei, Asahi, Sankei, Mainichi, Yomiuri, Financial Times, LA Times, and Honolulu Star-Advertiser.

ITO EN will also publish the ads in all five major newspapers in South Korea, where Ohtani is particularly popular, including the Chosun Ilbo and the Dong-A Ilbo.

-- BERNAMA

VERDANTIS APPOINTS KUMAR GAURAV GUPTA AS CHIEF EXECUTIVE OFFICER

^{Kumar Gaurav Gupta (CEO- Verdantis) (Photo: Business Wire)}


PRINCETON, N.J., May 20 (Bernama-BUSINESS WIRE) -- Verdantis, a pioneering leader in AI-powered data solutions, proudly announces the appointment of Kumar Gaurav Gupta as its new Chief Executive Officer (CEO). Taking on the role of CEO he shoulders the responsibility of propelling growth, with a sharp focus on ensuring global customer success.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240517777111/en/

 

Excited about his new role, Kumar stated, "It's a great honor to lead this data platform & services company at such an exciting time. Given the growing importance of data and the emergence of Artificial Intelligence, I am confident Verdantis is poised to empower our customers in making data-driven ROI decisions. I am grateful to the Verdantis team for their trust and consideration."

Before Verdantis, he held various roles including VP & Country Manager for the Indian subcontinent at SAP Concur and served as a business consultant advising customers on strategic priorities. Kumar holds a bachelor's degree from Delhi College of Engineering and a master's degree from the Indian Institute of Management, Indore.

Kumar will be instrumental in shaping Verdantis' strategic direction, fostering innovation, and driving the company's continued success in delivering cutting-edge data management solutions to clients worldwide.

About Verdantis

Verdantis, stands at the forefront of data-driven solutions, empowering organizations across diverse industries to harness the potential of consistent and accessible data. Our focus on data alignment, enhancement, and insights enables businesses to streamline operations, make well-informed decisions, and realize strategic objectives.

Driven by cutting-edge AI technology, Verdantis offers enterprise-grade Master Data Management (MDM) solutions that deliver tangible results, enhancing ROI and unlocking the full value of ERP/MRP/EAM investments for over 200+ implementations across Global 1000 organizations. We ensure both semantic and structural ongoing data integrity and quality, driving data-driven decision-making with confidence.

For more information on how Verdantis can elevate your data management capabilities, please visit www.verdantis.com or contact us at info@verdantis.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20240517777111/en/

Contact

Media:
Priyanka Agarwal
Marketing Lead
marketing@verdantis.com
Ph: +1 (866) 987-4463

Source : Verdantis, Inc.

Survey Finds 72 Pct Consumers Worry Daily About Being Fooled By Deepfakes

KUALA LUMPUR, May 15 (Bernama) -- A new research from Jumio revealed that nearly three-quarters of consumers (72 per cent) worry on a day-to-day basis about being fooled by a deepfake into handing over sensitive information or money, and only 15 per cent have never encountered a deepfake video, audio or image before.

According to Jumio in a statement, this year’s results highlight significant concerns among consumers about the risks associated with generative artificial intelligence (GenAI) and deepfakes, including the potential for increased cybercrime and identity fraud.

The third installment of its annual global consumer research conducted by Censuswide examined the views of 8,077 adult consumers, split evenly across the United Kingdom (UK), United States (US), Singapore and Mexico, that took place between March 25 and April 2.

The Jumio 2024 Online Identity Study found that even with high anxiety around this increasingly prevalent and ever-evolving technology, consumers continue to overestimate their ability to spot deepfakes, with 60 per cent believed they could detect a deepfake, up from 52 per cent in 2023.

Globally, men were more confident in their ability to spot a deepfake (66 per cent men versus 55 per cent women), with men aged between 18 to 34 demonstrating the most confidence (75 per cent), while women aged between 35 to 54 were least confident (52 per cent).

Although a significant majority (60 per cent) of consumers call for more governmental regulation of AI to address these issues, regulatory trust varies globally, with 69 per cent of Singaporeans expressing trust in their government’s ability to regulate AI, compared to just 26 per cent in the UK, 31 per cent in the US and 44 per cent in Mexico.

Fraud is an all-too-familiar issue for many consumers globally, with 68 per cent of respondents reporting that they know or suspect that they have been a victim of online fraud or identity theft, or that they know someone who has been affected.

The study showed that one-third (32 per cent) of consumers who were or suspected they were a victim of online fraud said it caused significant problems and several hours of administrative work to resolve, and 14 per cent went as far as calling it a traumatic experience.

More than 70 per cent of consumers say they would spend more time on identity verification if those measures improved security in industries including financial services (77 per cent), healthcare (74 per cent), government (72 per cent), retail and eCommerce (72 per cent), as well as social media (71 per cent).

When creating a new online account, global consumers said taking a picture of their ID and a live selfie would be the most accurate form of identity verification (21 per cent), with creating a secure password coming in at a close second (19 per cent).

-- BERNAMA

INTERNET INITIATIVE JAPAN’S SECURITY PLATFORM WINS CYBER DEFENSE MAGAZINE AWARDS

KUALA LUMPUR, May 14 (Bernama) -- Internet Initiative Japan Inc (IIJ) announced its Zero Trust security platform "Safous" has won four awards from Cyber Defense Magazine (CDM) at 12th annual Global InfoSec Awards at RSA Conference 2024.

The awards were Editor's Choice SMB Zero Trust; Next Gen Zero Trust Application Protection; Hot Company Zero Trust BYOD; and Best Product Zero Trust Platform, according to IIJ in a statement.

“We are thrilled to receive one of the most prestigious and coveted cybersecurity awards in the world from Cyber Defense Magazine during their 12th anniversary as an independent cybersecurity news and information provider.

“We knew the competition would be tough and, with top judges who are leading InfoSec experts from around the globe, we could not be more pleased,” said IIJ Global Business Director, Miki Tanaka.

The CDM InfoSec Awards honouring global InfoSec innovators is open for any startup, early-stage, later-stage, or public companies in the information security (InfoSec) space who believe they have a unique and compelling value proposition for their product or service.

IIJ provides a variety of functions to solve corporate server security issues, such as security assessments of existing information technology (IT) assets and zero-trust access protection for IT / operational technology (OT) assets.

Founded in 1992, IIJ is one of Japan's leading Internet-access and comprehensive network solutions providers with services include high-quality Internet connectivity services, system integration, cloud computing services, security services and mobile services.

-- BERNAMA

BOOMI PLATFORM DEPLOYED TO BUILD NEW ZEALAND’S HEB CONSTRUCTION STABLE DATA CORE

KUALA LUMPUR, May 14 (Bernama) -- Boomi, the intelligent integration and automation leader announced that HEB Construction (HEB) has chosen Boomi to enable the delivery of an enterprise resource planning (ERP) modernisation project that ensures global alignment with its parent company, bolstered local governance, and established a re-use philosophy.

“HEB used Boomi to create a crossbreed of top performing systems, and by doing so, established a mutual understanding that there are no camps – rather, both organisations used their respective systems and tools to create an integrated outcome serving a common goal,” said Boomi Senior Director for Enterprise, APAC, Nathan Gower in a statement.

A major construction player with 1,500 employees in New Zealand, HEB delivers road, rail, marine, land, and urban development projects nationwide and was acquired by VINCI Construction in 2015.

In 2022, HEB started the adoption of its parent company’s ERP project, marking the first deployment outside of the European Union.

While the ERP platform typically replaces all in-country systems, this was unsuitable for HEB due to the maturity of existing local technology investments and the regulatory frameworks under which it operates.

HEB implemented Boomi’s integration platform as a service (iPaaS) to establish hub and spoke integration patterns between its local applications, including payroll, timesheet, inventory management, and equipment maintenance systems.

Adopting the ERP’s data structure as its data standard, HEB mirrored its local patterns with the global ERP stack to form hub-to-hub connectivity, whereby this approach established seamless communication between both companies and established re-usable integration patterns.

HEB also implemented Boomi Master Data Hub (MDH) to deepen collaboration and precision, enabling HEB to comprehensively manage its digital assets through three abstracted layers namely people, projects, and equipment.

-- BERNAMA

Australia’s Guild Insurance Rated Excellent - AM Best

KUALA LUMPUR, May 10 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of “A-” (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Australia’s Guild Insurance Limited (GIL).

AM Best in a statement said these credit ratings (ratings) which have a stable outlook reflected GIL’s balance sheet strength, was assessed as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

In addition, the ratings factor in a neutral holding company impact from the company’s ultimate ownership by The Pharmacy Guild of Australia (PGOA).

GIL’s balance sheet strength is underpinned by its risk-adjusted capitalisation, which was at the strongest level in fiscal year-end 2023 (June 30, 2023), as measured by Best’s Capital Adequacy Ratio.

Whilst GIL’s financial flexibility is considered limited given its ultimate ownership by a not-for-profit organisation, the company has prudent capital management in place to support its regulatory solvency position, as well as maintain its risk-adjusted capitalisation at the strongest level over the medium term.

AM Best views GIL’s operating performance as adequate, with an average return-on-equity ratio of 4.7 per cent (fiscal-years 2019-2023), in which the operating performance metrics exhibited heightened volatility, due to the impact of COVID-19-related provisions, weather events and volatility in the financial markets.

Despite this, GIL’s expense ratio improved as a result of increased operational scale and cost management initiatives. Prospectively, AM Best expects an adequate level of operating performance to be maintained and underpinned by positive technical profits and investment income.

The company is considered a small insurer in Australia’s non-life sector, with gross premiums of AUD$287 million and an overall market share of below one per cent in 2023. (AUD$1 = RM3.12)

However, GIL is a leading provider of insurance protection to allied health professional associations, supported by its direct access to members of its parent, PGOA, which is a national employers’ organisation representing community pharmacies across Australia.

-- BERNAMA

THE WORLD'S WEALTHIEST CITIES IN 2024

LONDON, May 8 (Bernama-GLOBE NEWSWIRE) -- When it comes to the number of resident millionaires with liquid investable wealth of USD 1 million or more, the US leads the pack, with 11 cities in the Top 50, including New York City, which holds firmly onto 1^st place in the 2024 World’s Wealthiest Cities Report, published annually by international wealth migration specialists Henley & Partners. The total wealth held by the Big Apple’s residents now exceeds USD 3 trillion — higher than the total wealth held in most major G20 countries — and a staggering 349,500 millionaires, 744 centi-millionaires and 60 billionaires live in the city.

Hot on its heels in 2^nd place is Northern California’s Bay Area (encompassing the city of San Francisco and Silicon Valley), which has increased its millionaire population by a whopping 82% over the past decade, and is now home to 305,700 millionaires, 675 centi-millionaires, and 68 billionaires.

Tokyo, which led the pack a decade ago, has suffered a 5% decline in its resident HNWI population, and now sits in 3^rd place with just 298,300 millionaires. Singapore climbs two places to 4^th on the global ranking following an impressive 64% increase in millionaires over the last ten years — approximately 3,400 HNWIs moved there in 2023 alone and the city state now boasts 244,800 resident millionaires, 336 centi-millionaires, and 30 billionaires. 

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CURIA AND CARTERRA PARTNER ON BIOLOGICS SYMPOSIUM TO FURTHER BIOTECHNOLOGY RESEARCH IN THE PACIFIC NORTHWEST

ALBANY, N.Y. and SALT LAKE CITY, May 10 (Bernama-GLOBE NEWSWIRE) -- Curia, a leading contract research, development and manufacturing organization and Carterra Inc., the world leader in label-free high throughput antibody and small molecule drug discovery, today announced their partnership in hosting a high-throughput biologics symposium slated for May 31 at the Residence Inn at Marriott in Seattle, Washington.

The purpose of the collaboration is to promote the rising biotech focus within the Pacific Northwest region of the U.S and Canada. The symposium will bring together all levels of scientific leadership from the biotech and pharma communities.

"We are thrilled to be partnering with Carterra to organize this antibody discovery symposium, bringing the Pacific Northwest biotech community together and sharing the latest advances in antibody discovery," said Steve Lavezoli, Vice President of Biologics at Curia. "We are also looking forward to sharing our optimal, high-quality and accelerated antibody discovery workflows to first-to-human antibody discovery, development and clinical manufacturing. Antibodies discovered and/or engineered with Curia’s platform technology are in the clinic and we have over 230 successful antibody discovery campaigns performed for the biotech community."

Speed, scientific expertise and efficiency can surmount the high attrition rates of early antibody discovery and achieve first-to-market delivery of new therapeutics. The symposium will highlight Curia’s technology platform and integrated services with a focus on the development of enhanced mouse systems for antibody generation and high-throughput single B cell screening. The combination of next generation sequencing (NGS) and rapid recombinant production of milligram to gram quantities of purified monoclonal antibody (mAb) significantly accelerates identification of development candidate leads.

Since 2017, Carterra has been selling its powerful LSA^® high-throughput biosensor to analyze and characterize antibodies using Surface Plasmon Resonance (SPR). With the launch of its LSA^XT platform last year, Carterra now offers products that can perform small molecule analysis as well as antibody discovery. The LSA platform has been profiled in several peer-reviewed papers in Science, Nature and Cell, detailing the path of multiple therapeutics entering clinical trials. At the symposium, several leading scientists in biopharma will be sharing their insights into their specific areas of drug discovery and will highlight the transformative impact of integrating HT-SPR technology, AI/ML and other new technologies.

“We are excited to be partnering with Curia on our symposium. Carterra symposia are scientific events that we host each year throughout the U.S. and Europe,” stated Chris M. Silva, Vice President of Marketing and Product at Carterra. “These symposia help us to share the latest technology advancements and important data generated from the workflows of scientists using Carterra’s label-free platforms. Coming to the Pacific Northwest is an opportunity to create a deeper understanding of the technology in pharma and biotechs in this region.”

Click here to RSVP for the event. Registration is required as seating is limited.

About Curia:
Curia is a Contract Development and Manufacturing Organization (CDMO) with over 30 years of experience, an integrated network of 27 global sites and over 3,500 employees partnering with Biopharmaceutical customers to bring life-changing therapies to market. Our biologics and small molecules offerings span discovery through commercialization, with integrated regulatory and analytical capabilities. Our scientific and process experts and state-of-the-art facilities deliver best-in-class experience across drug substance and drug product manufacturing. From curiosity to cure, we deliver every step to improve patients’ lives. Visit us at curiaglobal.com.

About Carterra, Inc.:
Carterra, Inc. is a privately held company. Its HT-SPR technology provides large-molecule and small-molecule drug discovery customers with screening and characterization throughput and functionality that scales with omics-level applications, condensing months of work down to days. Our solutions have enabled multiple therapeutics and breakthrough research and helped academic and translational researchers and biopharmaceutical companies in oncology, immunology, neuroscience, and more.  Carterra is based in Salt Lake City, Utah, and has Customer Experience Centers in San Francisco, Salt Lake City, Boston, Manchester, England, and Munich, Germany. Carterra products are available in Asia-Pacific and Oceania through our exclusive distributor, Revvity. To learn more, visit www.carterra-bio.com or connect with us on LinkedIn or X (Twitter).

Curia Contact Information:
Viana Bhagan
+1 518 512 2111
corporatecommunications@CuriaGlobal.com

Carterra Media Contact:
Cheri Salazar
(408) 594-9400
csalazar@carterra-bio.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/020a0a28-86f0-4f6c-96f2-0eaa01c82784 


SOURCE : Curia Global, Inc.

SUSTAINABILITY TRAINING RAISE AWARENESS ON SINGAPORE'S FOOD PRODUCTION WORTH

KUALA LUMPUR, May 10 (Bernama) -- NX Global Engineering Pte Ltd (NX Global Engineering), a group company of Nippon Express Holdings Inc, participated in a plantation tour and a microgreen cultivation workshop organised by Edible Garden City, a plantation operator in Singapore.

According to a statement, the members who took part in this recent training tour commented that the programme had boosted their awareness of the importance of food production in Singapore and given them an opportunity to think about their own roles in achieving sustainable societies.

Singapore relies on imports for more than 90 per cent of its food, and low food self-sufficiency is a social problem. To address this issue, Singapore is pursuing a "30 by 30" initiative aimed at raising its food self-sufficiency rate to 30 per cent by 2030.

Agriculture utilising food technology such as cell-cultured meat and other technologies has garnered attention in this initiative as the country’s next growth industry, and Singapore has been working in earnest to foster this industry.

Established in 2016 in Singapore, NX Global Engineering handles heavy haulage and maintenance for a variety of plants and factories.

The NX Group will continue actively communicating with local communities and engaging in community-based social activities with the aim of realising sustainable societies.

As a partner that goes beyond simply transporting goods, the group is committed to creating sustainable and environmentally-conscious supply chains, striving to co-create its customers' future by providing innovative solutions.

-- BERNAMA

BILLUPS ACQUIRES NEW ZEALAND'S BILLIE MEDIA TO GAIN MOMENTUM GLOBALLY

KUALA LUMPUR, May 8 (Bernama) -- Billups, a global Out-of-Home (OOH) managed services agency has announced the acquisition of Billie Media, a New Zealand-based specialist OOH agency.

According to Billups in a statement, this follows its acquisitions of Outsight, TAC Media and OOH Labs, all since September 2023.

Billups Co-founder, Benjamin Billups said the Australia and New Zealand OOH market is a billion-dollar-plus advertising opportunity, as customer demand has driven the company’s major expansion over the past year, and they trust Billups to have the team and technology in place to deliver return of investment (ROI).

“Billie Media’s core local focus on expertise, data and tech will help enhance our promise to advertisers for a solutions-focused, centralised and accountable approach to driving engagement and value through OOH experiences,” he said.

Meanwhile, Billie Media Director and Co-founder, Ben Poole said: “Our customers will get tremendous benefit from the centralised, global offering Billups brings to Australia and New Zealand.

“With the support of a cross-border, market-leading partner we can give advertisers confidence, value and accountability in buying OOH media wherever their customers may be,” added Poole.

Founded in Auckland in 2021, Billie Media has developed well-regarded in-house technology, creative optimisation and measurement solutions as well as managed and executed both static and digital OOH activations for a slate of local and global brands.

This acquisition brings Billups’ full suite of OOH solutions and services to the Australia and New Zealand market for the first time in which it has acquired agencies in Belgium, Canada and Malaysia, starting in September last year.

This expansion gives significant advantages to global and local customers who benefit from the enhanced scale of Billups’ targeting, measurement and optimisation platform.

-- BERNAMA

Yubico's Key Product Innovations Empowering Enterprise Security At Scale

KUALA LUMPUR, May 7 (Bernama) -- Yubico, the hardware authentication security keys provider, has announced the upcoming release of YubiKey 5.7 firmware for the YubiKey 5 Series, Security Key Series and Security Key Series - Enterprise Edition.

With a focus on enterprise needs, these updates reinforce Yubico’s commitment to providing secure, simple, and scalable authentication solutions, according to a statement.

“We are excited to continue offering best-in-class solutions that protect organisations and accelerate their transition to passwordless with the latest enterprise-focused updates to the YubiKey.

“We are confident that organisations are now better equipped than ever to enforce compliance requirements and elevate their security posture throughout their organisation,” said Yubico senior vice president of product, Jeff Wallace.

Security keys with firmware 5.7 will be available to purchase in late May 2024, offering enhanced features such as improved PIN complexity, enterprise attestation, and expanded passkey credentials storage.

These updates empower organisations to adopt passwordless-first, modern authentication, fostering phishing-resistant users worldwide.

As part of Yubico’s goal of helping enterprises raise the bar for security with greater flexibility, the company also announced the availability of Yubico Authenticator 7 which will support the upcoming YubiKey 5.7 features.

The Yubico Authenticator 7 delivers strong security by enabling users to store credentials on a YubiKey instead of a mobile phone, thereby significantly removing risks posed by remote attackers targeting software-based authenticator apps.

-- BERNAMA

SMARTSTREAM'S DIGITAL PAYMENTS PLATFORM ENABLES MYANMAR’S AYA BANK TO OPERATE EFFICIENTLY

KUALA LUMPUR, May 7 (Bernama) -- SmartStream, the financial Transaction Lifecycle Management (TLM) solutions provider, announced the successful implementation of its TLM Reconciliations Premium Digital Payments Control solution at AYA Bank, Myanmar’s premier banking institution.

According to SmartStream in a statement, this implementation marks a significant advancement for the bank’s digital transformation journey.

“Our solution leverages an advanced reconciliations engine that automates transaction validation and replaces manual interventions with an automated exceptions management process.

“This ensures the prompt resolution of discrepancies, enhancing overall operational efficiency and future-proofing the bank with high levels of automation, enhanced risk controls, improved customer satisfaction and better scalability,” said SmartStream Regional Director APAC, Radha Pillay.

Meanwhile, AYA Bank Director and Head of Cards and Payment Services, Yvonne Nang Saw Kham Phyu said this system not only addresses its current operational needs with real-time operational insights, but also strategically positions the bank for future expansion and emerging challenges.

“SmartStream’s Solution Delivery team managed a streamlined implementation period remotely. Their meticulous planning, clear communication, and proactive coordination ensured each step of the onboarding journey was executed with precision and efficiency,” she said.

SmartStream’s TLM Reconciliations Premium Digital Payments Control will streamline various tasks including reconciliations, settlement, fee computation, and dispute resolution.

Leveraging artificial intelligence capabilities, the solution will facilitate rapid system adoption and comprehensive management of the bank’s transaction lifecycles as well as introduce a real-time oversight layer, further enhancing transaction transparency and automating accounting processes, enabling AYA Bank to mitigate risks and reduce operational expenses effectively.

Delivered as Software as a Service (SaaS), the solution eliminates the need for AYA Bank to manage and maintain information technology environments and underlying systems related to reconciliations and exceptions management processes.

-- BERNAMA

INVNT GROUP AND MSM BOOST PARTNERSHIP AND MARKETING SERVICE OFFERINGS IN MOTORSPORTS INDUSTRY WITH STRATEGIC LEADERSHIP APPOINTMENT

INVNT GROUP welcomes Roc Nation veteran, Luca Zanello, as SVP of Content Strategy

New York, NY, May 3 (Bernama-GLOBE NEWSWIRE) -- Building on their successful partnership, INVNT GROUP and MSM (Media & Sport Management) enhance service offerings and commercial solutions tailored for talent and brands within the booming motorsports industry. 

INVNT GROUP, the global brand storytelling agency portfolio, was named Best Global Media Agency at the 2023 Automotive Marcomm Awards by Autocar, for groundbreaking campaigns with Lamborghini, Formula E, General Motors, Lotus, Rolls Royce and more. Over four decades, MSM has built standout relationships between brands, drivers, teams, and championships at the pinnacle of motorsport, including sponsorships, hospitality, and events.

The partnership brings the appointment of Roc Nation music and entertainment veteran, Luca Zanello, as SVP of Content Strategy at INVNT GROUP, fortifying the global suite of award-winning capabilities and integrated services within the motorsports including strategy, partnerships, experiential, digital, Web3, content, and culture. Zanello reports into Scott Cullather, President and CEO of INVNT GROUP, and CEO of INVNT.ATOM. 

"Motorsports have not only captured the global imagination but have accelerated the expansion of its cultural influence at unprecedented speed. Our evolving collaboration with MSM, and appointment of Luca, places us at the forefront, allowing us to deliver pioneering, bespoke solutions to the motorsports industry. We are committed to enhancing the connection between brands, talent, and partners with audiences worldwide through dynamic storytelling and groundbreaking experiences. Together, we are charging the future of motorsports, transcending the boundaries of the racetrack,” said Scott Cullather. 

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