Board of Directors

The Annual General Meeting of 15 May 2019 confirmed that the Board of Directors will consist of five (5) members, and the Board members were elected for a period of office expiring at the end of the first Annual General Meeting following the election. The Annual General Meeting re-elected as Board Members Ms. Jyoti Desai, Mr. Neil Macleod, Mr. Conrad Neil Phoenix, Mr. Priyesh Ranjan and appointed Mr. Kaj Hagros as a new member of the Board.

On date 1 July 2019 Mr. Priyesh Ranjan was appointed as CFO of the Company. Due to this appointment, Priyesh resigned from the post of director on 1 July 2019.

The Extraordinary General Meeting on 5 September 2019 appointed Anders Fornander as a new director. It was confirmed that the Board will consist of five (5) members, and the Board members were elected for a period of office expiring at the end of the first Annual General Meeting following the election. The Extraordinary General Meeting elected as Board Members Jyoti Desai, Anders Fornander, Kaj Hagros, Neil Macleod and Conrad Neil Phoenix.

According to the Articles of Association, the Board of Directors elects a chairman and a vice-chairman from among its members for one year at a time. The Board of Directors has a quorum when more than half of its members are present. Things are decided by a simple majority of votes. In the event of a tie, the chairman of the Board of Directors has the casting vote.