REG - ASA Intnl. Grp PLC - Appointment of new Board member

ASA InternationalAnnouncement

13/12/2022 07:00

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RNS Number : 4459J  ASA International Group PLC  13 December 2022

 

ASA International Group plc appointment of new Board member

Amsterdam, The Netherlands, 13 December 2022 - ASA International Group plc
("ASA International", or the "Company"), one of the world's largest
international microfinance institutions, announces that Mr Chris Low has been
appointed on 12 December 2022 to the Board as an Independent Non-Executive
Director with effect from 1 February 2023. Mr Low is scheduled to become a
member of the Audit and Risk Committee, the Remuneration Committee and the
Independent Directors Committee.

Mr Low is a citizen of the United Kingdom and presently is I&M Group Plc's
Regional Director for its East Africa businesses (Kenya, Rwanda, Tanzania,
Uganda and Mauritius), based in Nairobi. Also, he advises a number of FinTech
start-ups in Kenya, Tanzania and Nigeria, and is on the Board of the Scottish
African Business Association. In addition, he is an Investment Committee
member of JPIN Global Ltd and the Zephyr Acorn Fund, both investors in
early-stage impact companies.

With over 30 years in international financial services, risk management and
digital transformation, Mr Low has specialised in emerging markets, working
across Africa, Asia and the Middle East. He was the GCEO for Letshego Holdings
PLC from 2013 until 2018 and also worked before that as the Deputy CEO
National Bank of Kuwait, International Banking Division. Other roles have
included CEO and other senior executive positions with Standard Chartered Plc
in the UK, Asia and Africa, specifically in the Philippines, India, East
Africa/Kenya, Tanzania and South Africa, and with Goldman Sachs in London.
Additionally, he has advised the UK Government's Financial and Professional
Services Sector Team (Department of International Trade) on strategies for
engaging with the UK banking sector to promote trade and investment.

Information disclosed under UK Listing Rule LR9.6.13R: Mr Low is currently an
Executive Director on the Board of I&M Group plc, listed on the Nairobi
Stock Exchange, and a Non-Executive Director of  I&M Bank (Rwanda) plc,
listed on the Kigali Stock Exchange. Until September 2018 he was an Executive
Director of Letshego Holdings plc, listed on the Botswana Stock Exchange.

 

Enquiries:

ASA International Group plc

Head of Investor Relations
 
 
 

Véronique Schyns

IR@asa-international.com (mailto:IR@asa-international.com)

 

About ASA International Group plc

ASA International is one of the world's largest international microfinance
institutions, with a strong commitment to financial inclusion and
socioeconomic progress. The company provides small, socially responsible loans
to low-income, financially underserved entrepreneurs, predominantly women,
across South Asia, South East Asia, West and East Africa.

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