REG - Cordel Group PLC - CFO Appointment

CordelAnnouncement

03/03/2023 07:00

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RNS Number : 7454R  Cordel Group PLC  03 March 2023

3 March 2023

Cordel Group PLC

("Cordel" or the "Company" or the "Group")

CFO Appointment

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for
transport corridor analytics, announces that the current Chief Financial
Officer ("CFO"), Mr Robert Lojszczyk, has notified the Board of his
retirement. Mr Lojszczyk will step down from the Board on 30 April 2023.

Cordel is pleased to further announce the appointment of Ms Thouraya Walker as
Chief Financial Officer.  Ms Walker will take up her new position as Chief
Financial Officer on 1 April 2023, to allow a handover period with the
retiring CFO, and will be appointed to the Board on or around 30 April 2023.

Ms Walker, who will be based in the UK, brings considerable expertise to the
Company, with over 20 years of financial experience. Thouraya's background
includes roles at Mazars LLP, Standard Chartered Bank and Oliver Wyman
Limited. She is a Fellow of the Association of Chartered Certified Accountants
and holds a degree in Mathematics from the University of York.

Ian Buddery, Chairman of the Board, said:

"Robert has advised us of his retirement, and I would like to express the
Board's gratitude to him for his excellent service to the Company.

We are delighted to secure Thouraya as our new CFO. Thouraya is a UK-based
Chartered Accountant with a blend of start-up, scale up and public
company experience across the financial services and technology industries,
all of this experience being very relevant to Cordel."

 

Enquiries:

 

 Cordel Group PLC                           c/o Zeus Capital
 Ian Buddery, Chairman

 John Davis, Interim CEO
 Zeus Capital Limited Broker                +44 (0)20 3829 5000
 Simon Johnson / Alexandra Campbell-Harris

 Strand Hanson Limited Nominated Advisor

 Richard Johnson / James Bellman            +44 (0)20 7409 3494

 

About Cordel

Cordel produces specialist hardware and software for capturing, analysing and
reporting on large datasets within the transport sector, employing
sophisticated artificial intelligence algorithms.  Further information on the
Company is available at: www.cordel.ai

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