REG - FD Technologies PLC - Directorate Change

FD TechnologiesAnnouncement

20/01/2022 07:05

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RNS Number : 0151Z  FD Technologies PLC  20 January 2022

 

20 January 2022

FD Technologies plc

("FD Technologies" or the "Group")

 

Directorate Change

 

 

FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I) today announces the
appointment of Usama Fayyad as a Non-Executive Director of the Group with
effect from 19 January 2022. This Board appointment supports the Group's
strategy to extend KX's market-leading position for in-the-moment decision
making and the continued focus on growth in First Derivative and MRP.

Usama is the inaugural Executive Director of the Institute for Experiential AI
at Northeastern University in Boston, a role focused on building the world's
leading research institute in AI and data science. He is also the founder and
Chairman of Open Insights, a company focused on helping enterprises drive full
value from their data assets. He brings extensive experience in technology
innovation and leadership around data analytics, data science and data
platforms gained from holding senior roles in large enterprises including
those in the financial services, technology and telecoms sectors.

Usama started his career at Nasa's Jet Propulsion Lab. After leadership roles
at Microsoft Research and Microsoft SQL Server, he became Yahoo's first Chief
Data Officer. From there, Usama became Global Chief Data Officer at Barclays
in London where he led digital transformation projects that reduced costs and
helped create new data products.

"I'm looking forward to working with my fellow Board members and colleagues
across the Group," said Usama Fayyad. "A large part of my professional career
has been dedicated to helping companies, in all sectors, turn their data into
valuable business assets. This closely aligns with FD Technologies' vision of
helping the world's most ambitious companies realise the value of their data,
technology and business operations to drive their organisations forward."

Donna Troy, Chairman of FD Technologies, said: "Usama's cross-industry
experience in data platforms and analytics, his sector expertise and deep
specialisation in AI and machine learning are highly relevant and valuable
skills that will assist the Group's strategy. I am delighted to welcome him to
the Board."

Additional information:

The following information is disclosed pursuant to Rule 17 and Schedule Two
paragraph (g) of the AIM Rules for Companies

Usama Mohammad Fayyad (58 years old) has been a director or partner of the
following companies during the five years preceding the date of this
announcement:

 Current directorships and/or partnerships  Past directorships and/or partnerships
 Postproces Technologies, Inc               InvenSense Inc
 Open Insights Group Inc                    Virsec Systems, Inc
 Open Insights Technology Corporation       Oasis500

 

There is no other information that is required to be disclosed pursuant to
paragraph (g) of Schedule Two of the AIM Rules for Companies.

Enquiries

For further information please contact:

 

 FD Technologies plc                               +44(0)28 3025 2242

 Seamus Keating, Chief Executive Officer           www.fdtechnologies.com (http://www.firstderivatives.com)

 Ryan Preston, Chief Financial Officer

 Ian Mitchell, Head of Investor Relations

 Investec Bank plc (Nominated Adviser and Broker)  +44 (0) 20 7597 5970

 Andrew Pinder

 Carlton Nelson

 Virginia Bull

 Goodbody (Euronext Growth Adviser and Broker)     +353 1 667 0420

 David Kearney

 Don Harrington

 Finbarr Griffin

 J.P. Morgan Cazenove (Broker)                     +44 (0) 20 7742 4000

 James A. Kelly

 Mose Adigun

 Jessica Murphy
                                                   +44 (0) 20 3727 1000

 FTI Consulting (PR Adviser)
 Matt Dixon
 Dwight Burden
 Elena Kalinskaya

 

About FD Technologies

FD Technologies is a group of data-driven businesses that unlock the value of
insight, hindsight and foresight to drive organisations forward. The Group
comprises KX, the leading technology for real-time continuous intelligence;
First Derivative, which provides technology-led services in capital markets;
and MRP, the only enterprise-class, predictive Accounts Based Marketing
solution. FD Technologies operates from 15 offices across Europe, North
America and Asia Pacific, and employs more than 3,000 people worldwide.

 

For further information, please visit www.fdtechnologies.com
(http://www.fdtechnologies.com) and www.kx.com (http://www.kx.com)

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