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CFO Tech Outlook | Monday, December 07, 2020
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Ideanomics' subsidiary Tree Technologies hires Richard Teoh as its Chief Financial Officer.
FREMONT, CA: Ideanomics announces that its subsidiary, Tree Technologies, which owns the Treeletrik brand, has appointed Richard Teoh as its Chief Financial Officer effective immediately. Mr. Teoh comes to Treeletrik with more than 20 years of financial control, planning, leadership, and management experience. Previously, he was the Director of Group Finance Controlling at Volkswagen Group Malaysia and led the financial oversight of the commercial distribution and manufacturing of vehicles. Before that, Mr. Teoh served in several senior finance leadership roles, including at Dominick Hunter. At Dominick Hunter, he was in charge of integrating and transitioning financial ERP systems and management. Mr. Teoh is a Chartered Certified Accountant and Chartered Accountant.
With his experience in key industries like automotive, manufacturing, and construction, Richard's financial leadership will assist the company in meeting its growth objectives. "We are very pleased to have Richard Teoh join the Treeletrik team as CFO. His experience and industry insight will help us with all aspects of the company's growth strategy. As the leading EV manufacturer in the ASEAN region, Richard will be assisting us with everything from supply chain development through to the roll out of our battery and charging systems, as well as the development of the land in the port area." exclaims Alf Poor, CEO at Ideanomics.
New York-based Ideanomics comprehensively addresses digital asset enablement requirements using Blockchain and AI to help organizations improve the impact of their digital content and maintain proof of ownership, and complete secure transactions. As a fintech advisory and platform as a service (PaaS) firm, Ideanomics aspires to establish its prominence in the asset digitization economy by coupling deal origination—the process of detecting investment opportunities in the market—with enablement. "We are determined to become a global leader for fintech services in the asset digitization economy by establishing a global compliant network of financial technology, user community, and digital asset production," states Federico Tovar, CFO at Ideanomics.
Ideanomics was featured in CFO Tech Outlook as one of the Top 10 Artificial Intelligence Solution Providers 2019.
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