Supply @ME Capital PLC Senior Management Appointment (9286S)

TIDMSYME

RNS Number : 9286S

Supply @ME Capital PLC

14 July 2020

14 July 2020

Supply@ME Capital plc

("Supply@ME" or "the Company")

Appointment of Stuart Nelson as Head of Enterprise Risk Management

Supply@ME Capital plc, the innovative Fintech Platform which provides inventory monetisation services to European manufacturing and trading companies, today announces the appointment of Stuart Nelson as Head of Enterprise Risk Management (ERM). Mr Nelson takes up his role in this newly created position with immediate effect and joins the Supply@ME leadership team.

Mr Nelson is a highly experienced credit analyst, with experience assessing risk across multiple product types and jurisdictions. He brings nearly two decades of experience to Supply@ME and joins from S&P Global Ratings, where he served as Senior Director.

He will be responsible for developing and enhancing Supply@ME's ERM function and will play a key role in supporting the growth strategy and ensuring the company is well placed to realise its potential across its target markets. Mr Nelson will provide additional support to the platform's capital placing process and oversee due diligence on potential inventory funders. He will also spearhead new initiatives and strategic projects to enhance the multi-channel funding strategy.

Alessandro Zamboni, Chief Executive of Supply@Me, said, "Building a strong internal governance structure, including a robust enterprise risk management function which will help the company to scale in a managed way, is a key part of our business plan. Stuart is the ideal candidate to develop our ERM capability and he will play a central role in strengthening our inventory funding offering. I am very pleased to welcome him to the Supply@ME leadership team."

Contacts

Alessandro Zamboni, CEO, Supply@ME Capital plc

Paul Vann, Walbrook PR Limited: [phone] or [phone]; [e-mail]

Brian Norris, Cicero/AMO, [phone]; [e-mail]

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July 14, 2020 02:00 ET (06:00 GMT)