GRAND CAYMAN, Cayman Islands, Sept. 19, 2022 (GLOBE NEWSWIRE) — Patria Investments Restricted (“Patria”) (NASDAQ: PAX), a world different asset supervisor, introduced at this time that Ms. Ana Russo will be a part of the agency on October 3, 2022 as incoming Chief Monetary Officer and member of Patria’s Administration Committee. Mr. Marco Nicola D’Ippolito, who has been serving as Chief Monetary Officer since January 2017, will then start a transition course of to switch oversight of Patria’s fund administration, finance, accounting, planning and expertise features to Ms. Russo, with the objective of Ms. Russo absolutely assuming the function of Chief Monetary Officer by January 1, 2023. Mr. D’Ippolito will thereafter assume the function of Chief today techs Company Improvement Officer and allocate his time to develop Patria’s natural and inorganic development methods, evolving to the management of a brand new enterprise vertical. As well as, he’ll proceed to steer Patria’s shareholder relations. To make sure a easy handover and transition, Ms. Russo and Mr. D’Ippolito will work intently collectively till the tip of the present 12 months.
Ms. Ana Russo is a seasoned finance and enterprise govt with important world expertise. She has broad finance experience, having managed a full vary of finance features all through her profession, as a division head and Brazil CFO (for Philip Morris Worldwide and earlier in her profession with Remy Cointreau) and Central America & Caribbean and Latin America & Canada CFO (for Philip Morris Worldwide), in addition to Chief Auditor for a similar firm. She additionally has developed a deep reference to enterprise course of, performing as a Enterprise Accomplice to division leaders and Basic Managers, and likewise managing a full P&L as GM of Central America & Caribbean. Ms. Russo today techs additionally has significant expertise coping with distribution processes, authorities relations, and mergers and acquisitions. She holds a bachelor and post-graduate levels in enterprise administration and finance from Fundação Getúlio Vargas, and a Management Program certification from the Worldwide Institute for Administration Improvement. Given her spectacular credentials and abilities, Patria’s Administration Committee is very assured in Ms. Russo’s qualification to function Chief Monetary Officer, and to work intently with the Board of Administrators, the Audit Committee and the remainder of the Senior Management Group of the corporate. Ms. Russo will probably be primarily based collectively in Patria’s London workplace, supporting the enterprise intently with our Chief Government Officer today techs Mr. Alexandre Saigh, to whom she is going to instantly report, and the Cayman Islands workplace the place Patria’s accounting and finance operations today techs are situated.
This press launch might comprise forward-looking statements inside the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended. You possibly can establish these forward-looking statements by means of phrases corresponding to “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “might,” “will,” “ought to,” “seeks,” “roughly,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the unfavorable model of those phrases or different comparable phrases. Such forward-looking statements are topic to numerous dangers and uncertainties. Accordingly, there are or will probably be vital components that would trigger precise outcomes or outcomes to vary materially from these indicated in these statements. We imagine these components embody however will not be restricted to these described beneath the part entitled “Danger Components” in our annual report on Type 20-F for the 12 months ended December 31, 2021, as such components could also be up to date every now and then in our periodic filings with america Securities and Trade Fee (“SEC”), that are accessible on the SEC’s web site at www.sec.gov. These components shouldn’t be construed as exhaustive and needs to be learn together with the opposite cautionary statements which might be included in our periodic filings. The forward-looking statements converse solely as of the date of this Report on Type 6-Okay, and today techs we undertake no obligation to publicly replace or overview any forward-looking assertion, whether or not on account of new info, future developments or in any other case.
About Patria Investments
Patria is a number one different funding agency centered on Latin America, with over 30 years of historical past and a world presence with workplaces in 10 cities throughout 4 continents. Patria goals to offer constant returns in engaging long-term funding alternatives that enable for portfolio diversification by means of its Personal Fairness, Infrastructure, Credit score, Public Equities and Actual Property merchandise. By way of its investments Patria seeks to rework industries and untangle bottlenecks, producing engaging returns for its buyers, whereas creating sustainable worth for society. Additional info is accessible at www.patria.com.
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