Fat Projects Acquisition adds five Non-Executive Directors to its Board

– SINGAPORE, Singapore –  Fat Projects Acquisition Corp. today announced the appointment of its new Board of Directors, effective immediately.

The board of Directors of Fat Projects Acquisition Corp. comprises five Non-Executive Directors including Abel Martins Alexandre, Christina Wyer, Stanton Sugarman, Samir Addamine, and Alex Bono.

They were chosen to ensure a range of vital skill sets and diversity of Public Markets, M&A, and the operational experience was available to the Company.

“We are thrilled to announce our board of Non-Executive Directors,” said David Andrada, Co-CEO and CFO. “We intend to be actively involved in the strategy and operations of our target companies and have assembled several seasoned corporate executives and professional advisors to serve as our independent directors.”

“These executives have been chosen for their extensive sector experience – within mergers and acquisitions, venture capital/private equity and technology sectors – or for their extensive executive and operational experience in managing successful and often disruptive high-growth companies and financial strategies,” said Co-CEO and Board Chairman. “We couldn’t hope for a more qualified team.”

“Our independent directors will provide a broad network of operational experience, various industry perspectives, and management capabilities to supplement our management’s network of potential target opportunities,” said COO, Nils Michaelis. “We are very excited to work with them in identifying great tech-led businesses in Southeast Asia.”

About Abel Martins Alexandre

Abel Martins Alexandre will serve as Chair of the Audit Committee. Mr. Alexandre has 25 years of experience that spans international banking and FTSE100 corporate on four continents, with an acute understanding of business strategy and development, corporate finance and M&A, governance, and risk management. Mr. Alexandre held several strategies and business development roles in Rio Tinto, was more recently Head of Commercial Treasury from August 2016 to May 2019, and Group Treasurer from June 2019 to March 2021, and a member of its Commercial Senior Leadership Team and Finance Leadership Team in these capacities.

About Tina Wyer

Tina Wyer will serve as Chair of the Compensation Committee. Mrs. Wyer has over 23 years of experience, holding several C-suite roles, responsible for driving major change and transformation agendas across both the business and technology domains. Mrs. Wyer recently retired from J.P. Morgan Chase as a Managing Director after a successful 17-year career carrying numerous senior roles including Chief Data Officer, Corporate Technology – Asia Head, CFO Australia, and New Zealand among others.

About Stanton Sugarman

Stanton Sugarman’s 30-year career has seen him playing pioneering roles in the digitization of advertising, media & content, and most recently driving SaaS in the fastest-growing region of the world. Mr. Sugarman has contributed significantly to the rapid growth of SaaS business models – especially in the areas of marketing, sales, CRM, and commerce, previously defining the customer adoption strategy for the C-Suite for Salesforce in Europe and the Asia Pacific and was Chief Customer Officer APAC for Salesforce-based out of Singapore. Mr. Sugarman is currently co-owner and Chief Commercial Officer of Gaia AG a digital therapeutics company.

About Samir Addamine

Samir Addamine is a serial entrepreneur and innovation leader in the technology industry and is currently a board member of the Forbes Technology Council. He is well recognized as an expert in mobile and digital marketing and has advised some of the world’s leading brands on how to move towards a mobile-driven ecosystem. In April 2014, Mr. Addamine incorporated FollowAnalytics, Inc., a Delaware corporation, to further develop Follow-apps. Key partners include Salesforce, Adobe, and Microsoft, which recommend, distribute, and integrate FollowAnalytics solutions. Mr. Addamine more recently founded Absolute Labs, a blockchain software company for enterprises.

About Alex Bono

Alex Bono has more than 23 years of experience in Asia and Europe with a strong track record in digital and technology across large corporations and technology start-ups. Currently, Mr. Bono is the Chief Digital Officer of DKSH based in Singapore, providing digital leadership to the market expansion service company with $11.6 billion revenue in 2020 (SIX: DKSH), developing and implementing digital transformation across 36 countries and 4 large business units with a strong focus on innovative business models. Before joining DKSH, Mr. Bono was CEO of Habbitz Ltd. in Hong Kong, an e-commerce company by PCCW Limited.

About Fat Projects Acquisition Corporation

Fat Projects Acquisition Corporation has assembled a team of executives and entrepreneurs from some of the most successful multinational companies in the world to lead our SPAC. The sponsor team structure was carefully designed to provide relevant experience and networks in the region, ensure the success of the SPAC and the continued growth of the business it acquires. The team brings a combined 100+ years of relevant market experience in Southeast Asia, directly related to sustainability, finance, supply chain, e-commerce, and big data and how to monetize B2C and B2B relationships in a digital world.

Fat Projects Acquisition Corp. intends to identify, merge with and take public a business that is well-positioned to deliver superior growth across Southeast Asia. Its management is associated with Fat Projects Pte. Ltd., which was established by Mr. Andrada and Mr. Lo in 2015.

For more information: https://fatprojectscorp.com/

About Fat Projects Private Limited

Fat Projects is a Singapore headquartered investment and venture studio established in 2015 with growth capital deployed across a portfolio of assets in Technology, Fintech, Education, Hospitality, E-commerce, Food Technology. Our mission is to build and accelerate entrepreneurial projects with fun, talented, resilient, and ethically committed people; with a laser focus on unlocking shareholder value.

The company was co-founded by David Andrada and Tristan Lo, two partners who respectively bring a nexus between 20 years of high-end global banking and a 20-year career built on entrepreneurialism. These polarising skill sets come together to provide a very unique approach when creating new projects in-house or accelerating existing projects we join.

We have two parts to our studio. Firstly, we love building start-ups. Fat Projects takes a hands-on approach to its own ventures through the deployment of its own capital, identifying co-founders, and assisting with strategy, technology, and further capital initiatives along the way. Secondly, we love accelerating emerging growth companies who are looking to scale and solve big problems through a tech-enabled and entrepreneurial approach.

For more information: https://www.fatprojects.com/

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