– CANADA, Toronto – GoldMoney Inc. (TSX-V: XAU), a full-reserve and gold-based financial service and technology group, is pleased to announce the appointments of Katie Sokalsky, CPA, CA, as Chief Financial Officer, and Kate Millington as General Counsel of GoldMoney. GoldMoney also completes the previously planned addition of James Turk and Hector Fleming to the board of directors.
Katie Sokalsky previously specialized in financial services at PricewaterhouseCoopers LLP as an audit manager. Katie worked with GoldMoney (formerly BitGold Inc.) since its inception, with PricewaterhouseCoopers LLP, acting as appointed auditor of the Company. As Chief Financial Officer for GoldMoney, she brings valuable expertise in compliance, reporting, and extensive knowledge and relationships in financial services. Katie holds an Honours Bachelor of Commerce from Queen’s University in Ontario, and is a member of CPA Canada.
Kate Millington previously served as a staff lawyer to the GoldMoney precious metals custody business. For the past three years, Kate has developed compliance and operational systems for GoldMoney subsidiary Net Transactions Ltd., which is regulated by the Jersey Financial Services Commission (JFSC) as a Money Services Business. As General Counsel for GoldMoney, her expertise is being utilized to develop and integrate standard regulatory management systems across all GoldMoney business platforms. Katie holds a Bachelor of Law and a Bachelor of Arts from the University of Auckland and is a member of the Bars of New Zealand and England and Wales.
Messrs. James Turk and Hector Fleming were appointed as directors at the Special Meeting of GoldMoney held on September 29, 2015. James is a founder of the GoldMoney precious metals custody business, which was acquired in July 2015, and Hector was a director of that business before it was acquired. GoldMoney is excited to complete the last step of the transaction with the election of James and Hector to the board and will greatly benefit from their continued experience and support.
“We require strong vision and proficiency as the rapid growth of our platform moves into the next phase,” said Roy Sebag, Chief Executive Officer. “With new partnerships and additional product innovation in store for both business lines, these management additions broaden our capabilities in the areas of corporate finance and compliance, while also enhancing the energy and initiative of our culture.”
“We are excited and honored by the addition of these high caliber leaders,” said Josh Crumb, Chief Strategy Officer. “These appointments reinforce our commitment to excellence in all aspects of regulatory compliance, platform integrity, and stakeholder transparency.”
“I’m looking forward to being part of one of Canada’s most exciting growth companies,” said Katie Sokalsky. “The vision and values this team has embodied from the outset are exemplary, and I look forward to contributing to the Company’s approach to best practice systems as a financial services innovator.”
About GoldMoney
GoldMoney Inc. is a global, full-reserve and gold-based financial services group. GoldMoney provides financial services as a trusted, limited third-party, combining the unique attributes of gold with technology-driven innovation. Through GoldMoney® the company offers precious metals custody and wealth services, trading and execution, and independent research to individual investors and institutions. Through BitGold™ the company operates a self-directed savings platform and a payments network allowing individuals and businesses to make or receive online, in-store or mobile payments. GoldMoney Inc. has over 340,000 clients from over 100 countries and $1.5 billion in client assets under administration. GoldMoney is regulated by the Jersey Financial Services Commission (JFSC) as a Money Services Business. The JFSC is the main supervisory body that oversees and regulates Jersey’s large financial services industry.
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