Newmark Security appoints Terence Yap to its Board as Independent Director

– UK, London –  Newmark Security plc (LON: NWT), a leading provider of electronic and physical security systems, today announced the appointment of Terence Yap as an Independent Non-Executive Director, with immediate effect.

“On behalf of the Board, I am delighted to welcome Terence as a Non-Executive Director. With over 25 years’ of experience in the sector we are looking forward to his strategic advice as we plan the next phase of the business’s growth and expansion. The addition of Terence to the Board with his depth of knowledge is a wonderful endorsement of our strategy and ambition.” said Marie-Claire Dwek, CEO.

About Terence Yap

Terence is currently the Chairman of Guardforce AI Co. Ltd, a group focusing on delivering technologically innovative security solutions within the Asia Pacific region. Guardforce AI was established in 2018 and in the same year acquired Guardforce Cash Solutions (Thailand), a cash-in-transit business established in 1982 and which was formerly a wholly-owned subsidiary of G4S Plc.

He was previously CEO of the Guardforce Group, a leading security solution provider with more than 12,000 employees with operations in Hong Kong, Australia, Macau and Thailand. Prior to joining the Guardforce Group, Mr. Yap was the Chief Financial Officer of China Security and Surveillance Technology, Inc. (listed on both the NYSE and Dubai International Financial Exchange from 2007 to 2011) from 2006 to 2014. He was instrumental in transforming the business from a security equipment assembler/manufacturer into a service provider with strong recurring cashflows.

Mr. Yap has more than 25 years’ experience in various industries including Telecommunications, Security and Smart Cities Development. Over the years, he has developed specific skill sets that have facilitated Change Management, Investor Relations, Capital Market Operations, Corporate Restructuring, Profit & Loss Ownership/Responsibilty and People Management.

He is resident in Hong Kong, is a Singapore citizen and a former Army Officer. Mr Yap is a graduate of BBUS (Accounting & Finance), from the Swinburne University of Technology, Victoria, Australia and an MBA graduate from the Chinese University Hong Kong. He is a member of the Hong Kong Security Services Training Board, a Fellow member of the Hong Kong Institute of Directors, a Fellow member of the Chartered Management Institute (UK) and a member of the Australian Institute of Company Directors.

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

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