– USA, NJ – Reliance Global Group, Inc. (OTC: RELI) today announced that Ben Fruchtzweig and John Lowy have joined its Board of Directors.
The Company also announced that Ben Fruchtzweig and Scott Korman, a current member of the Board, have joined the Audit Committee of the Board of Directors.
Ezra Beyman, CEO of Reliance Global Group, stated, “We are delighted to welcome John and Ben to the Board of Directors. They both bring decades of legal, financial and capital markets experience, which we believe will be invaluable as we continue our growth at a national level. At the same time, we are pleased to announce the appointments of Ben and Scott to the Audit Committee of the Board. We remain committed to the highest levels of corporate governance as we position ourselves as a premier holding company in the real estate and insurance sectors. Moreover, we believe we now meet the requirements of the OTCQB Venture Market and are moving forward towards our goal of listing on a national exchange. As previously reported, our OTCQB application has been submitted and we believe we are close to final approval.”
About Ben Fruchtzweig
Ben Fruchtzweig brings decades of executive experience in accounting and financial services. He has served as Chief Comptroller/Financial Analyst at national financial services and investment companies. He received his NYS C.P.A license in 1987 and has worked at Deloitte Haskins and Sells and other leading accounting firms. Currently, Mr. Fruchtzweig lectures on a variety of topics including business ethics. He also serves on a voluntary basis as a trustee of a non-profit private foundation, which serves to provide the needed financial support, services and guidance to qualifying individuals and families. Mr. Fruchtzweig graduated Magna Cum Laude from Queens College/ C.U.N.Y. in June 1985.
About John Lowy
John Lowy is the founder and senior partner of the law firm John B. Lowy PC and is also founder and CEO of Olympic Capital Group, Inc., founded in 1993. The law firm specializes in corporate and securities laws and has represented clients from various industries that have gone public via IPOs and reverse mergers. Olympic is a boutique NY-based investment banking firm, which specializes in assisting its clients, both public and private companies, in raising capital, both debt and equity, and has raised capital in hundreds of transactions. Mr. Lowy is a FINRA-registered Series 79 investment banker. He is a graduate of Tufts University and the University of Pennsylvania Law School and is a licensed attorney in New York and New Jersey.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. is moving forward with its goal to operate as a holding company for several companies in the real estate, insurance brokerage, and potentially other sectors. RELI’s focus continues to be to grow the Company by pursuing an aggressive growth strategy of acquisition opportunities, including both real estate and insurance agencies. Insurance agencies, as opposed to insurance carriers, bear no insurance risk. The Company is controlled by Reliance Global Holdings, LLC, a New York-based limited liability company, which is the owner and operator of numerous companies with core interests invested in real estate and insurance brokerage.
For more information: https://www.relianceglobalgroup.com
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