BANGI Inc. announced that it has appointed World Bank advisor Chairman of the Board Dr. Neil Parsan to the additional position of Chief Executive Officer. The appointment completes a planned succession plan following the transition of Rick Shykora as Interim Chief Executive Officer, to Dr. Parsan, effective immediately. Dr. Parsan, who was appointed as Chairman of the Board in November 2018, managed the Company’s reverse merger with Compass Biotechnologies from its initial due diligence stages to its completion announced last week. In addition, during his role as Chairman of the Board, BANGI has significantly expanded its footprint across the cannabis industry, added additional prominent Board members and has positioned the Company to embark on a series of strategic acquisitions, consistent with its unique business model. Dr. Neil Parsan formerly served as the Ambassador Extraordinary and Plenipotentiary to the United States of America, non-resident Ambassador to the United Mexican States, and Permanent Representative of Trinidad and Tobago to the Organization of American States (OAS). He also held the Cabinet position of Executive Secretary for Integral Development at the Organization of American States (OAS) as confirmed by 34 countries through the Inter-American Council for Integral Development (CIDI) in September 2015. Currently, Dr. Parsan remains a respected diplomat, globalist, strategist and Secretary for Integrated Development for (OAS).