FAVO Capital, Inc. announced the appointment of Glen Steward as the Chief Strategy Officer (CSO) to the company's Board of Directors. An experienced professional with over 25 years in the financial and investment industry, Glen brings specialized skills, in-depth expertise and strategic insight, further strengthening the exceptional leadership team at FAVO. Glen is the Founder and Chairman of Stewards Investment Capital, a significant shareholder in FAVO Capital, Inc. He has an extensive background as a Director and Board Member of various companies within the financial industry.

Currently holding positions on the board of two Asset management companies registered by the Financial Sector Conduct Authority (FSCA) South Africa and Financial Services Commission (FSC) Mauritius, Glen has demonstrated exceptional leadership and expertise in navigating the complexities of the financial landscape. Glen founded Stewards International Funds PCC, leveraging the valuable experience gained while working for renowned investment banks such as Merryll Lynch and DMG Deutsche Morgan Grenfell during his five-year tenure in London. Glen's strategic prowess played a pivotal role in the integration of the FAVO Group of Companies into FAVO Capital, Inc, leading him to join the Advisory Board in June 2023.

Since then, he has been driving substantial investment into FAVO Capital Inc. by facilitating a groundbreaking investment by one of South Africa's largest pension funds through Stewards Investment Capital. As the new Chief Strategy Officer, Glen will play a pivotal role in shaping the strategic direction of FAVO Capital, Inc. His appointment comes at an opportune time as FAVO Capital, Inc. rolled out its expansion plan starting with 3 recent acquisitions early January, reinforcing its position as a leader providing customized funding for small and mid-sized businesses. FAVO Capital Inc. will continue to bolster its expertise in key roles to ensure best in class corporate governance and service delivery.

Glen's appointment reinforces FAVO Capital's commitment to excellence, prudent risk management and innovation in the financial services industry. The company looks forward to achieving new milestones under his strategic guidance.