Society Pass Incorporated appointed Raynauld Liang as Chief Executive Officer.Mr. Liang began his career as a Finance Manager at IBM Global Services/IBM Asia Pacific Software Group based in Singapore. Mr. Liang then worked at a Singapore mainboard listed company Hyflux Limited as a finance manager from 2005 to 2007. Mr. Liang worked at a China based Singapore listed company Sino Environment Technology Group Limited as Chief Financial Officer from 2007 to 2010.

Mr. Liang later joined Primeforth Capital Limited a Singapore-based boutique corporate advisory firm as an investment director to work on startup companies and pre-IPO fund raising activities from 2010 to 2012. He later founded Connex Capital Limited in 2012, a corporate advisory firm with a focus on advising companies with IPOs in Singapore and Hong Kong. He headed the investment function of a family office, L K Ang Corporate Pte Ltd. from 2014 to 2019.

Mr. Liang earned a Bachelor of Commerce from The University of Queensland in Australia majoring in accounting. Mr. Liang?s appointment was concurrent with the resignation of Dennis Nguyen, as Chief Executive Officer of the Company, and all the positions that he held in the Company and each subsidiary of the Company, effective immediately. Mr. Nguyen?s resignation did not result from any disagreement with the Company.

Mr. Nguyen entered into a Transition, Release and Consulting Agreement with the Company that will require Mr. Nguyen to provide consulting services through December 31, 2025. The Company will not appoint a new director to replace Mr. Nguyen and the Company?s Board of Directors will remain at four members.