Tingo Group, Inc. announced a further significant strengthening of its Board of Directors and Executive Team through the appointments of C. Derek Campbell as a Group Independent Director and Chairman of the Company?s new Strategic Growth Committee, and Gabriel David as Chief Audit Executive. All appointments, which are effective immediately, bring a wealth of financial, strategic and leadership expertise and experience to the Company. The appointment of C. Derek Campbell as a Group Independent Director and Chairman of the new Strategic Growth Committee at Tingo represents a significant enhancement to board.

Mr. Campbell is an experienced senior executive leader and strategic advisor with business interests across the energy, natural resources, infrastructure, security, and defense sectors. He is the Group Managing Partner of LVC Global Holdings, LLC, an international asset acquisition, investment, and consulting platform that optimizes and monetizes opportunity ?ow across the Emerging and Frontier Markets, with a particular focus on Africa. Mr. Campbell is also a Distinguished Fellow of the Global Federation of Competitiveness Councils, a former Principal Committee Member of U.S. EXIM Bank?s Sub-Saharan Africa Advisory Committee, and a former Advisory Board Member of the African Energy Chamber.

He holds a Bachelor of Science Degree from the University of Maryland and a Master of Strategic Studies from the U.S. Army War College. Additionally, Mr. Campbell is a Colonel in the United StatesMarine Corps Reserves, having served with distinction in operational combat tours in Iraq, Afghanistan, and South Sudan. He also served in high-level staff tours as the U.S. Marine & Naval Attaché to Nigeria, the Chief of Military Plans for the U.N. Mission in South Sudan (UNMISS), and the U.S.Marine Corps Liaison O?cer to the Defense Threat Reduction Agency (DTRA).

The Company has also appointed Gabriel David as Chief Audit Executive. Mr. David has extensive experience as a financial compliance and internal audit leader with international public companies. Prior to joining Tingo, Mr. David was Regional Director of Financial Compliance at Orbia, a company providing specialty products and methodologies in the agriculture, building and infrastructure and data communications sectors.

He was the Corporate Internal Auditor at Nasdaq listed Tower Semiconductor and Newport Corporation, where he was responsible for all internal audit staff and assignments; and also served with Ernst & Young in Israel and Australia for seven years, specializing in risk advisory, internal audit and SOX compliance. Mr. David is a Certified Fraud Examiner of the Association of Certified Fraud Examiners, Member of the Institute of Internal Auditors, and Member of the Institute of Chartered Accountants in Australia. Mr. David holds bachelor?s degrees in Commerce and Accounting & Information Systems from the University of New South Wales.