– Appointments support YuuZoo’s continuous global expansion
– New CFO joins from leading global e-commerce payment company with over US$ 5 billion in transaction volume
– Ex-Managing Director of Goldman Sachs joins as new Independent Board member

Singapore-based YuuZoo Corporation (“YuuZoo” SGX: AFC), the world’s first third generation social e-commerce company today announced that it has made two new key appointments to strengthen its senior management team and board. The appointments add significant knowhow and expertise in payments, gaming and e- commerce, areas that are key to YuuZoo’s continued global growth. They also add significant knowhow in key functions including key management processes, cross-border M&A, business development and financial management.

YuuZoo’s new CFO, Linda Hoglund, joins the company from Klarna, one of the world’s fastest growing e-commerce payments and service providers with over US$ 5 billion in yearly transaction volume. Klarna is financed by some of the world’s largest PE firms including Sequoia, General Atlantic, Digital Sky Technologies and Atomico.

At Klarna, Ms. Hoglund was Group CFO from 2011 to September 2013, and from October 2013 until now Head of Klarna’s Asian operations. Before Klarna, Ms. Hoglund has been Group CFO for Relacom, a global telecom service provider with 12,000 employees and revenues of US$ 1 billion, and CFO Europe games for Electronic Arts, one of the world’s largest game publishers with revenues of over US$ 4 billion. She has also been both CFO and deputy CEO of a large listed company.

Kee Poir Mok, who joins YuuZoo’s Board of Directors as a new Independent Director, is a former Managing Director of Goldman Sachs. He has also held senior positions at Nikko Commercial Bank and United Overseas Bank. He is currently a Managing Partner of 125Capital LLC.


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