Tinubu Square restructures management team

KUALA LUMPUR, April 12 (Bernama) -- Tinubu Square is restructuring its management team following the recent EURO53 million (US$ 65.55 million) investment by Long Arc Capital and Bpifrance.

Tinubu Square´s strategy for 2018 is to expand its international footprint by enabling and supporting the digital transformation of specialty lines insurance and receivables financing amongst its existing and potential customers, a statement said.

The restructuring is marked by the appointment of group executive vice-president, Business Development, Bijan Olfati and co-founder of Tinubu Square, Olivier Placca as the new deputy chief executive officer (CEO) of the company.

Bijan Olfati, the former area vice-president, North America at Oracle Financial Services Global Business Unit will be responsible for growing global market share.

His expertise in financial services, data and enterprise risk management will be vital in helping Tinubu Square build a strong commercial and branding strategy.

The new deputy CEO, Olivier Placca will take over the day-to-day management of the company.

The appointment and restructure changes are part of Tinubu Square's global approach which will see its president, J?me Pez?ased in Canada, Bijan Olfati based in the United States and Olivier Placca remaining at the company's head office in Issy-les-Moulineaux near Paris.

Tinubu Square is the industry leader in trade credit, surety and receivables financing solution. The company is also a software vendor and enabler of the Trade Credit digital transformation. More information at www.tinubu.com.

--BERNAMA