Stockholm IT Ventures AB Announces EGM to Appoint Roger Tamraz to Its Board

Stockholm IT Ventures will be holding an EGM on Jan. 31, 2018, in Nacka, Sweden, to appoint billionaire Roger Tamraz to its board of directors.

Roger Tamraz is renowned as a very successful banker and venture capital investor who founded the oil company Tamoil, which he built from the acquired assets of Amoco and Texaco. Tamoil has since gone on to become a $20 billion turnover business. During his time in the oil industry, Mr. Tamraz has been responsible for some of the most innovative pipeline engineering projects including the Suez-Mediterranean pipeline, which was considered one of the world's greatest engineering feats.

Wayne Lochner, chairman of Stockholm IT Ventures, said, "We are delighted to have someone with Roger's wealth of experience join the board of Stockholm IT Ventures, subject to EGM approval. He will undoubtedly add a huge amount of expertise to the board as the company continues to grow and acquire complimentary companies. We very much look forward to working with him and benefiting from his input in the future direction of the company."

Roger Tamraz said, "I am delighted to be joining the board of Stockholm IT Ventures subject to approval at the EGM. I think it is a very exciting company with a huge potential to become a major force in the world of cryptocurrencies. I look forward to playing my part in this exciting company."

For further information, please contact:

Stockholm IT Ventures AB
Vikdalsgränd 10A
S- 131 27 Nacka Strand
Wayne Lochner
Tel.: +44 207 148 6214
Cell: +44 7956173408

Source: Stockholm IT Ventures AB


Categories: Business Technology, Cryptocurrency

Tags: banking, billionaire, bitcoin, blockchain, boerse, cryptocurrency, ethereum, mining, oil

About Stockholm IT Ventures AB

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Stockholm IT Ventures AB is a Swedish public company listed on the Frankfurt Stock Exchange under the ticker symbol SVAB.

Matthew Nuttall
Alternative Director, Stockholm IT Ventures AB
Stockholm IT Ventures AB
Vikdalsgrand 10a, s-131 27 Nacka strand
Stockholm, Stockholm