Sealand Capital names Exec Director Cao CEO as Sawyer steps down

(Alliance News) - Sealand Capital Galaxy Ltd on Thursday announced a change in leadership, with Chief Executive Officer Thomas Sawyer stepping down and Executive Director Siqi Cao appointed as his successor with immediate effect.

The Asia-focused digital investor that offers financial and strategic support to entrepreneurs said Sawyer will remain with the business to support an orderly transition of responsibilities.

Sealand said Sawyer led the group through a period of "strategic repositioning" during his tenure, including a realignment of its business model and the establishment of a platform for future growth.

Chair Elena Suet Sum Law thanked Sawyer for his contribution, saying he had played "an important role in repositioning Sealand and establishing a platform for future growth".

Incoming CEO Cao said he was committed to delivering value for shareholders and building on the foundations established under Sawyer's leadership.

"It has been a privilege to lead Sealand through an important phase of its development," Sawyer said, adding that the company now has "a firm base...to pursue compelling growth opportunities".

Shares in Sealand Capital Galaxy were up 11% at 0.30 pence in London on Thursday morning.

By Eva Castanedo, Alliance News reporter

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