TNT.L Regulatory News (TNT)

3 February 2023

TINTRA PLC

 ("Tintra", the "Group" or the "Company")

Key Management Appointment

The board of directors (the "Board") of Tintra, the fast-growth Deep Tech & Banking business, is pleased to announce the appointment of Constantine Chikosi as Director of Strategic Initiatives for Africa. This position has been created as the Group continues to cement itself in these regions as a core element in its plan to build global banking infrastructure driven by culturally aware Artificial Intelligence and Natural Language Processing tools. 

Mr Chikosi will have a vital role in driving stategy and further developing the Group's relationships with governments and financial institutions throughout Africa.

Mr Chikosi is a senior business executive with over 25 years of experience in emerging markets and high-level global relationships in both public and private sectors.

After gaining a Masters Degree in Economics, Mr Chikosi joined the Anglo American mining group, before moving to the London office of the Commonwealth Secretariat in 1990, qualifying as a Chartered Management Accountant and becoming Chief Economics Officer. 

In 2000 Mr Chikosi joined the World Bank, and in an almost 20 year spell there held various leadership roles at its Washington DC headquarters and in its offices in Africa and South East Asia, eventually becoming Regional Director of Portfolio & Operations (Southeast Asia) in 2013. 

Since retiring from his full time position at the World Bank in 2019, he has remained with them as a Strategic Advisor while building a portfolio of private sector advisory roles in the UK, Africa and the Indian Ocean. Among these roles, Mr Chikosi serves on the Board and the Strategy Committee of MCB Group, owner of Mauritius Commercial Bank, the largest bank in Mauritius and listed on the local stock exchange, and as a Board Member at Strand Hanson Ltd, a London-based merchant bank.

Constantine Chikosi commented, "I am delighted to join Tintra PLC as Director for Strategic Initiatives. Tintra's core mission is to accelerate financial inclusion in emerging markets by leveraging the predictive capabilities of artificial intelligence to remove human bias and prejudice in banking decisions.

The much improved and fairer access to finance that this approach brings will open doors to a world of development possibilities for individuals, communities and countries in the emerging markets. That is why I am delighted to join Tintra. Working within Tintra's dynamic and innovative team, my immediate priority is to lead the creation of the group's business development and market penetration strategy in Africa."

Richard Shearer, Tintra's CEO, said, "The first time we met it quickly became evident to me that Constantine Chikosi's textured knowledge of parts of the world I know rather well was so many levels above my own that it opened up a new frame of possibilities and solutions in my thinking.

I am humbled by the fact that our vision is shared by someone with such vast experience of being able to turn vision into reality through smart strategy and deliverable tactics.

As we move from vision and philosophy into our execution phase I am supremely comfortable that our Africa strategy will be equal to our vision driven by the depth of experience Constantine brings to this new role.

We continue to drive solutions that deal with the aims and intents set out by governments, regional and bodies international bodies such as the IMF and World Bank.

I welcome Constantine to Tintra and I very much look forward to the journey together as we use Artificial Intelligence to drive Real Change."

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