GSTechnologies announced the appointment of Jack Bai, existing Executive Director, as the new CEO with immediate effect.
Jack Bai, who joined the GST board in January 2021, has over 30 years’ experience in software development for the financial and telecommunication industries. He is a successful technology entrepreneur, who has successfully built and exited multiple companies, including in fintech and payment solutions. He is a co-founder of Wise MPay, the Company’s collaboration partner, and leads the development of the Coalculus blockchain technology. Since joining GST he has been leading the Group’s blockchain technology activities and its plans to launch a borderless neobanking platform providing next-generation digital money solutions.
GSTechnologies (LON:GST) overall development of the group includes large customer accounts and growing their blockchain payment and financial services business, with blue sky opportunities in new Disruptive Technologies with synergy to their existing business.