Advanced Blockchain AG Announces New Management Board Team

Berlin, August 6, 2024 – Advanced Blockchain AG (AB), a leading incubator and investor in the blockchain industry, has announced its new Management Board team. The team will include Mr. Hatem Elsayed as Chief Operating Officer and Mr. Maik Laske as incoming Chief Financial Officer.

Mr. Hatem Elsayed assumes his new role immediately. Having served as a leading project manager at Advanced Blockchain AG, he will now take on a broader and more strategic role. Mr. Elsayed brings extensive experience in the blockchain and Web3 sectors, being an angel investor and an ambassador for the Polkadot Network in the Middle East region.

Mr. Maik Laske, who will join the company soon, has over 30 years of experience in Investment Banking, Finance, Treasury, Investor Relations, and Mergers & Acquisitions. His notable positions include serving on the management board of Société Générale Germany and in a senior management role in the Fintech sector.

The new Management Board team aims to restore trust and credibility with investors. Chairman of the Supervisory Board, Rüdiger-Andreas Günther, expressed confidence in the new appointments and emphasized the Company’s focus on enhancing communication, transparency, and investing in early-stage companies within the blockchain and Web3 sectors.

An investor update call is scheduled for August 8, 2024, at 2:00 pm CEST. Registration is available at https://t.ly/VLs4j.