The Board of Arowana International Limited (ASX: AWN) is pleased to announce the appointment of Mr. Eduardo (Ed) Fernandez as a Non-Executive Director, commencing on 2 April 2018.

Ed has subject matter expertise in the areas of artificial intelligence and machine learning and extensive practical experience in the application of such tools to help companies to scale. Importantly, Ed shares the same entrepreneurial spirit and core values of Arowana, and his domain expertise will help us to deliver on our strategy to future-proof and scale up our various operating companies and investment funds. His engineering background complements the existing skills of the Board, which comprise legal, software, technology, accounting, and corporate finance experience.  

Ed’s appointment retains a 3:1 ratio of Non-Executive to Executive Directors on the Board. It is also part of the Board’s succession planning, with the Honourable John Moore AO retiring from his position as a Non-Executive Director on 30 June 2018. John has been a board member across various Arowana businesses since our inception in 2007 and will remain on other Arowana related Boards that are Australian-based, including the Arowana Contrarian Value Fund (CVF).

Arowana would like to thank John for his contribution to AWN over the years and look forward to continuing to serve with him on other local Boards.