Fobi AI Inc. (FOBI: TSXV FOBIF: OTCQB) (the “Company” or “FOBI”), a leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement, is pleased to announce the appointment of Annie Chan as its Chief Financial Officer (CFO), effective April 1st, 2022. This is the first time that Fobi has invested in a full-time CFO since the company was founded, highlighting the importance of this role to drive growth at Fobi at this pivotal time in the company’s expansion.

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Ms. Chan has over 15 years post-qualification experience with publicly listed companies covering sectors in SaaS, telecommunications, mining and financial services. Most recently, she held the role of Chief Financial Officer with RESAAS Services Inc., a real estate digital cloud platform, where she played a cross sectional role, enabling data driven decisions to acquire and engage RESAAS’s 400,000 users. Prior to that, she was the Chief Financial Officer of Urban Communications Inc., a fibre optic internet company where she was instrumental to its acquisition by a global conglomerate in 2017. With a focus on helping early revenue staged companies start, scale and exit, Ms. Chan brings diverse experience that aligns well with Fobi’s planned growth. Ms. Chan is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Commerce degree from the University of British Columbia.

Fobi CEO Rob Anson stated: “Annie’s experience driving growth and revenue at emerging tech and cloud companies makes her the perfect choice to help take Fobi to the next level. As CFO, Annie is another key strategic addition to our team, and I look forward to working together and seeing her impact on our corporate strategy and growth initiatives.”

CFO, Annie Chan stated: “I am excited to join Fobi at this inflection point in their growth trajectory. In a world where data is plenty but information is scattered, Fobi’s focus on digital transformation converts static information into data that can be acted upon, enabling users to engage with their customers in a meaningful way. Fobi’s continued AI-driven data and product innovations will only enhance the quality of its suite of products. I see significant scalability for Fobi and I look forward to working with the team in executing the Company’s strategic and financial goals.”

With Annie joining Fobi as CFO, Fobi’s current part-time CFO Mark Lotz will end his tenure after ensuring a smooth transition period. Mark will be returning to his CPA consulting company, and Fobi would like to thank Mark for his contributions to the company.

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