MONTREAL, May 8, 2017 /CNW Telbec/ - ROI Land Investments (OTCQB: ROII) ("ROI" or the "Company") unveils additions to its executive management team. Further to a review of the Company's strategic development plan, Dr. Sami B. Chaouch, Chairman & Chief Executive Officer, and Sébastien Cliche, President & Chief Operating Officer, are pleased to announce the following additions to the executive management team: Martin Scholz, Executive Vice-President and Antoine Tronquoy, Chief Financial Officer.
Sami B. Chaouch, Ph.D., Chief Executive Officer – A leader in institutional investing, Dr. Chaouch boasts over 25 years' senior management and investment banking experience in Canada and internationally. He has served as Executive Vice-President, M&A Director and CFO at a large Canadian media and television group for more than six years. He has led ROI since 2016 and sits on the board of directors of several companies.
Sébastien Cliche, President & Chief Operating Officer – Mr. Cliche is an experienced real estate and land developer. He has participated in the development of hundreds of residential units and commercial properties. He oversees the due diligence review of the Company's investment criteria prior to any acquisition.
Martin Scholz, Executive Vice-President – Prior to joining ROI, Mr. Scholz was a financial consultant at Deutsche Bank in Germany for 20 years and a regional director for the broker's mobile sales force. While at Deutsche Bank, he managed a team of financial advisors and was responsible for providing a range of financial and estate planning services to individuals and families. He was also responsible for the acquisition of new private and business clients, organizational planning and strategic management, as well as for advising entrepreneurs on how to successfully develop their business. Fluent in English and German. He has graduated as Certified Banking Manager Level 1 at Frankfurt School of Finance & Management.
Dr. Sami Chaouch, Chairman, Sébastien Cliche and Martin Scholz are the directors on the Board of ROI.
Antoine Tronquoy, Chief Financial Officer – Mr. Tronquoy joins ROI after three years as CFO of a real estate investment trust listed on the Toronto Stock Exchange (TSX). He has 15 years' experience as a financial manager and executive, including four years with the largest Quebec-based pension fund and seven years with one of the largest global investment banking institutions. He has solid experience in capital market and corporate finance, including raising capital (debt and equity), acquisition due diligence, international transactions and financial reporting.
"We have invested a lot of time and energy over the past few months to review and update the company's development strategy and advance our current projects. Our new executive management team will enable us to implement our business plan thanks to the combination of skills and experience we've brought together," says Dr. Sami Chaouch, Chairman and CEO.
About ROI Land Investments Ltd.
ROI Land Investments (ROI) participates in the early stages of real estate development. The Company acquires raw land free of zoning restrictions in locations positioned to benefit from unique economic catalysts. ROI also manages the permitting process, oversees the construction of infrastructure and works closely with established developers to bring the projects to completion. The Company has projects underway in North America and the UAE.
SAFE HARBOR AND INFORMATIONAL STATEMENT
This press release may contain forward-looking information, including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, including the risk disclosed in the company's statements and reports filed with the OTC Markets.
SOURCE ROI Land Investments, Ltd.
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