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Management Beat Aus der Au (C.F.O.) of Lugano, Switzerland . Mr. Aus der Au is the new Chief Financial Officer of the Corporation. His professional activity began thirty-four years ago in Union Bank of Switzerland and since 1976 he had experience in administrative and financial departments of industrial shipping and private oil trading companies, acting as chief accountant and controller. In 1991 he also had a five years experience as auditor where he acted as chief officer and director.
Board of Directors Vittorio Boeri, of Lugano, Switzerland, is the managing director of Amaltea SA, a private equity firm and an introducing broker for AMT Futures Ltd, London. Mr Boeri graduated at the Univeristy of Zurich, Switzerland and has 27 years experience in the financial and banking sectors. Marco Mahler, of Lugano, Switzerland, is the Presidnet and Chief Executive Officer of the Company. Giovanni Mahler, of Lugano, Switzerland. Mr. Mahler is a director of various companies including: Balmac International Inc., a physical merchant of green coffee beans, cocoa beans and cocoa products, the Seagas Group of Companies, a crude oil trading group, Vela Energy Holdings Ltd., a company that owns important shareholdings in energy-related companies and in shipping. Oliver Stahel, of Zurich, Switzerland, is the Chairman of the Company and is Vice Chairman of Balmac International Inc., a physical trader of green coffee beans, cocoa beans and cocoa products. Mr. Stahel has built up his career in commodity trading (raw cotton) and finance. He is a member of the board of the following companies: Balmac International, Inc., (New York); Bogner Sport AG, (Zurich); Willy Bogner GmbH & Co., (Munich); Liverpool Cotton Research Corp., (Liverpool); OKA Textile Company, Ozery, (Moscow); Navigator Holdings, (Castle Town), Isle of Man; Balfour Asset Management, (Tortola) B.V.I.; Real2 Immobilien AG, (Köln); Combaro SA, (Lausanne). He is also a member of the Advisory Board of FINEX Europe (a Division of the New York Cotton Exchange), Dublin and a former Vice?]Chairman of the Arab?]Swiss Chamber of Commerce and Industry, Geneva. Stuart Sundlun, of New York, USA, is a managing director of Global Emerging Markets, a private equity firm investing in minority positions in public companies and control positions in private companies in both the US and internationally. Previously, as a managing director of Grosvenor Equities Inc. Mr. Sundlun structured private equity investments in Russia and raised capital for emerging growth companies. Mr. Sundlun began his career in finance at Chase Manhattan and as an associate in corporate finance at Lehman Brothers Inc. Mr. Sundlun serves on the Board of Directors of South Oil Corporation which is developing an oil field in Astrakhan, Russia and the Dignity Fund, which makes loans to microfinance institutions. Mr. Sundlun received an MBA from Columbia Graduate School of Business in finance and a BA from Harvard University, cum laude, in government - international relations. Michael Tziras, of London England. Mr. A.M. Tziras is the present CEO of Navigator Gas Management Ltd. He is a lawyer, member of the Athens Bar Association with many years of shipping experience and has been practicing shipping law since 1968. He has worked as a legal/financial consultant and has held a managing postion in various institutions related to shipping such as the Commercial Bank of Greece, Andreadis (UK) Ltd and the Phoenix Greek Hull Insurance Pool. In addition he has been the founder of Finconsult, a company involved in shipping finance, Intership Agencies (London) Limited, a company that acts as agents/managers and shipbrokers and A.M. Tziras & Associates a law firm that specialises in commercial law.
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