Mobilum Technologies Inc., a technology-driven company making digital assets and cryptocurrencies accessible through traditional finance and payment infrastructure, is pleased to announce the appointment of Mr. Wallace Mathai-Davis, Ph.D., to the Board of Directors.
Mr. Mathai-Davis was the Co-Founder, Chairman & Managing Member of Quantalytics AI Labs, recently acquired by Forbes. He now serves on the Q.ai Board. Mr. Mathai-Davis has over 35 years of experience as a senior executive in international asset management and merchant banking. Mr. Mathai-Davis has been responsible for significant investment business and substantial investments in the diverse markets of Latin America, Asia, Eastern Europe and the European Union, in addition to North America.
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Over the course of his professional career, Mr. Mathai-Davis has been involved in a number of successful FinTech initiatives delivering financial services through the use of advanced technologies. For nearly eight years, he was a member of the Supervisory Board of 360 Treasury Systems, AG and an advisor to its CEO. 360T is the largest foreign exchange ECN in Europe and one of the most successful FinTech companies in Germany. It was sold in October 2015 to the Deutsche Boerse for nearly $800 million. He remains Chairman of the North American subsidiary, 360 Trading Networks Inc. Mr. Mathai-Davis is also the Chairman of Regulator Group, LLC, a private company investing in growth and technology companies.
Mr. Mathai-Davis was the COO, shareholder and a partner for 16 years at OFFITBANK, a leading independent asset manager and private bank with 7 regional offices including Hong Kong. He was also the Chairman and CEO of the Offit Investment Fund, a mutual fund complex. Mr. Mathai-Davis was Co-Head of Emerging Markets, and OFFITBANK was an early investor in the newly emerging securities markets of Latin America, Greater China, and Eastern Europe. After the sale of OFFITBANK to Wachovia, then the sixth largest bank in the United States, he became a member of the Group Management Committee for Asset Management, Brokerage and Private Banking.
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Mr. Mathai-Davis co-founded and was co-CEO and Board member of ChinaVest, Ltd., one of the first independent merchant banks chartered in the People’s Republic of China. ChinaVest provided cross-border mergers and acquisitions to Global 1000 companies such as IBM, John Deere, and AIG, in addition to Chinese companies. Mr. Mathai-Davis was a Director of Regina Pacific, a Chinese Holding Company with diversified holdings in real estate, manufacturing, tourism and finance. Prior to this, Mr. Mathai-Davis joined the Board of Directors of Mercantile Bankshares and assumed the responsibilities of Chairman of Investment and Wealth Management of the holding company. He was also a Director of Global Decisions Group, which owned MCM Bond and Currency Market Services and Cambridge Energy Associates.
Mr. Mathai-Davis has been very active in the non-profit sector. He was the Treasurer of the Board of Trustees of the Cathedral of St. John the Divine in New York City, the second largest church in the world, for thirteen years. He was a founding member of the Investment Committee of the internationally recognized Max Planck Foundation in Munich and has been a member of the IFO Institute in Germany for over 25 years. He was also a Director for the Walters Art Museum and was a Director for the Public Education Association for many years. He is also currently a trustee Emeritus of the Johns Hopkins University Institute of Contemporary German Studies, and served for more than a decade, as a member of the Advisory Committee of the Sociology Department of Princeton University.
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