To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis
KFSH&RC-Riyadh

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis

RIYADH, Saudi Arabia, March 25, 2024 (GLOBE NEWSWIRE) — In a ground-breaking development, scientists at King Faisal Specialist Hospital and Research Centre (KFSH&RC) have identified a new species of bacteria, referred to as “Stenotrophomonas Riyadhensis” through the application of whole-genome sequencing (WGS) technology. This discovery signifies a major advancement in understanding how bacteria interact with existing drugs, paving the way for innovative therapeutic strategies. Such efforts are essential in the global fight against antibiotic-resistant bacteria, highlighting KFSH&RC’s advanced research capabilities and its leading role in fostering scientific discoveries and enhancing patient care.

The discovery of “Riyadhensis” reinforces the potential of genomic tests in innovating promising diagnostic and therapeutic methods, as well as deepening the understanding of bacterial resistance mechanisms, particularly in sensitive environments like intensive care units (ICU) and among patients with compromised immune systems. This represents substantial progress in combating antibiotic resistance, developing pharmaceuticals, and preventing the spread of diseases.

This newly identified bacteria was discovered amid an in-depth investigation into a suspected outbreak in the ICU of KFSH&RC in 2019, highlighting challenges previously unrecognized by the global scientific and medical communities in pinpointing and countering new bacterial strains. Initially thought to be a variant of Pseudomonas aeruginosa, a disease-causing bacterium known for its resistance to antibiotics, subsequent WGS analysis revealed it did not share the common characteristics of the Pseudomonas genus. Instead, Riyadhensis was found to belong to the Stenotrophomonas family, with a unique genetic composition and morphological traits, unlike any other scientifically recognized members.

Dr. Ahmad Al Qahtani, Head of the Infectious Disease and Immunity Department at The research center of KFSH&RC stated: “Traditional bacterial identification methods may lead to misidentification, in contrast, WGS analysis offers a precise and targeted approach that ensures accurate identification and provides detailed insights into resistance mechanisms, proving its significance in disease outbreak investigations and patient care improvements.”

Dr. Reem Almaghrabi, Head of Transplant Infectious Diseases at the Organ Transplant Centre of Excellence at KFSH&RC highlighted the discovery’s importance in advocating for continuous monitoring and the use of advanced technologies like WGS in developing faster and more accurate diagnostic methods. Furthermore, this approach lays the groundwork for scientific collaboration at all levels, enhancing global efforts to combat antibiotic resistance.

Understanding the nuances of new bacterial species, particularly their antibiotic resistance, is crucial in modern healthcare and serves as the primary means of combating bacterial infections. As these bacteria continuously evolve their resistance, they pose a significant and ongoing threat to human health.

It is noteworthy that KFSH&RC has been ranked first in the Middle East and Africa, and 20th globally, in the list of the top 250 healthcare institutions worldwide for the second consecutive year, according to the 2024 Brand Finance rankings. Additionally in the same year, it was ranked among the world’s best hospitals by the prestigious Newsweek magazine.

King Faisal Specialist Hospital & Research Centre stands among the global leaders in providing specialized healthcare, driving innovation, and serving as an advanced hub for medical research and education. Through strategic partnerships with prominent local, regional, and international institutions, the hospital is dedicated to advancing medical technologies and elevating the standards of healthcare worldwide.

About King Faisal Specialist Hospital & Research Centre (KFSH&RC):

King Faisal Specialist Hospital & Research Centre (KFSH&RC) stands as a leading healthcare institution in the Middle East, envisioned to be the optimal choice for every patient seeking specialized healthcare. The hospital boasts a rich history in the treatment of cancers, cardiovascular diseases, organ transplantation, neurosciences, and genetics.

In 2024, “Brand Finance” ranked King Faisal Specialist Hospital & Research Centre as the top Academic Medical Centre in the Middle East and Africa, and among the top 20 globally. Additionally, in 2024, it was recognized as one of the World’s Best Hospitals by Newsweek magazine, and ranked # 1 in KSA.

As part of Saudi Vision 2030, a royal decree was issued on December 21, 2021, to transform the hospital into an independent, non-profit, government-owned entity, paving the way for a comprehensive transformation program aimed at achieving global leadership in healthcare through excellence and innovation.

CONTACT INFORMATION

For more information, please contact:

Mr. Essam Al-Zahrani, Media Affairs Acting Head, 0555254429

Mr. Abdullah Al-Awn, Senior Media Editor, 0556294232

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c4299c01-0079-498b-8350-bd085d769150

GlobeNewswire Distribution ID 9078638

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis
KFSH&RC-Riyadh

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis

RIYADH, Saudi Arabia, March 25, 2024 (GLOBE NEWSWIRE) — In a ground-breaking development, scientists at King Faisal Specialist Hospital and Research Centre (KFSH&RC) have identified a new species of bacteria, referred to as “Stenotrophomonas Riyadhensis” through the application of whole-genome sequencing (WGS) technology. This discovery signifies a major advancement in understanding how bacteria interact with existing drugs, paving the way for innovative therapeutic strategies. Such efforts are essential in the global fight against antibiotic-resistant bacteria, highlighting KFSH&RC’s advanced research capabilities and its leading role in fostering scientific discoveries and enhancing patient care.

The discovery of “Riyadhensis” reinforces the potential of genomic tests in innovating promising diagnostic and therapeutic methods, as well as deepening the understanding of bacterial resistance mechanisms, particularly in sensitive environments like intensive care units (ICU) and among patients with compromised immune systems. This represents substantial progress in combating antibiotic resistance, developing pharmaceuticals, and preventing the spread of diseases.

This newly identified bacteria was discovered amid an in-depth investigation into a suspected outbreak in the ICU of KFSH&RC in 2019, highlighting challenges previously unrecognized by the global scientific and medical communities in pinpointing and countering new bacterial strains. Initially thought to be a variant of Pseudomonas aeruginosa, a disease-causing bacterium known for its resistance to antibiotics, subsequent WGS analysis revealed it did not share the common characteristics of the Pseudomonas genus. Instead, Riyadhensis was found to belong to the Stenotrophomonas family, with a unique genetic composition and morphological traits, unlike any other scientifically recognized members.

Dr. Ahmad Al Qahtani, Head of the Infectious Disease and Immunity Department at The research center of KFSH&RC stated: “Traditional bacterial identification methods may lead to misidentification, in contrast, WGS analysis offers a precise and targeted approach that ensures accurate identification and provides detailed insights into resistance mechanisms, proving its significance in disease outbreak investigations and patient care improvements.”

Dr. Reem Almaghrabi, Head of Transplant Infectious Diseases at the Organ Transplant Centre of Excellence at KFSH&RC highlighted the discovery’s importance in advocating for continuous monitoring and the use of advanced technologies like WGS in developing faster and more accurate diagnostic methods. Furthermore, this approach lays the groundwork for scientific collaboration at all levels, enhancing global efforts to combat antibiotic resistance.

Understanding the nuances of new bacterial species, particularly their antibiotic resistance, is crucial in modern healthcare and serves as the primary means of combating bacterial infections. As these bacteria continuously evolve their resistance, they pose a significant and ongoing threat to human health.

It is noteworthy that KFSH&RC has been ranked first in the Middle East and Africa, and 20th globally, in the list of the top 250 healthcare institutions worldwide for the second consecutive year, according to the 2024 Brand Finance rankings. Additionally in the same year, it was ranked among the world’s best hospitals by the prestigious Newsweek magazine.

King Faisal Specialist Hospital & Research Centre stands among the global leaders in providing specialized healthcare, driving innovation, and serving as an advanced hub for medical research and education. Through strategic partnerships with prominent local, regional, and international institutions, the hospital is dedicated to advancing medical technologies and elevating the standards of healthcare worldwide.

About King Faisal Specialist Hospital & Research Centre (KFSH&RC):

King Faisal Specialist Hospital & Research Centre (KFSH&RC) stands as a leading healthcare institution in the Middle East, envisioned to be the optimal choice for every patient seeking specialized healthcare. The hospital boasts a rich history in the treatment of cancers, cardiovascular diseases, organ transplantation, neurosciences, and genetics.

In 2024, “Brand Finance” ranked King Faisal Specialist Hospital & Research Centre as the top Academic Medical Centre in the Middle East and Africa, and among the top 20 globally. Additionally, in 2024, it was recognized as one of the World’s Best Hospitals by Newsweek magazine, and ranked # 1 in KSA.

As part of Saudi Vision 2030, a royal decree was issued on December 21, 2021, to transform the hospital into an independent, non-profit, government-owned entity, paving the way for a comprehensive transformation program aimed at achieving global leadership in healthcare through excellence and innovation.

CONTACT INFORMATION

For more information, please contact:

Mr. Essam Al-Zahrani, Media Affairs Acting Head, 0555254429

Mr. Abdullah Al-Awn, Senior Media Editor, 0556294232

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c4299c01-0079-498b-8350-bd085d769150

GlobeNewswire Distribution ID 9078638

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis
KFSH&RC-Riyadh

To Bolster Global Efforts in Combating Antibiotic-Resistant Bacteria KFSH&RC Scientists Discover New Bacteria Species: Riyadhensis

RIYADH, Saudi Arabia, March 25, 2024 (GLOBE NEWSWIRE) — In a ground-breaking development, scientists at King Faisal Specialist Hospital and Research Centre (KFSH&RC) have identified a new species of bacteria, referred to as “Stenotrophomonas Riyadhensis” through the application of whole-genome sequencing (WGS) technology. This discovery signifies a major advancement in understanding how bacteria interact with existing drugs, paving the way for innovative therapeutic strategies. Such efforts are essential in the global fight against antibiotic-resistant bacteria, highlighting KFSH&RC’s advanced research capabilities and its leading role in fostering scientific discoveries and enhancing patient care.

The discovery of “Riyadhensis” reinforces the potential of genomic tests in innovating promising diagnostic and therapeutic methods, as well as deepening the understanding of bacterial resistance mechanisms, particularly in sensitive environments like intensive care units (ICU) and among patients with compromised immune systems. This represents substantial progress in combating antibiotic resistance, developing pharmaceuticals, and preventing the spread of diseases.

This newly identified bacteria was discovered amid an in-depth investigation into a suspected outbreak in the ICU of KFSH&RC in 2019, highlighting challenges previously unrecognized by the global scientific and medical communities in pinpointing and countering new bacterial strains. Initially thought to be a variant of Pseudomonas aeruginosa, a disease-causing bacterium known for its resistance to antibiotics, subsequent WGS analysis revealed it did not share the common characteristics of the Pseudomonas genus. Instead, Riyadhensis was found to belong to the Stenotrophomonas family, with a unique genetic composition and morphological traits, unlike any other scientifically recognized members.

Dr. Ahmad Al Qahtani, Head of the Infectious Disease and Immunity Department at The research center of KFSH&RC stated: “Traditional bacterial identification methods may lead to misidentification, in contrast, WGS analysis offers a precise and targeted approach that ensures accurate identification and provides detailed insights into resistance mechanisms, proving its significance in disease outbreak investigations and patient care improvements.”

Dr. Reem Almaghrabi, Head of Transplant Infectious Diseases at the Organ Transplant Centre of Excellence at KFSH&RC highlighted the discovery’s importance in advocating for continuous monitoring and the use of advanced technologies like WGS in developing faster and more accurate diagnostic methods. Furthermore, this approach lays the groundwork for scientific collaboration at all levels, enhancing global efforts to combat antibiotic resistance.

Understanding the nuances of new bacterial species, particularly their antibiotic resistance, is crucial in modern healthcare and serves as the primary means of combating bacterial infections. As these bacteria continuously evolve their resistance, they pose a significant and ongoing threat to human health.

It is noteworthy that KFSH&RC has been ranked first in the Middle East and Africa, and 20th globally, in the list of the top 250 healthcare institutions worldwide for the second consecutive year, according to the 2024 Brand Finance rankings. Additionally in the same year, it was ranked among the world’s best hospitals by the prestigious Newsweek magazine.

King Faisal Specialist Hospital & Research Centre stands among the global leaders in providing specialized healthcare, driving innovation, and serving as an advanced hub for medical research and education. Through strategic partnerships with prominent local, regional, and international institutions, the hospital is dedicated to advancing medical technologies and elevating the standards of healthcare worldwide.

About King Faisal Specialist Hospital & Research Centre (KFSH&RC):

King Faisal Specialist Hospital & Research Centre (KFSH&RC) stands as a leading healthcare institution in the Middle East, envisioned to be the optimal choice for every patient seeking specialized healthcare. The hospital boasts a rich history in the treatment of cancers, cardiovascular diseases, organ transplantation, neurosciences, and genetics.

In 2024, “Brand Finance” ranked King Faisal Specialist Hospital & Research Centre as the top Academic Medical Centre in the Middle East and Africa, and among the top 20 globally. Additionally, in 2024, it was recognized as one of the World’s Best Hospitals by Newsweek magazine, and ranked # 1 in KSA.

As part of Saudi Vision 2030, a royal decree was issued on December 21, 2021, to transform the hospital into an independent, non-profit, government-owned entity, paving the way for a comprehensive transformation program aimed at achieving global leadership in healthcare through excellence and innovation.

CONTACT INFORMATION

For more information, please contact:

Mr. Essam Al-Zahrani, Media Affairs Acting Head, 0555254429

Mr. Abdullah Al-Awn, Senior Media Editor, 0556294232

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c4299c01-0079-498b-8350-bd085d769150

GlobeNewswire Distribution ID 9078638

Dominica reaches monumental agreement with other Caribbean Citizenship by Investment nations

Roseau, March 25, 2024 (GLOBE NEWSWIRE) — The citizenship by investment programme (CBIP) countries within the Organisation of Eastern Caribbean States (OECS) have agreed upon legislation to ensure the integrity of their CBIPs, supported by the government of the Commonwealth of Dominica.

The virtual signing ceremony was held on Wednesday, 20 March, the four OECS countries, Antigua and Barbuda, Dominica, Grenada, and St Kitts and Nevis signed the Memorandum of Understanding (MoU) on 20 March 2024. This landmark pact included setting a minimum CBIP price threshold to US$200,000, elucidating the commitment of Caribbean CBI countries to solidify their commitment and maintain the dialogue with international partners.

The MoU includes outlined agreements among the four CBI countries to accomplish the following:

  • Exchange of best practices and due diligence processes
  • Set a minimum threshold of USD200,000 and this threshold must represent the actual amount of funds received
  • Sharing information on applicants;
  • Enhance transparency by disclosing funds;
  • Conduct independent financial and operational audits;
  • Establish regional authority to set regional  standards;
  • Set common standards for communication and promotion;
  • Regulate agents; and
  • Conduct joint training programmes and capacity-building initiatives for CBI administrations.

Dominica leads on CBIP integrity 

The Commonwealth of Dominica was at the forefront of these changes, with the Prime Minister of Dominica, Honourable Dr Roosevelt Skerrit, announcing that he signed the agreed-upon changes ahead of his Tuesday press conference. Dominica continues to demonstrate receptiveness towards enhancing and maintaining the integrity of the CBIP.

As announced in the press conference, Honourable Dr Skerrit explained that the Caribbean CBI countries will work together to address the European Union’s (EU) questions about CBI and visa-free travel to the Schengen area. Honourable Dr Skerrit explained that CBI countries are continuing the push to strengthen the integrity of the CBIPs.

“As you know there are countries within the OECS who have these programmes, Antigua, Dominica, Grenada, St Lucia, and St Kitts and Nevis…and the concerns have been raised by these [European] countries…and the need for all of us to take certain actions to set aside the concerns which the EU in particular would have had with these programme,” Honourable Dr Skerrit said.

Changes made in line with EU dialogue  

Honourable Dr Skerrit reiterated Dominica’s consistent dialogue with the EU, emphasising the meeting held between the five CBI Caribbean countries and the EU Directorate General of Migration and Home Affairs. This is evident in the EU officials visit to Dominica on 24 January 2024 with the OECS countries to discuss the Caribbean CBIPs.

Honourable Dr Skerrit stated that “Dominica has taken some very comprehensive measures to allay and to set aside the concerns of the European Union and other parties who we engage in on this matter.”

“Further to that, the countries within the OECS who have these programmes, we have met jointly, and we have agreed to take some joint actions, some of which, not limited to but include having the same legislation to deal with the whole (CBI) programmes”.

Standardising CBIPs 

The legislation standardises due diligence, information between CBIPs, and sets minimum price structures to ensure no applicants could apply for citizenship ‘below a particular fixed rate’.

These things, Honourable Dr Skerrit maintained, “will place all of us in a much stronger position in terms of our response to the concerns the EU would have raised.”

Attachment

Secretary of Dominica Citizenship by Investment
Commonwealth of Dominica
001 (767) 266 3919
info@cbiu.gov.dm

GlobeNewswire Distribution ID 9078632

Zoom launches Zoom Workplace in AWS Marketplace

SAN JOSE, Calif., March 25, 2024 (GLOBE NEWSWIRE) — Today, Zoom announced that Zoom Workplace, Zoom’s AI-powered collaboration platform, is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). Now customers can seamlessly purchase Zoom Workplace products –- such as Meetings, Team Chat, Phone, Whiteboard, Spaces — as well as Zoom Contact Center and Revenue Accelerator in AWS Marketplace.

Building on Zoom’s more than two years of success serving the Public Sector as an AWS independent software vendor (ISV), Zoom recognizes that it is crucial to equip customers with the right resources and opportunities to enhance their collaboration and communications in today’s digital-first world. This streamlined purchasing option of Zoom Workplace can help AWS customers consolidate their technology purchasing and billing of Zoom solutions, discover partners that can facilitate deployment, and maximize their usage of AWS committed resources.

“By making Zoom available through a private offer in AWS Marketplace, we are able to reach more customers and are better equipped to enable IT teams to consolidate their technology,” said Graeme Geddes, chief growth officer at Zoom. “At Zoom, we are excited to build upon our already strong relationship with AWS and work together further to help meet the business and technology needs of our customers.”

Zoom incorporates over 40 different AWS services, including compute, storage, and encryption capabilities. Zoom’s Customer Managed Key offering allows customers to bring their own encryption keys using AWS Key Management Service to help protect certain data. Additionally, AWS AppFabric integrates with the Zoom Developer Platform to help businesses break down data silos, improve cross-application workflows, enhance security observability, and support employee productivity. In 2023, AWS named Zoom as a NAMER finalist for its 2023 Geo and Global AWS Partner Award within the Education Partners of the Year category.

For Zoom channel partners that already participate in the Channel Partner Private Offer (CPPO) feature in AWS Marketplace, please reach out to your Zoom point of contact to express interest in working with Zoom on this in the future.

To access Zoom Workplace in AWS Marketplace, please visit this link.

Some features and products may not be available for all regions and industry verticals at launch.

About Zoom
Zoom’s mission is to provide one platform that delivers limitless human connection. Zoom Workplace — the company’s AI-powered, open collaboration platform built for modern work — will streamline communications, increase employee engagement, optimize in-person time, improve productivity, and offer customer choice with third-party apps and integrations. Zoom Workplace, powered by Zoom AI Companion, will include collaboration solutions like meetings, team chat, phone, scheduler, whiteboard, spaces, Workvivo, and more. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more info at zoom.com.

Zoom Public Relations
Bridget Moriarty
press@zoom.us

GlobeNewswire Distribution ID 9078508

Zoom and Avaya announce new strategic partnership to deliver enhanced collaboration experiences

Avaya selects Zoom‘s AI-powered collaboration platform, Zoom Workplace, to integrate with Avaya’s Communication and Collaboration Suite to help enterprises reimagine teamwork

SAN JOSE, Calif. and MORRISTOWN, N.J., March 25, 2024 (GLOBE NEWSWIRE) — Today, Zoom and Avaya announced a strategic partnership designed to deliver enhanced collaboration experiences to global enterprises. As part of the partnership, Avaya selected Zoom Workplace — Zoom’s AI-powered collaboration platform that will include meetings, team chat, scheduler, whiteboard, spaces, and more — to integrate with Avaya’s Communication & Collaboration Suite, providing customers with a new, streamlined way to manage their communications environments and workflows.

Additionally, Avaya will offer the integrated Zoom Workplace solution and will deliver an enhanced collaboration experience to its base, which boasts some of the industry’s largest enterprise customers.

Adding innovation value without disruption
Avaya customers can gain additional value from their existing investments in Avaya private cloud and premise-based solutions while also leveraging Zoom’s user experience and interface to power their collaboration needs.

“Today’s enterprises are seeking to benefit from the latest AI-powered innovations to help differentiate, accelerate, and grow, all while integrating new levels of performance with minimal disruption to existing core systems,” said Alan Masarek, Avaya CEO. “By partnering with Zoom, we can deliver on the promise of ‘innovation without disruption’ for Avaya customers, providing added value to enterprises through world-class collaboration experiences within the Avaya platform.”

“Zoom was built to offer a sophisticated yet easy-to-use product, and as Zoom has expanded to include hundreds more products and features, as well as generative AI integrated throughout, delivering an exceptional user experience is still core to who we are and something we continue to invest heavily in,” Eric S. Yuan, Zoom founder and CEO. “Customers and partners like Avaya continue to look to Zoom to power their collaboration needs because of its speed of innovation and because it just works. We are excited to deliver that same experience to the thousands of Avaya customers who will benefit from a simple yet powerful way to collaborate.”

Enhanced collaboration with Zoom and Avaya
Existing Avaya customers will retain their investments in Avaya’s solutions and devices while benefiting from Zoom’s AI-powered collaboration platform, Zoom Workplace.

Working together, Zoom and Avaya’s partnership is designed to deliver a joint solution that will provide an enhanced collaboration user experience for Avaya customers, including:

  • Interoperability between platforms and devices, enabling users to work in Zoom Workplace while also leveraging their existing investments in Avaya’s Communication & Collaboration Suite solutions — Avaya Aura and Avaya Enterprise Cloud — without disrupting investments in existing customizations, workflows, or infrastructure.
  • Access to Zoom AI Companion, Zoom’s generative AI digital assistant.
  • Collaboration solutions such as Zoom Team Chat, Zoom Scheduler, Zoom Whiteboard, flexible spaces, and more.

The new Avaya and integrated Zoom Workplace experience and device interoperability will be available to Avaya customers globally in the coming months. More details around the joint solution will be shared later this spring.

About Zoom

Zoom’s mission is to provide one platform that delivers limitless human connection. Zoom Workplace — the company’s AI-powered, open collaboration platform built for modern work — will streamline communications, increase employee engagement, optimize in-person time, improve productivity, and offer customer choice with third-party apps and integrations. Zoom Workplace, powered by Zoom AI Companion, will include collaboration solutions like meetings, team chat, phone, scheduler, whiteboard, spaces, Workvivo, and more. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships across all stages of the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more info at zoom.com.

About Avaya
Businesses are built by the experiences they provide, and every day, millions of those experiences are delivered by Avaya. Organizations trust Avaya to provide innovative solutions for some of their most important ​ambitions and ​challenges,​ ​giving them the freedom to engage their customers and employees in ways that deliver the greatest business benefits. Avaya contact center and communications solutions power immersive, personalized, and unforgettable customer experiences that drive business momentum. With the freedom to choose their journey, there’s no limit to the experiences Avaya customers can create. Learn more at https://www.avaya.com.

Forward-Looking Statements
This press release contains express and implied “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected benefits of Avaya using Zoom as its exclusive collaboration platform and product features and investments. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “will,” “would,” “should,” “could,” “can,” “predict,” “potential,” “target,” “explore,” “continue,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. By their nature, these statements are subject to numerous uncertainties and risks, including factors beyond Zoom’s control, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the statements, including those described under the caption “Risk Factors” and elsewhere in Zoom’s most recent filings with the Securities and Exchange Commission, including its quarterly report on Form 10-Q for the fiscal quarter ended July 31, 2023. Forward-looking statements speak only as of the date the statements are made and are based on information available to Zoom at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. Zoom assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

Zoom Public Relations
Candace Dean
press@zoom.us

Avaya Public Relations
Alex Alias
alalias@avaya.com

GlobeNewswire Distribution ID 9078503

Zoom unveils AI-powered collaboration platform, Zoom Workplace, to reimagine teamwork

  • Zoom Workplace, the new AI-powered collaboration platform, helps reimagine teamwork, facilitate connections, and improve productivity — all within the Zoom experience users trust and love
  • Zoom announces 40 new innovations, including new Zoom AI Companion features for Zoom Phone, Team Chat, Events, and Contact Center, and its expansion to include Ask AI Companion, which works across the platform to help employees make the most of their time
  • New Zoom Contact Center innovations include additional digital channels, enhanced AI features, insights, and additional integrations to help businesses strengthen customer relationships and empower agents

ORLANDO, Fla., March 25, 2024 (GLOBE NEWSWIRE) — Today Zoom Video Communications, Inc. (NASDAQ: ZM) announced Zoom Workplace, its AI-powered, open collaboration platform, and introduced new AI Companion expansions to help reimagine teamwork. Zoom’s latest products and features, including new AI Companion features for Zoom Phone and extended capabilities with Ask AI Companion, a refreshed look within the Zoom app, and more, will provide its customers with the all-in-one AI-powered platform they need to power modern work. Zoom also announced customer experience enhancements to Zoom Contact Center, so businesses can strengthen customer relationships and leverage real-time AI-powered insights to improve live agent engagements.

“We have seen the positive impact that Zoom AI Companion has had on our business and our customers, transforming how we work by freeing up precious time for collaborative teamwork,” said Smita Hashim, chief product officer at Zoom. “Zoom Workplace with AI Companion will help solve real customer problems by bringing the core collaboration solutions into a single AI-powered platform to help improve productivity, efficiency, and the overall workday, all within the Zoom experience users trust and love.”

Drive Impact with AI Companion

Zoom continues to elevate AI within its platform, helping users harness their productivity directly within their existing workflows, enhancing employees’ skills, and empowering teams to focus their time where it matters. Zoom’s latest AI Companion innovations will include Ask AI Companion, an enhancement of the digital assistant that will help users prepare for their workday across Zoom Workplace, plus AI Companion for Zoom Phone and additional capabilities for Team Chat and Whiteboard. All AI Companion features will continue to be included at no additional cost with the paid services in eligible Zoom user accounts.

Ask AI Companion will provide a new way to interact with AI Companion across the Zoom platform. Users can enhance their productivity and be better prepared for their workday with Ask AI Companion, which will gather, synthesize, and share information from Zoom Meetings, Mail, Team Chat, Notes, Docs, and more. Ask AI Companion will also help prepare users for and recap meetings, show relevant action items, draft agendas, and summarize chat and email threads, as well as documents. In a later release after the initial launch, Ask AI Companion will be able to pull relevant content from select third-party applications (if the customer chooses to enable them) to be even more helpful.

Zoom Phone is now boosted with AI Companion capabilities to help make calls and follow-up more productive. With AI Companion in Zoom Phone, users can request a post-call summary and next steps, so they can focus on the conversation instead of taking notes. If they miss an important call, voicemail prioritization helps elevate urgent messages, moving them to the top of the queue, and voicemail task extraction delivers tasks from voicemails to help users understand the next steps without listening to every voicemail. Team SMS thread summary also provides a concise overview of Team SMS threads in PowerPack, so users can quickly catch up after stepping away.

Other AI Companion innovations across the platform will include new Team Chat and Whiteboard capabilities. In Team Chat, AI Companion now helps users save time with smart scheduling that automatically detects the intent for a meeting in chat and suggests a meeting time, and in the future will provide sentence completion and will expand to support 38 languages (in preview) for the chat compose and thread summary features. Zoom Whiteboard users are now able to generate and refine whiteboard flowcharts and mind maps using a simple prompt to kick-start ideation and creativity. For more information about AI Companion innovations, visit the Zoom blog.

Reimagine Teamwork with Zoom Workplace

Zoom Workplace, the company’s AI-powered collaboration platform, will deliver new innovations to help businesses reimagine teamwork, facilitate connections, improve productivity, and optimize flexible work experiences. Zoom Workplace will elevate the Zoom experience with Zoom AI Companion so that all employees within a company can be more productive, collaborate better, and enhance their skills.

Zoom Workplace will continue to be an open platform that enables customer choice. Zoom’s APIs, SDKs, and over 2,500 integrations in the Zoom App Marketplace make it easy for customers to integrate Zoom into existing tech or integrate users’ favorite apps into Zoom.

With the introduction of Zoom Workplace, Zoom is unveiling a refreshed user experience with more choices, including the ability to choose from four color themes within the Zoom app, so users can make the app their own. Hosts will also have the opportunity to add customized virtual meeting backgrounds to tailor the feel or focus of the meeting.

“With Zoom, there aren’t any challenges with implementing complex tools, so we can focus on engaging our employees and collaborating on the work that matters,” said Diofanto Rosales, vice president of digital workplace and IT infrastructure at Flex. “Zoom Workplace will bring all our essential work tools together in a single app, making it easier than ever to get work done.”

For Zoom Meetings, users will see a new Meetings tab within the Zoom app that will allow users to collaborate before, during, and after meetings. It will support traditional calendar views and will serve as the central place for agendas, recordings, and other shared assets such as documents, plus AI Companion smart recordings and meeting summaries. Last year Zoom introduced continuous meeting chat, which helps users continue chat conversations so collaboration can continue outside of meetings asynchronously and throughout the life of a project. With the new Meetings tab, users will be able to access continuous meeting chats from the Meeting card before and after the meeting.

During meetings, the new multi-speaker view will automatically adapt the video layout to highlight active speakers to help attendees follow the discussion more easily. AI-powered portrait lighting will help illuminate users’ faces in poor lighting, and generative AI virtual backgrounds will allow users to create custom backgrounds.

Additional new features for Meetings will include a customizable toolbar that will allow users to pin their most-used features, multi-share, which will allow multiple participants to share their screens and documents, whiteboards, and notes simultaneously, and document collaboration that will provide the ability to select documents, streamline document access permissions, and co-edit right from meetings with documents from third-party apps.

In Zoom Team Chat, asynchronous communication will be boosted by Team Chat tabs that will help users stay organized by keeping channel-related assets like links, whiteboards, and resources in a single view, shared spaces that provide a shared grouping of channels to help users better organize conversations and improve discoverability of relevant project or team-based topics, and workflow automation, a powerful, no-code workflow engine, will be easily configurable to automate business tasks in Team Chat.

For hybrid and onsite organizations, navigating the office will be easier than ever with the introduction of a Workspaces tab, providing access to Workspace Reservation with wayfinding and Visitor Management directly from the Zoom Workplace app. To help make meetings more inclusive, Zoom Rooms will include the option to enable new smart name tags, which will be able to automatically apply name tags to people in a Zoom Room during a meeting.

When one screen isn’t enough, users will be able to expand Zoom Rooms with a companion device for an additional screen to collaborate with audio and video. For Workvivo customers, a new integration with Zoom Rooms will provide the ability to instantly broadcast important updates, news, and events to employees using Workvivo TV with certified devices for Zoom Rooms.

“Businesses are looking for AI-powered solutions that will help them move the dial by boosting employee productivity and team collaboration,” said Zeus Kerravala, Principal Analyst at ZK Research. “Zoom’s newest innovations, including its release of Zoom Workplace and Ask AI Companion, demonstrate its commitment to deploying AI that is intuitive and effective across one platform to improve productivity and collaboration.”

At launch, Zoom One bundles will be rebranded as Zoom Workplace bundles, giving new and existing customers simple pricing for Zoom’s different offerings. For more information about Zoom Workplace, visit the Zoom blog.

Strengthen Customer Relationships with Zoom Business Services

Zoom’s business services include AI-powered solutions for marketing, customer care, and sales. Tightly integrated with Zoom Workplace, Zoom Business Services empower customer-facing employees to provide exceptional experiences throughout the customer lifecycle.

Zoom Contact Center already includes AI Companion for Contact Center at no additional cost. Further real-time capabilities available with AI Expert Assist include intelligently retrieving and suggesting the best responses from a curated set of knowledge bases, customer relationship management (CRM) systems, and other systems of record. Now supervisors are getting even more AI Companion for Contact Center capabilities. Supervisors now have visibility into their agents’ live engagements with real-time customer sentiment, live transcriptions, and conversation summaries from a single dashboard to help them better manage agents and easily identify when they need to provide assistance.

In Zoom Contact Center, businesses can now expand their digital communication channels to include WhatsApp and inbound email, giving customers more flexibility and choice, and making it easier for agents to engage and respond to customers.

Agents will benefit from custom app integration with Zoom’s open and flexible framework that allows teams to build apps from proprietary or third-party data sources that surface relevant customer information directly within the agent desktop, which reduces toggling between apps and allows for personalization and faster resolutions. Agents will also benefit from deep integration with Zoom Workplace, which will allow them to seamlessly direct transfer customers with AI-generated engagement summaries to back-office experts using Zoom Phone Power Pack, enabling seamless escalations and helping reduce handling time.

Zoom Contact Center and Zoom Phone will also offer an integration with PCI Pal to enable secure capture of payment data, including PCI attestation of compliance (AOC). Also, Zoom Contact Center customers now have the ability to store certain data locally in Zoom’s EU data center, designed to meet the data storage needs of EU-based customers.

Revenue organizations who use Zoom Revenue Accelerator can now enhance their customer conversations with deal memos, which will provide a brief summary of a conversation and an analysis of its impact on the possibility of winning a deal. Coming soon, a built-in automated scorecard will help improve sales outcomes by creating scorecards that rate customer interactions and provide actionable feedback.

For marketing professionals, Zoom Events enhancements amplify their hybrid events to help make them more engaging. With new AI Companion image generation, hosts can now create custom images based on a simple text prompt for event registration pages, virtual backgrounds, and marketing emails. To help bridge the gap between hybrid events and in-person events, the Swoogo integration for Zoom Events allows event professionals to reach broader audiences. For more information about Zoom’s business services innovations, visit the Zoom blog.

Newly announced products and features are expected to roll out over April and May. Some features and products may not be available for all regions and industry verticals at launch.

About Zoom

Zoom’s mission is to provide one platform that delivers limitless human connection. Zoom Workplace — the company’s AI-powered, open collaboration platform built for modern work — will streamline communications, increase employee engagement, optimize in-person time, improve productivity, and offer customer choice with third-party apps and integrations. Zoom Workplace, powered by Zoom AI Companion, will include collaboration solutions like meetings, team chat, phone, scheduler, whiteboard, spaces, Workvivo, and more. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more info at zoom.com.

Zoom Public Relations
Lacretia Nichols
press@zoom.us

GlobeNewswire Distribution ID 9078519

Prudential Bank Holds Maiden Women Empowerment Seminar


Prudential Bank Ltd (PBL), a leading indigenous Ghanaian Bank, has held its maiden Women Empowerment seminar under the theme ‘Empowering Women for Sustainable Business Growth.’

The event, held in Accra, was targeted at the female employees of the Bank in line with Principle 4 of the Ghana Sustainable Banking Principles (GSBPS) of the Bank of Ghana, which highlights the need for banks to promote gender equality within their operations and those of their clients.

Subsequent seminars will focus on the Bank’s customers and the general public.

The seminar served as a platform to showcase the Bank’s commitment towards Gender Equality, Diversity and Inclusion, as well as broadening employee perspectives, building strong teams and providing the balanced workforce needed to achieve the Bank’s objectives.

It also featured seasoned professionals who shared their experiences to shine light on women empowerment and its benefits to society and organisations.

The panelists included the Commissioner of Police (COP), Maa
me Yaa Tiwaa Addo-Danquah, Executive Director of the Economic and Organised Crime Office, Professor (Mrs.) Rosemond Boohene, Pro-Vice Chancellor of the University of Cape Coast, Dr. (Mrs.) Irene Stella Agyenim-Boateng, Vice Chairperson of the Public Services Commission, and Dr. James S. Dzisah, Senior Lecturer, Department of Sociology, University of Ghana.

Opening the seminar, the Managing Director of Prudential Bank, Mr. Bernard Gyebi, stated that Prudential Bank had embraced sustainability, which was evident by the Board’s approval of the Bank’s sustainability policy and strategy.

He further stated the essence of Gender Equality through Diversity and Inclusion for sustainable business growth before acknowledging the fact that women bring enormous contributions to the table and thus must be empowered to accelerate progress.

Mr. Gyebi indicated further that ‘there was no better time than now for PBL to take the bold step to show the world the Bank’s commitment towards women empowerment and to create a last
ing positive change for a better tomorrow.’.

COP Maame Yaa Tiwaa Addo-Danquah, stated during the panel discussion that women needed to take steps to empower themselves, be assertive, improve their self-worth, stand out and take advantage of opportunities.

She further indicated that women needed to build strong support systems to enable them achieve their set goals.

While sharing her thoughts on the theme for the day, Dr. Irene Stella Agyenim-Boateng, alluded to the fact that the onus is on women to be empowered and take control of their destiny.

She also stated that women needed to remove stereotypes and self-imposed standards which hold them back.

She highlighted the need for women to upgrade themselves by pursuing relevant courses and professional certificates in order to improve their careers.

Professor Mrs. Rosemond Boohene and Dr. James Dzisah, both spoke extensively about the need for institutional changes to support empowerment of women.

They mentioned that institutions should work to shift the
narrative to get more women into fields that had historically been dominated by males.

To this end, the speakers urged women to aspire for leadership positions and not shy away from them when the opportunity arose.

However, this will only happen if women are well prepared for such opportunities.

Prudential Bank intends to leverage this maiden seminar and other similar ones to be rolled out in the near future to drive home its commitment to push for empowerment, equality, diversity, inclusion and also to develop and deliver defined products for the women’s market.

Source: Ghana News Agency

Prudential Bank Holds Maiden Women Empowerment Seminar


Prudential Bank Ltd (PBL), a leading indigenous Ghanaian Bank, has held its maiden Women Empowerment seminar under the theme ‘Empowering Women for Sustainable Business Growth.’

The event, held in Accra, was targeted at the female employees of the Bank in line with Principle 4 of the Ghana Sustainable Banking Principles (GSBPS) of the Bank of Ghana, which highlights the need for banks to promote gender equality within their operations and those of their clients.

Subsequent seminars will focus on the Bank’s customers and the general public.

The seminar served as a platform to showcase the Bank’s commitment towards Gender Equality, Diversity and Inclusion, as well as broadening employee perspectives, building strong teams and providing the balanced workforce needed to achieve the Bank’s objectives.

It also featured seasoned professionals who shared their experiences to shine light on women empowerment and its benefits to society and organisations.

The panelists included the Commissioner of Police (COP), Maa
me Yaa Tiwaa Addo-Danquah, Executive Director of the Economic and Organised Crime Office, Professor (Mrs.) Rosemond Boohene, Pro-Vice Chancellor of the University of Cape Coast, Dr. (Mrs.) Irene Stella Agyenim-Boateng, Vice Chairperson of the Public Services Commission, and Dr. James S. Dzisah, Senior Lecturer, Department of Sociology, University of Ghana.

Opening the seminar, the Managing Director of Prudential Bank, Mr. Bernard Gyebi, stated that Prudential Bank had embraced sustainability, which was evident by the Board’s approval of the Bank’s sustainability policy and strategy.

He further stated the essence of Gender Equality through Diversity and Inclusion for sustainable business growth before acknowledging the fact that women bring enormous contributions to the table and thus must be empowered to accelerate progress.

Mr. Gyebi indicated further that ‘there was no better time than now for PBL to take the bold step to show the world the Bank’s commitment towards women empowerment and to create a last
ing positive change for a better tomorrow.’.

COP Maame Yaa Tiwaa Addo-Danquah, stated during the panel discussion that women needed to take steps to empower themselves, be assertive, improve their self-worth, stand out and take advantage of opportunities.

She further indicated that women needed to build strong support systems to enable them achieve their set goals.

While sharing her thoughts on the theme for the day, Dr. Irene Stella Agyenim-Boateng, alluded to the fact that the onus is on women to be empowered and take control of their destiny.

She also stated that women needed to remove stereotypes and self-imposed standards which hold them back.

She highlighted the need for women to upgrade themselves by pursuing relevant courses and professional certificates in order to improve their careers.

Professor Mrs. Rosemond Boohene and Dr. James Dzisah, both spoke extensively about the need for institutional changes to support empowerment of women.

They mentioned that institutions should work to shift the
narrative to get more women into fields that had historically been dominated by males.

To this end, the speakers urged women to aspire for leadership positions and not shy away from them when the opportunity arose.

However, this will only happen if women are well prepared for such opportunities.

Prudential Bank intends to leverage this maiden seminar and other similar ones to be rolled out in the near future to drive home its commitment to push for empowerment, equality, diversity, inclusion and also to develop and deliver defined products for the women’s market.

Source: Ghana News Agency

Ethiopia, Korea Need To Strengthen Ties Through Citiy PartnershipFidelity Bank promotes financial literacy at African Games

Addis Ababa: The long standing and historical ties between Ethiopian and Korea should be further strengthened through cities partnership in exchange and investment, Ethiopia’s Ambassador to South Korea, Dessie Dalkie said.

Ambassador Dessie Dalkie met with Kim Doo-gyeom, Mayor of Ulsan City, one of Korea’s most important manufacturing and industrial city.

During the discussion, Ambassador Dessie said that Ethiopia and Korea have long standing and historical ties that should be further strengthened through cities partnership in exchange and investment.

The ambassador also asserted that creating partnerships between Ulsan and cities in Ethiopia will be an opportunity for both nations to deepen their amicable historical lies and progress together, according to Embassy of Ethiopia in Seoul, South Korea.

He urged the mayor to encourage companies in Ulsan to invest in Ethiopia as well.

Ulsan Mayor Kim Doo-gyeom, on his part said that his office will consider establishing exchange and investment partnerships be
tween Ulsan city and Ethiopian cities.

The mayor emphasized Ethiopia’s strategic significance in exporting products such as Hyundai cars to the African market.

He pledged that his office will closely collaborate with the Embassy to encourage companies in Ulsan to invest in Ethiopia and gain access to Africa’s huge market.

Ambassador Dessie visited Hyundai Motors Company and Hyundai Heavy Motors during his work visit to Ulsan city.

Source: Ethiopian News Agency

Fidelity Bank Ghana has held a financial literacy programme for hundreds of Ghanaian and other African youth at the just-ended 13th Africa Games.

The two-day workshop, covered a number of areas of investment, including stocks, mutual funds, pension funds, fixed deposits, and government securities (T-bills).

The masterclass was delivered on the theme: ‘Smart Savings and Investments’, under the Bank’s sponsored Youth Pavilion initiative.

It was aimed at providing participants with practical savings and investment techniques and help to secure their future through prudent financial decisions.

Speaking at the workshop, Mr Thomas Ishmael Adjei, Acting Director of Retail Segments, Fidelity Bank, encouraged the youth to continue to acquire knowledge and tools needed to achieve financial independence.

He said it was important for the youth to build safety nets through consistent savings and investment habits, by setting specific, measurable, attainable, relevant, and time-bound (SMART) goals in their financial p
lans.

‘Uncertainties are inevitable, but with strategic financial planning, individuals can build a safety net to safeguard their future.

Through prudent saving and smart investments, individuals can achieve their financial goals and attain the financial independence they desire,’ Mr Adjei said.

He also urged the youth to track their progress by leveraging digital platforms and mobile applications to monitor savings and investments effectively.

Doing so, he said, would give them a sense of accomplishment and motivate them keep to their goals.

Mr Adjei also encouraged the youth to understand the various risk profiles in any investment they signed up to, and seek professional financial advice before making investment decisions.

‘Make sure you have enough information before you take that bold step to invest your money. Research could be a simple desktop research. It could be going into a bank, or any of these other investment companies and ask questions,’ he advised.

‘Take a note, write out those response
s, and then take a pause and have time to think about your decision before you go into investing. If you haven’t saved before, or your risk appetite is also less, start small and build up a plan around how to invest.’

Mr Adjei pledged Fidelity Bank’s commitment to joint prosperity, emphasising the Bank’s dedication to making its customers thrive through strategic financial planning and prudent decision-making.

He stated that the Bank sponsoring the Youth Pavilion demonstrated its commitment to empowering young people with the financial literacy tools necessary to navigate the world of finance with confidence.

That, he said, was aligned with Fidelity Bank’s broader mission of promoting financial inclusion and driving sustainable economic growth in Ghana.

Source: Ghana News Agency

Ethiopia, Korea Need To Strengthen Ties Through Citiy PartnershipFidelity Bank promotes financial literacy at African Games

Addis Ababa: The long standing and historical ties between Ethiopian and Korea should be further strengthened through cities partnership in exchange and investment, Ethiopia’s Ambassador to South Korea, Dessie Dalkie said.

Ambassador Dessie Dalkie met with Kim Doo-gyeom, Mayor of Ulsan City, one of Korea’s most important manufacturing and industrial city.

During the discussion, Ambassador Dessie said that Ethiopia and Korea have long standing and historical ties that should be further strengthened through cities partnership in exchange and investment.

The ambassador also asserted that creating partnerships between Ulsan and cities in Ethiopia will be an opportunity for both nations to deepen their amicable historical lies and progress together, according to Embassy of Ethiopia in Seoul, South Korea.

He urged the mayor to encourage companies in Ulsan to invest in Ethiopia as well.

Ulsan Mayor Kim Doo-gyeom, on his part said that his office will consider establishing exchange and investment partnerships be
tween Ulsan city and Ethiopian cities.

The mayor emphasized Ethiopia’s strategic significance in exporting products such as Hyundai cars to the African market.

He pledged that his office will closely collaborate with the Embassy to encourage companies in Ulsan to invest in Ethiopia and gain access to Africa’s huge market.

Ambassador Dessie visited Hyundai Motors Company and Hyundai Heavy Motors during his work visit to Ulsan city.

Source: Ethiopian News Agency

Fidelity Bank Ghana has held a financial literacy programme for hundreds of Ghanaian and other African youth at the just-ended 13th Africa Games.

The two-day workshop, covered a number of areas of investment, including stocks, mutual funds, pension funds, fixed deposits, and government securities (T-bills).

The masterclass was delivered on the theme: ‘Smart Savings and Investments’, under the Bank’s sponsored Youth Pavilion initiative.

It was aimed at providing participants with practical savings and investment techniques and help to secure their future through prudent financial decisions.

Speaking at the workshop, Mr Thomas Ishmael Adjei, Acting Director of Retail Segments, Fidelity Bank, encouraged the youth to continue to acquire knowledge and tools needed to achieve financial independence.

He said it was important for the youth to build safety nets through consistent savings and investment habits, by setting specific, measurable, attainable, relevant, and time-bound (SMART) goals in their financial p
lans.

‘Uncertainties are inevitable, but with strategic financial planning, individuals can build a safety net to safeguard their future.

Through prudent saving and smart investments, individuals can achieve their financial goals and attain the financial independence they desire,’ Mr Adjei said.

He also urged the youth to track their progress by leveraging digital platforms and mobile applications to monitor savings and investments effectively.

Doing so, he said, would give them a sense of accomplishment and motivate them keep to their goals.

Mr Adjei also encouraged the youth to understand the various risk profiles in any investment they signed up to, and seek professional financial advice before making investment decisions.

‘Make sure you have enough information before you take that bold step to invest your money. Research could be a simple desktop research. It could be going into a bank, or any of these other investment companies and ask questions,’ he advised.

‘Take a note, write out those response
s, and then take a pause and have time to think about your decision before you go into investing. If you haven’t saved before, or your risk appetite is also less, start small and build up a plan around how to invest.’

Mr Adjei pledged Fidelity Bank’s commitment to joint prosperity, emphasising the Bank’s dedication to making its customers thrive through strategic financial planning and prudent decision-making.

He stated that the Bank sponsoring the Youth Pavilion demonstrated its commitment to empowering young people with the financial literacy tools necessary to navigate the world of finance with confidence.

That, he said, was aligned with Fidelity Bank’s broader mission of promoting financial inclusion and driving sustainable economic growth in Ghana.

Source: Ghana News Agency

Unilever Ghana appoints Chris Wulff-Caesar as new Managing Director


Unilever Ghana PLC has appointed Mr. Chris Wulff-Caesar, as its new Managing Director with effect from April 1, 2024.

Mr Wulff-Caesar is an accomplished International Business Executive with 24 years of FMCG experience gained across various countries and is returning to Unilever Ghana PLC, where he began his career as a management trainee in 1999.

A statement issued in Accra by the company said he joined the company from Friesland Campina in Nigeria, where he was Marketing Director for Sub-Saharan Africa, managing brands and marketing activities across 44 countries.

Before this, he worked for ABInBev as Marketing Director for West Africa (Ghana and Nigeria) and was a member of the Board of Directors for Accra Brewery Ltd.

It said he joined ABInBev under the SAB Miller acquisition, where he was leading the establishment and growth of a portfolio of brands.

The statement said during his time at SAB Miller, he worked as Africa Category Expansion / Innovation Manager, based in South Africa, and as Ghana Ma
rketing Director.

Mr. Wulff-Caesar is a fellow of the National Institute of Marketing Nigeria (NIMN) and an Associate member of the Advertising Practitioners Council of Nigeria (APCON).

He holds a BA (Honours) Degree in Economics from the University of Ghana and an MBA from the Edinburgh Business School of the Heriot-Watt University in Scotland, United Kingdom.

Mr. Wulff-Caesar will also join the Unilever Ghana PLC Board as an Executive Director.

It said Mr Wulff-Caesar takes over from Mr George Owusu-Ansah, the current Managing Director of Unilever Ghana PLC, having served as Managing Director of Unilever Ghana PLC for four years.

The statement said Mr Owusu-Ansah, now moving to Ethiopia as Managing Director of Unilever’s Ethiopian business from April 1, 2024.

It said Mr Owusu-Ansah would continue to serve on the Unilever Ghana PLC Board as a Non-Executive Director.

Meanwhile, Mr Joel Boateng, currently the Customer Development Director for Unilever Ghana PLC, has been appointed to join the Board of t
he company as an Executive Director.

Mr Boateng started his career in Customer Marketing and Intelligence at Unilever Ghana PLC in 2008 and held various roles, including three years in Unilever South Africa, before moving to marketing in 2019 as Category Manager for Oral Care and Skin Care.

He joined the Unilever Customer Development team in 2022 as Regional Sales Manager for Accra before being promoted to his current role in July 2023.

He is also an Executive Trustee board member to the Unilever Tier 2 and Savings Schemes. Mr Boateng holds a Bachelor of Arts in Statistics and Philosophy from the University of Ghana.

He has a master’s degree in business administration (EMBA Marketing) from the University of Ghana Business School.

He is also a Full Member of the Chartered Institute of Marketing Ghana.

Source: Ghana News Agency