Executive Team

Darren Mercer has served on the board of directors of NASDAQ listed company, MICT Inc., since November 2019, initially as Non-Executive Director, and then as Interim Chief Executive Officer in April 2020, before subsequently being appointed as Chief Executive Officer in 2021. Since joining the MICT Board, Mr. Mercer has led MICT to pivot from a small Israeli telematics business to a multinational FinTech solutions provider, with offices in Hong Kong, Singapore, Beijing, and Shanghai.

Prior to joining the Board of MICT, Mr. Mercer spent 15 years in Mainland China, Hong Kong and South East Asia, leading a number of fast-growth private and public FinTech companies. During this time, Mr. Mercer established strong business relationships with numerous Government Agencies, Stated Owned Companies, major online businesses, telcos, banks and technology companies, gaining a great deal of experience working in partnership with many of them. Through these relationships, Mr. Mercer has helped MICT over the past two years to grow its business activities and achieve a strong position from which it could make strategic acquisitions. Most latterly, Mr. Mercer has led MICT through a merger with Tingo Mobile PLC a highly profitable FinTech and Agri-FinTech company, with revenues of more than $1billion per annum. Mr. Mercer is now working with the founders and management of Tingo to internationalize and accelerate its growth, and introduce it into Asia.

As a graduate in Economics from the University of Manchester, Mr. Mercer began his career in the 1980’s, holding senior roles in institutional equity sales and corporate brokering at a number of investment banks, enjoying considerable success with his private equity investments.

Dozy Mmobuosi is the founder of Tingo Mobile Limited, with its group of companies, and Tingo Foods PLC and is also the Chief Executive Officer of Tingo Group Holdings LLC. Dozy has vast global experience in South- East Asia, China, United Arab Emirates, Bulgaria, USA and the UK. An adviser to corporate clients, steering the strategy and design of business plans (investments, acquisition, and organic growth) into new global markets — across three continents he has directed significant operating growth of Tingo with over $1 billion in annual revenue. In 2001 Dozy founded Fair Deal Concepts Limited, now Tingo Mobile Plc (Nigeria). In 2002 he led the design and launch of Nigeria’s first SMS Banking Solution (Flashmecash), later sold to FMCB who still use it today. From 2013 Dozy Led a team of 123 Chinese and Nigerian engineers to setup two mobile phone assembly facilities in Nigeria (Lakowe and Lugbe). These facilities produced over 20 million mobile devices which were distributed across Nigeria. Mr. Mmobuosi received a BSc in Political Science in 2001 and an MSc Economics in 2003 from Ambrose Alli University Ekpoma, Edo State (Nigeria). In 2007, he received a PhD in Rural Advancement from UPM Malaysia. We believe that Mr. Mmobuosi is well-qualified to serve on the combined board due to his extensive operational and management experience, particularly in Africa.

Kevin Chen was promoted by the Board to serve as the Chief Financial Officer of the Company in November 2021. He has more than 13 years of experience providing financial services to a variety of public and private companies, including in the role as Chief Financial Officer. He has a demonstrated history of working within the technology industry and is skilled in US GAAP accounting, SOX internal controls, debt and equity financing and strategic management. Mr. Chen previously served as the Chief Financial Officer and board member of China Rapid Finance (NYSE:XRF), a holding company operating primarily in the emergency rescues services business, which utilizes cloud and other cutting-edge technologies to provide emergency rescue services, including an app based mobile platform, cloud call centers and large data centers. Prior to that, Mr. Chen served as a Senior Financial Reporting Manager to Qunar.com (China’s online travel platform NASDAQ:QUNR) from 2013 to 2015 and served as an Audit Manager with Ernst & Young from 2008 to 2013. Mr. Chen holds a Master of Business Administration from Kellogg School of Management at Northwestern University, a Master of Economics from Shanghai University of Finance and Economics and a Bachelor of Mathematics from Shandong University. He is a Certified Public Accountant in the U.S.

After completing a law degree at Kings College London LLB, Chris Cleverly was called to the Bar in 1990, following which he established Trafalgar Chambers on Fleet Street, becoming “the youngest head of barristers’ chambers in the last century” according to the Sunday Times. During this period Mr Cleverly was a regular presenter on television’s Channel 4 and contributor to the other main channels, radio and newspapers. Since then, he has been board member of a number of companies in UK, India, China and Africa both listed and private in a number of sectors. As CEO of Made In Africa Foundation, Mr.Cleverly was co-architect of the $1.5 billion Africa50 fund with the African Development Bank which has been lead investor in a number of large scale renewable energy projects. Chris has advised a number of UK plcs on their entrance into African markets, including negotiation of oil blocks, mineral concessions and banking licences. He also advises the UK Government on development issues and African governments on investment issues. He was awarded an Honorary Doctorate from Reading University in 2014 and has recently completed a course in Circular Economy and Sustainability Strategies at the University of Cambridge Judge Business School.

Kenneth Denos has served as Tingo’s Executive Vice President, General Counsel, and Corporate Secretary since September 2021. Since June 2005, Mr. Denos has been an officer and director of Equus Total Return, Inc. (NYSE: EQS), a closed-end fund traded on the New York Stock Exchange, serving as its President and CEO from 2007-09. He is also a founder and principal of Outsize Capital Ltd., an international corporate finance advisory firm based in London, and is the founder and Chairman of Kenneth I. Denos, P.C., a U.S.-based corporate and consumer law firm. Previously, Mr. Denos was the CEO of MCC Global NV, a Frankfurt stock exchange listed investment advisory firm based in London, and also served as a director and executive officer of two London Stock Exchange listed firms, Healthcare Enterprise Group plc and Tersus Energy plc. Mr. Denos has worked in the private equity and advisory industry for virtually his entire career, having served as a principal and/or advisor to private and public companies and funds in the Middle East, Europe, Africa, and North America. He holds a Bachelor of Science degree in Business Finance and Political Science from the University of Utah. He also holds a Master of Business Administration and a Juris Doctor from the University of Utah. We believe that Mr. Denos is well-qualified to serve on the combined board due to his extensive international legal and corporate governance background, as well as his financial services and investment experience.

Mrs. Amran has been the Company’s Controller since 2011. In January 2019 Ms. Amran was appointed to serve as the Company’s principal financial officer until Mr. Chen was promoted to the role in November 2021. From 2010 until 2011, she served as Financial Controller of the Global Consortium on Security Transformation, a global homeland security organization. From 2006 until 2007, she served as an assistant accountant for Agan Chemicals Ltd. Mrs. Amran holds a B.A. in Accounting and Business Management from The College of Management Academic Studies in Rishon LeZion, Israel, obtained an MBA from The Ono Academic College in Kiryat Ono, Israel and is a certified public accountant in Israel.