Additional Non-Executive Director appointed to IPSX UK Limited Board
IPSX, the International Property Securities Exchange, announces today the appointment of Malcolm Fallen as a further Non-Executive Director to the Board of IPSX UK Limited (“IPSX”).
Malcolm has extensive Board experience in quoted and private equity backed companies and currently serves as Chairman on the Boards of Kentech Corporate Holdings, Optilan Limited, and Enders Analysis. Malcolm also brings significant experience of business transformation, restructuring, capital raising, IPO and M&A transactions gained over many years in a variety of sectors. He joins Chairman, Michael Higgins, and Imogen Joss, as the third Non-Executive on the UK Board, along with its executives, Alan Ramsay, Chief Executive, and Ian Pain, Chief Financial Officer.
Commenting on the appointment, Michael Higgins said: “I am delighted to welcome Malcolm to our business and to complete our senior management line up ahead of our launch. He brings extensive experience which complements that of our team and will be a great asset to the business”.
Malcom Fallen said: “I am delighted to be joining IPSX at such an important stage and am looking forward to working with the team as we go live. The Exchange represents a new and very much overdue addition to the world of real estate investment.”
IPSX is in discussion with a broad range of early potential issuers, including private equity real estate funds, sovereign wealth funds, major quoted real estate groups and owner-occupiers seeking a new way to unlock value from their real estate holdings. IPSX will launch later this year, subject to receiving its regulatory approval.