FINTECH STARTUP SNAPSWAP APPOINTS RAYMOND SCHADECK TO THE BOARD OF DIRECTORS

Snapswap announces the appointment of Raymond Schadeck, former CEO of Ernst & Young in Luxembourg, to its Board of Directors. Advancing corporate management and acquiring domestic and international recognition with Raymond Schadeck joining the SnapSwap Board of Directors helps establish the company as a European leader in providing services such as remote onboarding, payment infrastructure and blockchain based issuing of electronic money instruments. Raymond Schadeck has 29 years of professional experience in consultancy and audit. Mr. Schadeck worked as CEO and CFO at Ernst & Young, where he came to from a partner and CEO position at Arthur Andersen.

Over the last 7 years Mr. Schadeck serves as an independent director on the boards of Banque Raiffeisen, Intesa San Paolo Group, LuxInnovation GIE and other private and public companies. Since 2015, Mr. Schadeck is an INSEAD and ILA  certified director and is the acting Chairman of the Board of the Institut Luxembourgeois des Administrateurs (ILA) – Luxembourg Institute of Directors.