GSTechnologies Limited announced the appointment of Lord James Christopher Douglas Wellesley as a Non-Executive Director of the Company with immediate effect. Lord Christopher Wellesley is an experienced banking and capital markets executive with over 30 years' experience in senior roles based in the UK, Hong Kong and the USA. Having started his career in the UK with County Natwest Securities in 1985, Lord Wellesley moved to Hong Kong in 1988 as a senior market maker.

He joined Merrill Lynch in Hong Kong in 1992, where he ran the bank's Asian market making desk covering London listed Asian equities, before moving to the US with Merrill Lynch in 2000. Returning to the UK in 2003 he held a number of senior equity trading roles, including with Tristone Capital, which was acquired by Macquarie, where between 2005 and 2012 he established and ran their UK trading operations. Over the past five years Lord Wellesley has focussed on a number of advisory and interim managerial roles and he is currently a director of a number of private businesses and not-for-profit organisations.

Lord Wellesley has been working with the Group in the UK since September 2023 and is assisting GST with the development of itsborderless neobanking platform providing next-generation digital money solutions. It is intended that Lord Wellesley will be appointed Chief Executive Officer of Angra Limited in due course, assuming receipt of the required UK Financial Conduct Authority (FCA) approval.