On Thursday 28 August 2024, AGM Group Holdings (AGMH) announced that it had appointed Chong Chao Ma as the new CEO of its subsidiary, AGM Canada Holdings.
AGM Appoints Chong Chao Ma As CEO Of Its Canada Arm
This integrated tech outfit specialises in fintech software and high-performance hardware and computing equipment. Based on the company’s press statement, Ma’s appointment is effective immediately.
The group said that this is a strategic appointment that emphasises its drive to expand and optimise emerging opportunities in cryptocurrency and blockchains in North America. It stated that Ma’s “extensive experience and proven leadership” puts AGM Canada in a prime position to harness growth and innovation.
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AGM highlighted Ma’s approximate 30 years of experience in data mining, machine learning and artificial intelligence (AI) development. He was the head of development at NOWLIT Solutions Corporation since June 2013 before joining AGM. Ma was also the joint chief executive of MinerVa Semiconductor Corporation from 2021 to 2023.
Dr Bo Zhu, the CEO of AGM Group Holdings, said that the company is “thrilled” about this appointment. He added:
His extensive experience in technology, particularly in data mining, machine learning, and AI, is exactly what we need as we expand into the Canadian cryptocurrency and blockchain market. Under his guidance, we believe AGM Canada will rapidly establish itself as a significant player in the industry.
Ma indicated that he is honoured to take on this new role and is fully “committed to driving the company’s growth and success in the Canadian market”. He added:
My focus will be on leveraging our strengths in technology and innovation to create substantial value for our shareholders.
