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Diginex Skids on New Hire

Diginex Limited (NASDAQ: DGNX) shares weakened at the open Wednesday. The company, a leading provider of software that helps businesses and governments manage sustainability, regulatory, and supply chain data, today announced the appointment of Lubomila Jordanova as Chief Executive Officer, representing a key milestone in the Company’s next phase of growth and European expansion.

Jordanova, Founder and former CEO of Plan A.earth GmbH, which was recently acquired by Diginex, “brings a proven track record of building and scaling one of Europe’s leading carbon accounting and decarbonization platforms”, according to this morning’s news release.

“Her appointment reflects Diginex’s ambition to further strengthen its integrated sustainability and RegTech offering platform and accelerate execution across Europe and globally.”

Jordanova is a recognized leader in sustainability technology and climate strategy, with experience spanning entrepreneurship, finance, and policy advisory roles. She is the Founder of Plan A, a leading platform that helps companies measure, manage, and reduce their carbon emissions. Under her leadership, Plan A achieved significant growth across Europe, building global partnerships with organizations such as Visa and developing a client base that includes BMW, Chloé and more than 1,500 companies worldwide. In addition, Ms. Jordanova has served on advisory bodies for organizations including the European Investment Bank, WEPA, and Satgana, and brings a background in investment banking and venture capital across Asia and Europe.

DGNX shares slipped 16 cents, or 11%, to $1.30.