Local weather Influence X (CIX), a worldwide market and alternate for high quality carbon credit, has introduced the departure of its CEO, Mikkel Larsen.
Larsen, who has been on the forefront of CIX since its inception, will keep in his function till a successor is discovered. He plans to shift his focus in the direction of his household however will stay concerned with the corporate as a member of its board to facilitate a clean transition.
Larsen’s management since 2021, have been central to the operational success and strategic course of CIX as he lead the corporate since its launch the identical yr by to the total operationalisation of its core options immediately.
The seek for a brand new CEO has commenced, spearheaded by the CIX Board and supported by outstanding buyers together with DBS Financial institution, GenZero, Mizuho Monetary Group, the Singapore Change (SGX Group), and Customary Chartered.
The purpose is to determine a candidate who can information CIX by its subsequent progress section, constructing on the robust basis laid below Larsen’s tenure.
Earlier this yr, CIX had raised US$30 million in funding from Mizuho. Mizuho is now amongst CIX’s founding shareholders, a bunch that additionally contains DBS Financial institution, SGX Group, Customary Chartered, and GenZero.
Mikkel Larsen, CEO of CIX stated,
“It has been a really tough choice to depart an organization that I had the nice fortune of serving to to construct, and that I’ve a lot conviction in. I’m comforted by the truth that I go away behind a robust crew and board whose help I may at all times depend on.
It has been my privilege to be a part of a crew which is united as a collective to ship scalable constructive local weather impression. I look ahead to guaranteeing a clean transition, and supporting the crew and incoming CEO as they proceed to construct on the constructive momentum established at CIX.”
Invoice Winters, Group Chief Government, Customary Chartered and present Chair of the CIX Board of Administrators stated,
“On behalf of the Board, I wish to thank Mikkel for the outstanding job he has carried out, main and constructing a worldwide enterprise that delivers constructive local weather impression.
We’re assured within the management crew’s capability to drive the corporate ahead throughout this transition interval, and look ahead to drawing upon Mikkel’s experience in an advisory capability as we put together the incoming CEO for future success.”
Featured picture credit score: Edited from Freepik