Panglobal Appoints New Directors
22 May 2009 - 4:43AM
Business Wire
Panglobal Brands Inc. (OTCBB: PNGB) today announces the
appointment of Dru Narwani and Charles Shaker to its Board of
Directors.
Mr. Narwani is an international banker with 25 years of banking
experience in Bay Street, Toronto, Wall Street, Glasgow Scotland,
London England, Mumbai India, and Bangkok Thailand.
He began his banking career in 1975 as Assistant Controller,
International at the Canadian Imperial Bank of Commerce
headquarters in Toronto. He later joined the British international
banking groups, Barclays and Standard Chartered. As President and
CEO of the Standard Chartered Bank in Bangkok, Mr. Narwani had the
rare opportunity during the Asian crisis of 1997, to acquire a
large Thai bank and merge it with his British bank.
Mr. Narwani currently chairs the board and audit committee of
Nova Pole International, a Vancouver based private company engaged
in manufacturing steel poles for highway lighting, electrical and
telecommunication applications. He is also a member of the board
and audit committee of Webtech Wireless Inc., a Vancouver based
public company in the transportation industry providing global
Telematics, location-based, products and services. Additionally,
Mr. Narwani was recently appointed Senior Partner and Chief
Business Officer of TKMG, a Toronto based consultancy in knowledge
management. His other recent projects have included being President
of Flight Crew International, a division of a Toronto based
aerospace company Atlantis Systems International; helping establish
a private bank and insurance company in Barbados for a Toronto
based business group; and the role of Deputy Chairman for the
business interests of Peter Thomas, the past founder of Century 21
Canada.
Mr. Narwani is an executive mentor for MBA students, a panel
judge for business case competitions and a frequent guest speaker
at conferences for University of Victoria.
Mr. Shaker is a financial advisor and private wealth manager,
focused on ultra-high net worth individuals. Evolving from an
accounting and financial planning background, he has tailored his
skills to provide sophisticated advice to clients who span all
corners of the globe. His private equity placements have fueled
successful companies in the real estate, banking and finance,
manufacturing, utilities, fashion and hospitality industries. A
well-seasoned traveler, Mr. Shaker has seen the benefits of being
exposed to major world markets and banking centres, allowing him to
deliver comprehensive services to his clients and providing higher
value through a broader perspective to his partners. A major
sponsor of several charities, Mr. Shaker also volunteers his time
and resources for the benefit of those in his community.
About Panglobal Brands Inc.
Panglobal Brands, Inc. is committed to building a diverse stable
of apparel brands, capitalizing on opportunities to participate in
the hottest fashion trends as they happen. Our business strategy is
to create a balance with dynamic branded products and the
traditionally more stable private label apparel business by selling
branded products through specialty retailers and by running a
private label division catering to department store chains. Our
current brands include: SoSik, which represents affordable fashions
for the burgeoning junior market; Scrapbook, which is aimed at the
teen and junior markets and features mix and match knits; Tea &
Honey, a casual ladies wear collection that has onto the scene this
year; Haven, a value oriented contemporary print dress label.
This strategy plus a management team with significant apparel
industry experience, enables Panglobal Brands to bring eye-popping
product lines to market at competitive price points.
Panglobal Brands (CE) (USOTC:PNGB)
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