Posted 27 March, 2024

Cyber Apps World appointed Andrea Cattaneo as new CEO

OTC:CYAP appointed new Chief Executive Officer Andrea Cattaneo in a 8-K filed on 27 March, 2024.

  In addition, the board of directors appointed Andrea Cattaneo as Chief Executive Officer and President.  

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Overview of Cyber Apps World
Technology • Software
Cyber Apps World, Inc. is engaged in the business of consulting services in the retail specialty coffee industry. The firm also focuses on the development of mobile applications allowing users to save money on products and services with mobile coupons using desktops, mobile devices, and smartphones. The company was founded on July 15, 2002 and is headquartered in Las Vegas, NV.
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Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective March 25, 2024, the Company's board of directors appointed Andrea Cattaneo as a director of the Company to fill the vacancy created by the resignation of Ippolito Cattaneo as a director and secretary of the Company on March 5, 2024. In addition, the board of directors appointed Andrea Cattaneo as Chief Executive Officer and President. Luca Benedetto, a director and the Company's President and Chief Financial Officer will continue to serve as a director and Chief Financial Officer of the Company.

The following is a brief description of the background and business experience of Mr. Andrea Cattaneo.

Andrea Cattaneo, 68, has served as a director of Zenith Energy Ltd. ("Zenith Energy"), our controlling stockholder, since December 2008 and as President and Chief Executive Officer of Zenith Energy and its affiliated entities since January 2009. Zenith Energy, Ltd., which is based in Canada, is a publicly held company engaged in the acquisition and development of energy production opportunities, principally in Central Asia, North America, Africa and Europe. Its shares are listed on the London Stock Exchange Main Market (LSE: ZEN), admitted to trading on the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA) and quoted on the OTCQB Venture Market cross-trading facility in the United States (OTCQB: ZENAF).

Mr. Cattaneo is an experienced energy industry executive, with a focus on energy production opportunities in emerging countries. He has over 30 years' experience in advising governments in financial, industrial, and energy matters and strong expertise and experience in structuring and negotiating contracts, having initiated and signed agreements with some of the largest state-owned oil and gas companies in the world. Prior to entering energy industry, Mr. Cattaneo's primary business activity was banking, with a specialization in sovereign loans to developing economies. Mr. Cattaneo holds an undergraduate degree in economics from the University of Genoa and a postgraduate degree in taxation law from the University of Bologna.