Othman Ktiri, founder and shareholder of the company, consolidates himself as executive chairman and focuses his leadership on the strategy and future development of the group. Joaquim Monclús, until now Chief Corporate Officer, takes over the management of the business with the mandate to execute the OK Forward strategic plan. The Board of Directors has approved the appointment unanimously
The Board of Directors of OK Mobility has approved unanimously, at its latest meeting, the appointment of Joaquim Monclús as Chief Executive Officer (CEO) and company’s managing director. Othman Ktiri, founder of the group, consolidates himself as executive chairman and maintains leadership of the company’s strategy and future development.
The decision distributes responsibilities between the executive chairmanship, which focuses on the group’s strategic vision and major decisions, and the CEO, responsible for the management of the business. With it, the group completes the evolution of its management and corporate governance model, a new step in the company’s professionalization process, with the aim of strengthening coordination among its different business areas, speeding up decision-making, and ensuring the execution of its strategic priorities.
Othman Ktiri, founder and executive chairman of OK Mobility, has stated that "the appointment of Joaquim marks an important milestone in the evolution of OK Mobility. The company has reached a scale that requires a structured governance model with clearly defined responsibilities and a CEO fully dedicated to managing the business, which allows me to focus on the strategy and on the decisions that will shape the future of the group".
From the executive chairmanship, Othman Ktiri will continue to lead the long-term strategy, the allocation of capital, major corporate decisions and relations with the Board, investors, as well as alliances with industrial partners and vehicle manufacturers. "I will remain at the forefront of the project I founded more than twenty years ago, with the same ambition and with a structure more prepared to make it a reality. I will work very closely with Joaquim to continue building a stronger and more profitable company", he added.
Joaquim Monclús, who joined OK Mobility in 2018 as Chief Financial Officer and until now held the position of Chief Corporate Officer, assumes the management of the entire activity: operations, the commercial and corporate areas, results, and coordination of the Management Committee. He will report to the executive chairman and the Board of Directors.
The appointment comes after OK Mobility has completed this year its refinancing of about 300 million euros with the unanimous support of its entire banking pool, additional financing of 130 million euros structured through an "Asset-Backed Loan" and more recently the entry of a Family Office through a convertible loan of up to 10 million euros.
For his part, Joaquim Monclús, CEO of OK Mobility, has stated: "I take on this new responsibility with a sense of duty and with the determination to keep building, together with all our team, a company that is increasingly competitive, efficient, and customer-oriented. We have a strong brand, a committed team, and clear priorities: profitability, financial solidity, operational efficiency, and excellent service to our customers. We will address them with rigor and discipline, hand in hand with Othman and all the people who make up OK Mobility".