EcoloCap Solutions Inc. (OTCBB: ECOS) addresses climate change concerns by offering solutions for green energy projects in emerging economies. The company focuses its operations on projects that qualify for Carbon Emission Reduction credits as part of the United Nations’ Kyoto Protocol. EcoloCap works with governments and enterprises to reduce greenhouse gas, and relies on a qualified management team and board of directors to execute its business plan.
The company today announced the addition of Michael J. Oliver to its board of directors. Oliver’s extensive background as a senior banking and finance professional in the United States, Australia and Europe is expected to enhance EcoloCap’s business strategy.
“I am extremely pleased to welcome Mike Oliver to the board. He brings a wealth of experience and his extensive network of senior level contacts across Asia will be a significant help in developing our client and project relationships throughout the region,” chairman of EcoloCap Robert G. Clarke stated in the press release.
Before his early retirement in 2005, Oliver served as Regional Board Member of Commerzbank AG where he was responsible for Commerzbank’s merchant banking subsidiaries operating in the Asia-Pacific region, its commercial banking activities and branches in Hong Kong, Shanghai, Singapore and Tokyo, as well as providing regional oversight and corporate governance. Oliver also served as general manager and CEO of Commerzbank’s Hong Kong branch, as well as senior manager of Corporate Banking with the London branch.
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