FYI

AdAsia Holdings parent company boosts executive leadership

AnyMind Group, the entity previously known as AdAsia Holdings, has hired a chief strategy officer and chief financial office.

Hitoshi Maruyama, previously director of publisher engagement for AdAsia Holdings, is now CSO for AnyMind group, while Keizo Okawa joins as CFO.

The announcement:

Formerly known as AdAsia Holdings, the 22-month-old AnyMind Group achieved US$12.9 million in revenue for 2016, over US$26 million in revenue for 2017, and has been operating at a profit since January 2017. The organization has a headcount of 260, with a target headcount of 400 by the end of 2018.

Kosuke Sogo, CEO and co-founder, AnyMind Group said: “These strategic hires allow increased focus across our business lines, providing AnyMind Group and our subsidiaries with the right expertise and direction to accelerate our growth. We’re at an exciting point in the organization’s history – expanding our geographical boundaries along with industry lines – allowing us to empower businesses and professionals with AI-based solutions.”

Before joining AdAsia Holdings, Maruyama held roles at Japanese advertising technology company Geniee and Indonesia-based ADSTARS. At AdAsia Holdings, Maruyama led the growth of the Publisher Engagement department across Asia and oversaw the development and enhancement of the AdAsia Digital Platform for Publishers, a platform that drives multiple revenue streams across display, native and video advertising to online media owners through the use of artificial intelligence.  Maruyama is now tasked with driving the newly-formed AnyMind Group’s overall strategy and growth across the advertising, marketing and human resource industries, along with future industries.

“The company has always been driven by three key pillars: people, innovation and localization. What we will do moving forward is to build up our Software-as-a-Service offerings and find ways in which we can enhance these pillars to drive them further into each industry,” said Maruyama.

As Chief Financial Officer, Okawa will lead AnyMind Group’s financial strategy and management. He will also be leading the organization in preparation for future funding rounds and a potential public listing. He joins from Morgan Stanley, where he was vice president in the investment banking group. During his investment banking career, Okawa had worked on a large number of M&A and capital market transaction in the technology sector. Prior to that, he spent almost half a decade at Deloitte Consulting.

“AnyMind Group, and previously AdAsia Holdings, has been growing at such a quick rate – and is on a very interesting trajectory with their integration of AI and machine learning into existing and future products across industries. It is rare to find a company that has seen such growth and I’m excited to further what has been laid out so far,” said Okawa.

These are newly created positions for the fast-growing AnyMind Group, the parent company of AdAsia Holdings, CastingAsia and TalentMind. AnyMind Group has plans to expand into Malaysia and the Philippines in the first half of 2018, and India, Russia and Dubai by the end of 2018. 

Source: AnyMind Group

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