Nasdaq GlobeNewswire

Oltmann Siemens, Famed International Banker and Economic Counselor, Joins C-MCC Development Group, LLC as Vice Chairman

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The former representative of the World Bank brings a unique perspective to the Company's major trade and financial initiative in Curacao

NEW YORK, Oct. 12, 2017 (GLOBE NEWSWIRE) -- The C-MCC Development Group have announced that Oltmann Siemens, the eminent Jurist, Banker and Economic Counselor to many countries, has joined the company as Vice Chairman.

The C-MCC Development Group LLC, which is based in the U.S. and Curacao, has extensive experience in real estate development, technology, security and international commodities trading.  It is the holding company of the Curacao Multi-Commodities Centre Worldwide Free Trade Zone, the first of its kind in the Western hemisphere.  It will establish Curacao as a premier international trade development hub and gateway to the world's markets.

In making the announcement today, George Kearns, Chairman and CEO of C-MCC said, Oltmann Siemens has helped shape today's European business and financial interaction. "His achievements are inspiring and his interaction with governments and international business banking will add considerably to our endeavors to make Curacao the epicenter of trade and finance in this Hemisphere."

"His experience over several years in working with a number of governments including that of the U.S., together with international business and financial leaders, will help C-MCC identify the opportunities which lie ahead.  He is a valuable asset to us in today's volatile global economic environment.  We are privileged to have him join us."

The Chairman's comments were echoed by Dr. I. S. Steven Martina, Curacao's Minister of Economic Development, who said, Oltmann Siemens reputation precedes him. "My Government is intent on bringing international investment to Curacao, so for this and so many other reasons, we are delighted Oltmann has agreed to join the Board of C-MCC Development Group as its Vice Chairman. His unique worldwide perspective as a preeminent Jurist and International Banker, together with his interaction with world business leaders, will help accelerate the efforts of C-MCC and my government to place Curacao at the very forefront of regional trade and financial services."

In thanking the Minister and Chairman, George Kearns, Mr. Siemens said, "I am honored to have this opportunity to play a strategic role within a thoroughly aware and forward looking company like the C-MCC.  We conduct our business in a world of seemingly instantaneous communication. The management of C-MCC, in their endeavors to create a dynamic all encompassing trade and distributive centre in Curacao, has embraced some of the most highly developed communications and trading tools to create an engine to provide a common regulatory global market and boost trade for the benefit of all.  I admire this greatly and I am so very pleased to join them in establishing Curacao as a premier financial centre in the Western Hemisphere - one that will revolutionize business and economic growth in the region.  Again, I am so very pleased to join this group of dedicated business leaders."

C-MCC Worldwide is a free trade zone initiative that will provide an ecosystem to facilitate physical, commodity trading, financial, technological and regulatory services through Curacao. It is the first free zone entity of its kind in the western hemisphere that will establish Curacao as the premier international trade development hub and gateway to the world. The establishment of the C-MCC will reduce political and economic risk and revolutionize the growth of trade, business and communities in many regions of the world.

Contact:     Media Contact:
       
Christina Sitlani, Director Marketing     Victor Webb
C-MCC Worldwide     Marston Webb International
T: (347) 529-9344      T: (212) 684-6601
e-mail:  Christina.Sitlani@c-mcc.com      e-mail: marwebint@cs.com 
 
 



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: C-MCC Development Group, LLC via Globenewswire

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