Aluf Holdings announced the addition of noted New York investment banker Richard Zytkowicz to its new Board of Directors to help guide the company into its next generation of development. Mr. Zytkowicz is Managing Director for LM+Co Capital’s Corporate Finance practice, focusing on Mergers and Acquisitions, Capital Advisory, Financial Restructuring and Business Valuation services. He is registered as both a Certified Public Accountant and Certified Insolvency and Restructuring Advisor.

Ben Zandi, Vice Chairman of the Board, hailed the addition as a key piece to Aluf’s market strategies. “Rick is an exceptional gain for our Board. He has more than 25 years of investment banking practice, including substantial M&A experience in highly dynamic and complex situations, including 363 transactions, representing both private and public companies. In short, Rick has the knowledge, expertise and proven insight that can take us to the next level.”

Mr. Zytkowicz said the company’s direction is precisely on target for the market opportunities he sees. “As a newly appointed member of the Board of Directors, I am very excited about the opportunity to work in partnership with a such a distinguished Board to create shareholder value for Aluf Holdings. I believe the company is well-positioned for growth in burgeoning biometrics, blockchain, software and hardware segments. I look forward to providing future strategic guidance.”

Mr. Zytkowicz joins 11 other recently appointed board members pursuing a core concentration on biometrics and blockchain technologies and an identified initial market focus in aviation, health care and government. The company has recently completed their preclosing process for finalizing its major acquisition in the biometrics space.

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SOURCE Aluf Holdings, Inc.