August 2016

  • Marc Krombach to join Afaafa

    Posted in August 2016 on Aug 12, 2016

    Afaafa, the Guernsey-based investment and advisory business specialising in alternative finance and technology companies, today is pleased to announce that Marc Krombach will be joining the company on 1st September.

    Geoff Miller, co-founder and CEO of Afaafa said “Marc has over 30 years’ experience within the finance sector, both within traditional banks and the alternative finance sector, and significantly increases the resources we have in-house in this area, which will be essential to achieve our goals for the future.”

    Marc Krombach commented “I am excited to be joining a team that shares m...

  • Why Board diversity is far more than a political correctness

    Posted in August 2016 on Aug 10, 2016

    A recent report in the Washington Post about why more diverse Boards make better M & A decision prompted me to put (virtual) pen to paper about the true nature of diversity, why it matters to companies, why we at Afaafa put a great deal of weight on the benefits of diversity and why it is a tough thing to achieve.

    Before heading into the complexities of diversity itself, why does the concept itself matter to a business? The conclusion of countless studies in the area is that a group composed of people who are fundamentally different will between them make better decisions in the longer term th...

  • Corporate Governance – why this sh*t matters

    Posted in August 2016 on Aug 04, 2016

    According to the OECD, in its publication “Principles of Corporate Governance”:

    “Corporate governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined.”

    Whilst that might sound laudable, the mention of corporate governance for most organisations of any size causes much rolling of eyeballs and sharp intake of breath before arguing that, whilst ...

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