According to PANews, Fnality International Ltd., a blockchain company backed by major banks such as Goldman Sachs and UBS Group, is in the process of evaluating candidates to succeed its current CEO, Rhomaios Ram, who plans to retire. A spokesperson for the company confirmed that the 60-year-old Ram has expressed his intention to resign to the company's board. However, he will continue to serve in his role until a successor is appointed and a smooth transition is ensured.

Fnality International, known for its blockchain initiatives, is now focused on ensuring a seamless leadership transition. The company is actively considering potential candidates to take over the leadership role, aiming to maintain its strategic direction and operational stability. The decision comes as the company continues to navigate the evolving landscape of blockchain technology, with the support of its prominent banking partners.

The announcement of Ram's retirement marks a significant moment for Fnality International, as it seeks to uphold its reputation and continue its contributions to the blockchain sector. The company remains committed to its mission and is taking careful steps to ensure that the leadership change does not disrupt its ongoing projects and collaborations. The board is expected to make a decision on the new CEO in due course, with the aim of facilitating a smooth transition and continued growth for the company.