Technology
Bell Announces Upsizing and Results of its Cash Tender Offers for Debt Securities
Published
5 months agoon
By
This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled “Caution Concerning Forward-Looking Statements” later in this news release.
MONTRÉAL, June 3, 2026 /CNW/ – Bell Canada (“Bell” or the “Company”) today announced (i) the release of the results of its previously announced separate offers (the “Offers”) to purchase for cash the outstanding debentures of the ten series listed in the table below (collectively, the “Debentures”) and (ii) that it has amended the Offers by increasing the maximum purchase amount from C$1,000,000,000 (the “Maximum Purchase Amount”) in aggregate purchase price, excluding accrued and unpaid interest, to an aggregate amount necessary to repurchase all tendered C$301,113,000 principal amount of the 4.35% MTN Debentures Series M-39 due 2045, all tendered C$366,626,000 principal amount of the 4.45% MTN Debentures Series M-45 due 2047,C$380,000,000 principal amount of the 5.15% MTN Debentures Series M-60 due 2028, C$60,000,000 principal amount of the 6.55% MTN Debentures Series M-3 due 2029 and C$345,000,000 principal amount of the 2.50% MTN Debentures Series M-52 due 2030 ; excluding accrued and unpaid interest.
The Offers
The Offers were made upon the terms and subject to the conditions set forth in the Offer to Purchase dated May 27, 2026 (the “Offer to Purchase”). Except with respect to the increases in the Maximum Purchase Amount announced by news release on May 27, 2026 and on the date hereof, no other terms of the Offers set forth in the Offer to Purchase have changed. The Debentures are unconditionally guaranteed as to payment of principal, interest and other obligations by BCE Inc. (“BCE”), Bell’s parent company. Capitalized terms used but not defined in this news release have the meanings given to them in the Offer to Purchase.
According to information provided by TSX Trust Company, the Tender Agent, C$3,806,367,000 combined aggregate principal amount of the Debentures were validly tendered in connection with the Offers prior to or at 5:00 p.m. (Eastern time) on June 3, 2026 (the “Expiration Date”) and not validly withdrawn. The table below provides certain information about the Offers, including the aggregate principal amount of each series of Debentures validly tendered and not validly withdrawn prior to the Expiration Date.
Title of Debentures(1)
Principal
Amount
Outstanding
CUSIP / ISIN
Nos.(1)
Reference
Security(2)
Bloomberg
Reference
Page(2)
Fixed Spread
(Basis Points)(2)
Principal
Amount
Tendered
Indicative
Acceptance
Amount
4.35% MTN Debentures Series M-39 due 2045
C$395,000,000
07813ZBR4 /
CA07813ZBR43
CAN 3 ½ 12/01/57
FIT CAN0-50
110
C$301,113,000
C$301,113,000
4.45% MTN Debentures Series M-45 due 2047
C$400,000,000
07813ZBX1 /
CA07813ZBX11
CAN 3 ½ 12/01/57
FIT CAN0-50
110
C$366,626,000
C$366,626,000
5.15% MTN Debentures Series M-60 due 2028
C$600,000,000
07813ZCN2 /
CA07813ZCN20
CAN 3 ¼ 09/01/28
FIT CAN0-50
45
C$530,412,000
C$380,000,000
5.25% MTN Debentures Series M-62 due 2029
C$700,000,000
07813ZCQ5 /
CA07813ZCQ50
CAN 3 ¼ 09/01/28
FIT CAN0-50
50
C$400,536,000
C$0
6.55% MTN Debentures Series M-3 due 2029
C$200,053,000
07813ZAC8 /
CA07813ZAC82
CAN 3 ½ 09/01/29
FIT CAN0-50
60
C$90,411,000
C$60,000,000
2.90% MTN Debentures Series M-50 due 2029
C$550,000,000
07813ZCC6 /
CA07813ZCC64
CAN 3 ½ 09/01/29
FIT CAN0-50
35
C$158,351,000
C$0
2.50% MTN Debentures Series M-52 due 2030
C$1,000,000,000
07813ZCE2 /
CA07813ZCE21
CAN 1 ¼ 06/01/30
FIT CAN0-50
40
C$411,329,000
C$345,000,000
3.00% MTN Debentures Series M-54 due 2031
C$1,000,000,000
07813ZCG7 /
CA07813ZCG78
CAN ½ 12/01/30
FIT CAN0-50
45
C$594,220,000
C$0
4.75% MTN Debentures Series M-31 due 2044
C$500,000,000
07813ZBH6 /
CA07813ZBH60
CAN 3 ½ 12/01/57
FIT CAN0-50
120
C$343,470,000
C$0
3.80% MTN Debentures Series M-48 due 2028
C$1,000,000,000
07813ZCA0 /
CA07813ZCA09
CAN 3 ¼ 09/01/28
FIT CAN0-50
45
C$609,899,000
C$0
(1)
No representation is made by the Company as to the correctness or accuracy of the CUSIP numbers or ISINs listed in this news release or printed on the Debentures. They are provided solely for convenience.
(2)
The total consideration for each series of Debentures (such consideration, the “Total Consideration”) payable for each C$1,000 principal amount of such series of Debentures validly tendered and accepted for purchase will be based on the applicable Fixed Spread specified in the table above for such series of Debentures, plus the applicable yield based on the bid-side price of the applicable Canadian reference security as specified in the table above, as quoted on the applicable Bloomberg Reference Page as of 11:00 a.m. (Eastern time) on June 4, 2026, unless extended by the Company with respect to the applicable Offer. The Total Consideration does not include the applicable Accrued Coupon Payment, which will be payable in cash in addition to the applicable Total Consideration.
Indicative Series Acceptance Amounts
The Company expects to accept for purchase C$301,113,000 in aggregate principal amount of the 4.35% MTN Debentures Series M-39 due 2045, C$366,626,000 in aggregate principal amount of the 4.45% MTN Debentures Series M-45 due 2047, C$380,000,000 in aggregate principal amount of the 5.15% MTN Debentures Series M-60 due 2028, C$60,000,000 in aggregate principal amount of the 6.55% MTN Debentures Series M-3 due 2029 and C$345,000,000 in aggregate principal amount of the 2.50% MTN Debentures Series M-52 due 2030 tendered into the Offers for such Debentures, on a pro rata basis within the 5.15% MTN Debentures Series M-60 due 2028, the 6.55% MTN Debentures Series M-3 due 2029 and the 2.50% MTN Debentures Series M-52 due 2030 with the actual amount accepted to be adjusted for rounding due to proration. The Company expects to accept for purchase C$0 in aggregate principal amount of the 5.25% MTN Debentures Series M-62 due 2029 tendered into the Offer for such Debentures, C$0 in aggregate principal amount of the 2.90% MTN Debentures Series M-50 due 2029 tendered into the Offer for such Debentures, C$0 in aggregate principal amount of the 3.00% MTN Debentures Series M-54 due 2031 tendered into the Offer for such Debentures, C$0 in aggregate principal amount of the 4.75% MTN Debentures Series M-31 due 2044 tendered into the Offer for such Debentures, and C$0 in aggregate principal amount of the 3.80% MTN Debentures Series M-48 due 2028 tendered into the Offer for such Debentures.
The Financing Condition as described in the Offer to Purchase has been satisfied as a result of the closing of the Company’s previously announced public offering of two series of Canadian medium term notes in aggregate principal amount of C$1.6 billion.
Pricing and Settlement
Pricing in respect of the Debentures is expected to occur at 11:00 a.m. (Eastern time) on June 4, 2026, following which the Final Acceptance Amount, the Offer Yield and the Total Consideration in respect of the Debentures validly tendered and accepted for purchase pursuant to the Offers will be announced by the Company.
The “Settlement Date” in respect of any Debentures validly tendered and accepted for purchase pursuant to the Offer for such Debentures is expected to be June 5, 2026. The Company will also pay an Accrued Coupon Payment in respect of Debentures validly tendered and accepted for purchase pursuant to the Offer for such Debentures. Holders whose Debentures are accepted for purchase will lose all rights as Holders of the tendered Debentures and interest will cease to accrue on the Settlement Date for all Debentures accepted in the Offer for such Debentures.
The Company has retained RBC Dominion Securities Inc. (“RBC”), Scotia Capital Inc. (“Scotia”) and CIBC World Markets Inc. (“CIBC”) to act as lead dealer managers, and Desjardins Securities Inc., TD Securities Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., Merrill Lynch Canada Inc., Citigroup Global Markets Canada Inc., Wells Fargo Securities Canada, Ltd., SMBC Nikko Securities Canada, Ltd., Mizuho Securities Canada Inc. and Barclays Capital Canada Inc. to act as co-dealer managers (collectively, the “Dealer Managers”) for the Offers. Questions regarding the terms and conditions for the Offers or for copies of the Offer to Purchase should be directed to RBC at 1.877.381.2099 (toll-free) or 416.842.6311 (collect), Scotia at 800.372.3930 (toll-free) or 212.225.5559 (collect), or CIBC at 1.416.594.8515 (collect). You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.
If the Company terminates any Offer with respect to one or more series of Debentures, it will give prompt notice to the Tender Agent, and all Debentures tendered pursuant to such terminated Offer will be returned promptly to the tendering Holders thereof. With effect from such termination, any Debentures blocked in CDS Clearing and Depository Services Inc. will be released.
Offer and Distribution Restrictions
The Offers were made solely pursuant to the Offer to Purchase. This news release does not constitute a solicitation of an offer to buy any securities in the United States. No Offer constitutes an offer or an invitation by, or on behalf of, BCE, the Company or the Dealer Managers (i) to participate in the Offers in the United States; (ii) to, or for the account or benefit of, any “U.S. person” (as such term is defined in Regulation S of the U.S. Securities Act of 1933, as amended); or (iii) to participate in the Offers in any jurisdiction in which it is unlawful to make such an offer or solicitation in such jurisdiction, and such persons are not eligible to participate in or tender any securities pursuant to the Offers. No action has been or will be taken in the United States or any other jurisdiction that would permit the possession, circulation or distribution of this news release, the Offer to Purchase or any other offering material or advertisements in connection with the Offers to (i) any person in the United States; (ii) any U.S. person; (iii) anyone in any other jurisdiction in which such offer or solicitation is not authorized; or (iv) any person to whom it is unlawful to make such offer or solicitation. Accordingly, neither this news release, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from the United States or any such other jurisdiction (except in compliance with any applicable rules or regulations of such other jurisdiction). Tenders will not be accepted from any holder located or resident in the United States.
In any jurisdiction in which the securities laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.
This news release is for informational purposes only. This news release is not an offer to purchase or a solicitation of an offer to sell any Debentures or any other securities of BCE, the Company or any of their subsidiaries.
Caution Concerning Forward-Looking Statements
Certain statements made in this news release are forward-looking statements, including, but not limited to, statements regarding the terms and conditions and timing for completion of the Offers, including the series of Debentures and amount thereof expected to be accepted for purchase pursuant to the Offers, the expected Settlement Date and other statements that are not historical facts. All such forward-looking statements are made pursuant to the “safe harbour” provisions of applicable Canadian securities laws and of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to inherent risks and uncertainties and are based on several assumptions which give rise to the possibility that actual results or events could differ materially from our expectations. These statements are not guarantees of future performance or events, and we caution you against relying on any of these forward-looking statements. The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as may be required by applicable securities laws, we do not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise. Forward-looking statements are provided herein for the purpose of giving information about the proposed Offers referred to above. Readers are cautioned that such information may not be appropriate for other purposes. For additional information on assumptions and risks underlying certain of the forward-looking statements made in this news release, please consult BCE Inc.’s (BCE) 2025 Annual MD&A dated March 5, 2026, BCE’s First Quarter MD&A dated May 6, 2026 and BCE’s news release dated May 7, 2026 announcing its financial results for the first quarter of 2026, filed with the Canadian provincial securities regulatory authorities (available at sedarplus.ca) and with the U.S. Securities and Exchange Commission (available at SEC.gov). These documents are also available at BCE.ca.
About Bell
Bell is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.
1Based on total revenue and total combined customer connections.
Media Inquiries:
Ellen Murphy
media@bell.ca
Investor Inquiries:
Krishna Somers
krishna.somers@bell.ca
SOURCE Bell Canada (MTL)
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Australian Winter Bulk Cooking Trend Springs Into Spring as Australians Balance Costs and Health Goals
Published
49 minutes agoon
October 28, 2026By
Consumer insights from Samsung Australia reveals approximately 72% of Australians surveyed are turning to bulk cooking to ease grocery bills and stress.
More than a third say their fridge simply isn’t big enough to keep up.
SYDNEY, Oct. 28, 2026 /PRNewswire/ — Samsung Australia has today released a fresh batch of consumer insights that reveals bulk cooking, a habit long associated with cooler months, is extending into spring as Australians look to manage grocery costs and kick-start New Year health goals as the weather warms up.
The Samsung insights reveal that almost two in three Australian respondents (62%) say they have bulk cooked specifically to save money[1], while over two thirds (69%) believe that bulk cooking helps to reduce their weekly shopping bill[2]. Beyond the hip pocket, the insights also suggest Australians are turning to bulk cooking as weekly meal prep to support overall health and wellbeing. Sixty-two per cent of Australian respondents say they intend to start the New Year by eating healthier[3], with over half (59%) claiming that bulk cooking helps meet health and nutrition goals[4].
Furthermore, the insights reveal that bulk cooked meal prep is also emerging as a genuine stress reliever. Almost three quarters of Australian respondents (72%) agree it reduces their weekly stress[5]; a figure that climbs to 87% among 25 to 29 year olds[6]. Further, almost half of Australians respondents (46%) claim to bulk cook breakfast, lunch and dinners to save time and reduce the daily mental load.[7]
Conversely however, Australians are running into storage challenges, with the insights revealing a third (34%) of Australians want to bulk cook more often, but claim their fridge isn’t big enough[8]. Further, around a quarter of Australians (24%) admit to stacking containers dangerously to make bulk-cooked meals fit[9], spiking to 45% among 18- to 24-year-olds and 43% among 25- to 29-year-olds[10].
According to Phil Gaut, Director – Consumer Electronics, Samsung Australia, the national shift towards meal prep to support Australian lifestyles has been occurring subtly over the past few years, and is now firmly reflected in consumer retail trends. “In 2026, larger capacities and energy efficient performance rank as the two most sought-after features among Australians shopping for a new fridge[11]. This shows that bulk cooking and meal prep isn’t just a winter ritual anymore, it’s a genuine strategy for Australians to save money, eat better and feel less stressed as we head towards the end of the year,” said Mr. Gaut.
As Australians move further into spring, the insights show that 56% have plans to use their weekends to bulk cook, while one in three (37%) say they’ll continue to put healthy food at the front of their fridge to remind themselves to eat healthier.[12] With end of year sales coming up, Mr Gaut suggests that now is a good time for Australians to start researching larger capacity models and notes that many shoppers re-entering the market for the first time in years may be surprised by the technological leaps refrigeration technology has taken in that time.
“AI paired with new design approaches have been the biggest drivers of change in the premium refrigeration category, with smart features working to address some of Australians’ biggest pain points every day,” said Mr Gaut. “French-door refrigerators are incredibly popular amongst Australians who rely on bulk cooking to stay on top of bills and schedules because they benefit from large internal capacities, flexible shelving, and in-built beverage centres that give easy access to ice and water – all while fitting into most standard refrigerator kitchen cavities.
“Large capacity screen-enabled refrigerators like Samsung’s Family Hub go further by using AI to directly address common Australian concerns like reducing food wastage and saving time and energy every day. The Family Hub does this by automatically tracking what goes into the fridge to create shopping lists and bulk-cooking menus based on nutrition goals, while tracking and managing energy use via SmartThings.[13] Refrigerators like this are made for Australian lifestyles and are designed to offer long-term value by evolving with families and personalising to their unique routines over time,” said Mr Gaut.
Available in various styles and capabilities in plumbed and non-plumbed models, Samsung has a refrigerator solution to meet the needs of Australian homes. Australians can also shop with confidence knowing that in 2026, Australian consumers voted Samsung’s Refrigerator line-up ‘Top Value’, ‘Most Reliable’, ‘Top Performance’ and ‘Most Recommended’ in Finder’s 2026 Customer Satisfaction Awards.
To find out more about Samsung’s range of refrigerators, visit https://www.samsung.com/au/refrigerators/all-refrigerators/
About Samsung Electronics Co., Ltd.
Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, digital signage, smartphones, wearables, tablets, home appliances and network systems, as well as memory, system LSI and foundry. Samsung is also advancing medical imaging technologies, HVAC solutions and robotics, while creating innovative automotive and audio products through Harman. With its SmartThings ecosystem, open collaboration with partners, and integration of AI across its portfolio, Samsung delivers a seamless and intelligent connected experience. For the latest news, please visit the Samsung Newsroom at news.samsung.com.
[1]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[2]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[3]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[4]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[5]Furthermore, the insights reveal Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[6]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[7] Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[8]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[9]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[10]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[11]WorldPanel ComTech, February 2026. Larger capacity and energy efficiency are the top two features desired by Australian consumers considering a Samsung refrigerator in 2026.
[12] Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.
[13] Using the SmartThings App, which is available on Android and iOS devices. A Wi-Fi connection and a Samsung account are required
View original content:https://www.prnewswire.com/apac/news-releases/australian-winter-bulk-cooking-trend-springs-into-spring-as-australians-balance-costs-and-health-goals-302921385.html
SOURCE Samsung Australia
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GTN and AmInvestment Bank expand market access for Malaysian investors
Published
49 minutes agoon
October 28, 2026By
SINGAPORE, Oct. 27, 2026 /PRNewswire/ — GTN, the global fintech powering limitless investment, and AmInvestment Bank Berhad (“AmInvestment Bank”), part of AmBank Group Berhad, one of Malaysia’s largest leading banking groups, today announced a partnership to expand the global investment opportunities available to AmInvestment Bank clients.
Powered by GTN’s co-branded global trading platform, GTN Trade, AmInvestment Bank will enable its clients seamless access to 13 global markets, including the United States, the United Kingdom, Singapore, Hong Kong, Japan, and Australia.
Through a single integration, AmInvestment Bank can offer access to multiple markets without having to establish separate broker relationships or build the associated connectivity and post-trade infrastructure for each market. GTN Trade operates under AmInvestment Bank’s brand, while GTN provides the underlying execution, custody and settlement infrastructure, enabling AmInvestment Bank to bring its global investing offering to market more efficiently.
“At GTN, we believe access to global markets should be simpler and more accessible to investors,” said Julien Le Noble, CEO Asia at GTN. “Our infrastructure enables financial institutions to expand their investment offerings and connect clients to global markets without having to build the underlying capabilities themselves. By partnering with AmInvestment Bank, we are helping bring global investing opportunities to more Malaysian investors through a familiar banking relationship.”
“Our goal is to make global investing simpler and more accessible for our clients. Through this partnership with GTN, we are enhancing our investment offering by providing convenient access to 13 global markets, enabling clients to diversify their portfolios and capture opportunities across different geographies and sectors. More importantly, this is a strategic step in strengthening our wealth and investment services, empowering Malaysian investors to look beyond domestic markets with greater choice and flexibility. By combining AmInvestment Bank’s market expertise and established presence in Malaysia with GTN’s global trading infrastructure, we are well positioned to deliver a more seamless and integrated investment experience that supports our clients’ evolving financial needs and long-term investment aspirations,” said Christopher Ng, Chief Executive Officer of AmInvestment Bank.
The partnership reflects the growing importance of international market access as investors look beyond their domestic markets to diversify their portfolios. By combining AmInvestment Bank’s established presence in Malaysia with GTN’s global brokerage infrastructure, the partnership will make it easier for AmInvestment Bank clients to access investment opportunities across major global markets and the wider Southeast Asian region.
About GTN
GTN is the global fintech infrastructure powering limitless investment through a unified API-first architecture. By combining cloud-native technology with deep institutional expertise, GTN provides brokers, banks, asset managers, and fintechs with brokerage infrastructure spanning 90+ markets and up to 8 asset classes across GTN’s six regulated entities, through a single API, enabling partners to create the next generation of investing and trading experiences. From fractional trading and micro-portfolios, including $1 fractional bonds, to full-service brokerage, GTN automates the investment lifecycle from digital onboarding to post-trade settlement. As a single counterparty, GTN reduces technical and regulatory burdens, enabling investment banks, brokerage firms, and wealth management firms to scale without having to build technology from scratch.
GTN has over 700 professionals across 14 countries and serves more than 500 clients worldwide, united by one mission: transforming the accessibility of investment and trading opportunities. GTN operates through six regulated entities, each authorised in its own jurisdiction: FCA in the UK, DFSA in the DIFC, MAS in Singapore, SEC and FINRA in the US, FSCA in South Africa, and SFC in Hong Kong. Strategic investors include IFC (World Bank Group) and SBI Ventures Singapore. To learn more, visit www.gtngroup.com or follow us on LinkedIn.
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/gtn-and-aminvestment-bank-expand-market-access-for-malaysian-investors-302921199.html
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Ascendion Expands AI Advisory Community with Four Global Business and Technology Leaders
Published
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October 27, 2026By
Former Global CTO of Banco Santander, former Group CIO of Currys, former CEO of IBPAP, and former Microsoft CVP and CTO of AI join the advisory community
Advisors will provide guidance on AAVA platform innovation, AI strategy, C-suite alignment, and enterprise adoption across Asia-Pacific, Europe, North America, and the UK
The growing community of advisors will bring practitioner perspective closer to Ascendion as enterprises move AI from experimentation to governed, production-scale outcomes
BASKING RIDGE, N.J., Oct. 27, 2026 /PRNewswire/ — Ascendion, an AI-native software engineering company, today announced the appointment of four global business and technology leaders to its AI Advisory Community: Andy Gamble, Jack Madrid, Julieta Ross, Ph.D., and Joseph Sirosh, Ph.D.
The advisors bring perspectives rarely found in one group: executives who answered to Boards, regulators, and C-suites for what technology actually delivered; a builder of AI and data platforms at global scale; and a leader who shaped one of the world’s largest technology-services and talent ecosystems. Their experience spans banking, high-tech, media, and retail. Each will work directly with Ascendion’s regional and engineering leaders, so their counsel reaches the decisions it is meant to shape.
“We are changing how software gets built. Enterprise leaders have moved past experiments. They want AI that delivers outcomes boards can measure and risk they can manage. Andy, Jack, Julieta, and Joseph have the experience and know where transformation succeeds. They will challenge our thinking, raise our ambition, and help us navigate a period of intense — and exciting — change,” said Karthik Krishnamurthy, CEO, Ascendion.
Each advisor will map to a different part of the business, strengthening Ascendion’s alignment with leadership communities across the globe.
Julieta Ross, Ph.D., former Global CTO of Banco Santander, brings two decades of leading technology inside global banks, along with public-company board experience. She will work with Ascendion’s leadership on executive relationships, go-to-market strategy, and growth, and will help the company meet the governance, regulatory, and risk expectations that banking and financial services leaders place on AI. Andy Gamble, former Group CIO of Currys plc, has spent nearly three decades as a technology buyer and transformation leader across consumer electronics, industrial, and retail businesses. He will advise Ascendion’s work across Europe and the UK, with a focus on consumer goods, manufacturing, and retail, and will share what executive teams and Boards expect from a technology partner. Joseph Sirosh, Ph.D., former Microsoft CVP and CTO of AI, has spent his career building and scaling machine learning platforms in the high-tech industry. He will advise Ascendion’s engineering leadership on the evolution of AAVA and its broader platform strategy as AAVA becomes an orchestration and harness layer for enterprise AI. Jack Madrid, former President and CEO of IBPAP, spent five years leading the industry association behind one of the world’s largest technology and business-services ecosystems, centered in the Philippines. He brings robust experience working across industries, including banking, high-tech, and media, and will advise Ascendion on Asia-Pacific markets and on how AI is reshaping global delivery, skills, and workforce models.
Together, the advisors give Ascendion an outside perspective on the full spectrum of enterprise AI, from agentic platform strategy and product engineering to industry alignment and delivery. They will add capacity to Ascendion’s ongoing work on AI governance, helping ensure trusted impact from AI-native software engineering, and their practice-based insight will inform how Ascendion applies its Engineering to the Power of AI™ approach to commercial models, platform design, service execution, and workforce development.
About Ascendion
Ascendion is a global AI-native software engineering company delivering trusted business outcomes – capital unlock, innovation velocity, lower risk – to 250+ enterprise clients. The company delivers business outcomes at scale by combining expert engineers, AI agents, and AAVA, Ascendion’s agentic AI platform. Together, they design, engineer, and operate production-ready software that improves everyday work and life. Learn more at www.ascendion.com.
Engineering to the Power of AI™, Engineering to Elevate Life™, and AAVA™ are trademarks or service marks of Ascendion. AAVA™ is pending registration. Unauthorized use is strictly prohibited.
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ascendion-expands-ai-advisory-community-with-four-global-business-and-technology-leaders-302921368.html
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