Ikigai Ventures Ltd on Monday said it has appointed Kane Black as its new chief executive officer following Nicholas Bryan-Brown’s departure.

The special purpose acquisition company focused on Asia and Europe said Black has joined the firm as CEO effective immediately.

This comes after it was announced last month that Bryan-Brown would step down after his CEO contract reached its expity date. He has led the firm for the last two years.

According to Ikigai, Black’s most recent stint was as CEO of Inex Innovate, where he still remains as a non-executive director.

‘Black will lead Ikigai’s initiatives in seeking out acquisition opportunities within the dynamic technology sector of the Asia Pacific region,’ the company added.

Commenting on his appointment, Bryan-Brown said: ‘We welcome Kane Black as CEO of Ikigai and believe his extensive experience and Asia-focused network will be invaluable in identifying suitable acquisition opportunities for the company in the region.’

Shares in Ikigai were untraded at 45.00 pence each in London on Monday afternoon.

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