Verde Resources Inc. has appointed Jack Wong as its new President, effective Oct 1st 2022. Wong, 39, who was born and raised in Borneo before graduating with a bachelor's degree in Business Administration from Wichita State University, will oversee all of Verde's subsidiaries and operations in the United States and Asia Pacific. He said he was 'honored and humbled' to be assuming his new position and pledged for the continued pursuit of excellence in Verde's core businesses and delivering value for shareholders.

Earlier this year, Verde acquired a 24.3-acre facility in Missouri via a lease-to-purchase agreement to establish a flagship Biofraction Pyrolysis facility, which would develop products and programs meant for decarbonization and regenerative agriculture. Prior to this development, Wong has been serving as the CEO of The Wision Project, a subsidiary which was acquired by Verde in March 2022. His division has been instrumental in Verde's transition to the Carbon and CBD realm.

Wong also previously worked with Fun Characters International Pte.Ltd. (FCI), which was then the master licensee for Disney Consumer Products, Inc. in the ASEAN countries of Singapore, Malaysia, Indonesia, and Thailand. The company he represented then was granted third party rights to reproduce and use certain Disney characters, Disney materials, and Disney trademarks in connection with manufacturing, distribution, and sale of Disney consumer products in the region. He then went on to build and run a seaside dive resort – Scuba Tiger, which is located 45 minutes away from one of the world's best dive spots – Sipadan island, in Sabah, Borneo, where he hosted scuba divers from all over the world, until the pandemic hit.