Board of Directors

Francis Létourneau, President & Chief Executive Officer

Francis Létourneau is a seasoned and accomplished Sales and Marketing executive with over 25 years of experience in the telecom industry. Mr.Létourneau is a results-oriented and self-driven professional with 20 years of experience at NuRAN Wireless Inc. Mr. Létourneau was initially promoted to member on the Board of Directors at NuRAN in 2015.

This experience has now earned him the title of President and CEO of NuRAN Wireless. Mr. Létourneau has been instrumental in steering NuRAN into a new direction through the implementation of  a Network As A Service (NAAS) business model, which now defines NuRAN as a rural Mobile Network Enabler. As a result of this strategic initiative, NuRAN Wireless has now generated over $800 Millions Dollars in contracts in its initial year as NaaS supplier.

Mr. Létourneau holds a bachelor’s degree in business administration from Laval University, Quebec, Canada and is a Registered Certified Management Accountant (CMA).

Jim Bailey, Chief Financial Officer

25+ years of experience working with Telecoms, Media and Technology companies. Roles include Director of M&A, Chief Financial Officer, Chief Executive Officer and Director. A significant role in the NuRAN space was CFO and later CEO of Telecel International, a subsidiary of Orascom Telecom Holdings, which had operations across sub-Saharan Africa. He also worked in Business Development for the group cover the EMEA region and was CFO of Orascom Telecom WiMAX Limited, a joint venture with Intel Capital. For the last 10 years Jim has worked as a financial consultant to SMEs providing corporate finance advice in M&A, business planning and as interim/part-time CFO. He is holds a Bachelor of Commerce degree from the University of Calgary, an MBA from London Business School and is a member of the Chartered Institute of Management Accountants (CIMA).

Mr. Binyomin Y. Posen is a CEO, Chief Financial Officer & Director at Rio Verde Industries, Inc., a Director, Chief Executive & Financial Officer at TransGlobe Internet & Telecom Co. Ltd., a Director, Chief Executive & Financial Officer at Shane Resources Ltd., an Independent Director at Pacific Iron Ore Corp., a Director, Chief Executive & Financial Officer at Prominex Resource Corp., an Independent Director at Red Light Holland Corp., a Director, Chief Executive & Financial Officer at Jiminex, Inc., a Director, Chief Executive & Financial Officer at Sniper Resources Ltd., a Chief Executive Officer, CFO & Director at Academy Explorations Ltd., an Independent Director at Senternet Phi Gamma, Inc., a President, CEO, CFO, Secretary & Director at Agau Resources, Inc. and a President at 2778533 Ontario, Inc.

He is on the Board of Directors at Rio Verde Industries, Inc., TransGlobe Internet & Telecom Co. Ltd., Shane Resources Ltd., Pacific Iron Ore Corp., Prominex Resource Corp., Red Light Holland Corp., Jiminex, Inc., Sniper Resources Ltd., Academy Explorations Ltd., Senternet Phi Gamma, Inc., Agau Resources, Inc., Hash Corp., Interactive Games Technologies, Inc. and NuRAN Wireless, Inc. Mr. Posen was previously employed as a Director, Chief Executive & Financial Officer by Novamind, Inc., an Independent Director by Fairmont Resources, Inc., a Chairman by ehave, Inc., and a Senior Analyst by Plaza Capital Ltd.

He also served on the board at Added Capital, Inc., World Class Extractions, Inc., CBD MED Research Corp., Tova Ventures II, Inc. and High Tide, Inc.

Vitor M. Fonseca, Board Member

Vitor has over 25 years of experience in the finance and real estate industries. He is currently Vice President and Treasurer of Romspen Investment Corporation, one the largest private commercial real estate lender in Canada with a $3 billion north American portfolio. Immediately prior to joining Romspen he was Chief Operating Officer of a retirement home developer and operator.

He is currently a director and Chair of the Audit Committee of Canntab Therapeutics Inc. and a director of Magellan Communities Care a not-for- profit organization developing a senior care complex in downtown Toronto. He is a former director and Chair of the Audit Committee of Mission Ready Services Inc. and of Enwave Energy Corporation.

Vitor holds an MBA from the Rotman School of Management , a CPA-CGA and is also a graduate of the Institute of Corporate Directors.

Brendan Purdy is a businessperson who has been at the helm of 7 different companies and presently is Chief Executive Officer, Secretary & Director at Canadian GoldCamps Corp., Chief Executive Officer & Director at International Cobalt Corp., Chief Financial Officer & Director at Transnational Cannabis Ltd. and General Counsel for 3sixty Secure Corp.

He is also Member of The Law Society of Upper Canada, COO-Medical Blockchain & Data Security Division at EGF Theramed Health Corp., General Counsel of CanUrsa Finance, Inc. and Principal at Brendan Purdy, Barrister & Solicitor and on the board of 7 other companies.

He previously held the position of Chairman at Mojave Jane Brands, Inc., Independent Director at Pasofino Gold Ltd., Secretary & Corporate Counsel at Advanced Explorations, Inc., Secretary & Director at Global Gaming Technologies Corp., President, Chief Executive Officer & Director at Element 79 Capital, Inc. and Chief Executive Officer of Seaway Energy Services, Inc.

Brendan Purdy received a graduate degree from the University of Ottawa and an undergraduate degree from the University of Western Ontario.

Navindran Naidoo, Director and Chair of the Strategic Committee

Navi Naidoo has over 25 years telecommunications experience, in the fields of mobile and fixed network planning and optimisation, encompassing network facilities development, spectrum planning, transport systems including IP networks, next generation core and enterprise networks. He was responsible for the efficient and strategic evolution of Networks (RAN, Transport, Core, OSS and Energy & Infrastructure) to offer the best customer experience to MTN’s customers, globally. He was also instrumental in advancing the rural network rollout across Africa by introducing alternative vendors, such as NuRan and other ORAN suppliers. Navi represented MTN Group at the Facebook TIP initiative and facilitated numerous lab and field testing of Open Source equipment and other RAN vendors for rollout in Africa.

Navi joined MTN in 1997 and has held various Senior Management positions in Group Technology as well as being the Network Executive from 2013 to 2021. He has had previous assignments in Nigeria, Uganda, Cameroon and Swaziland, where he was instrumental in the initial planning, deployment and operation of MTN’s mobile networks in these countries.

Navi holds a Master of Business Administration Degree, Post Graduate Diploma in Business Management, Master of Science in Engineering & Electronics and a Bachelor of Science in Engineering & Electronics from the University of Kwazulu-Natal (formerly the University of Natal) in South Africa.