DeFi Technologies Inc. announced the appointment of Philippe Lucet as General Counsel and Corporate Secretary of DeFi Technologies. Mr. Lucet currently serves as General Counsel of Valour, DeFi Technologies’ wholly owned subsidiary and a leading issuer of exchange traded products (ETPs). Moving forward, Mr. Lucet will also oversee DeFi Technologies’ legal, corporate governance, and regulatory affairs. Mr. Lucet succeeds Kenny Choi, who is stepping down from the role.

DeFi Technologies thanks Mr. Choi for his contributions and service to the Company. Before joining Valour, Mr. Lucet served as Group General Counsel at a global IT company headquartered in Geneva, where he oversaw all legal, regulatory, and compliance matters for the group. Previously, he was Vice President and General Counsel for R&D and Intellectual Property at Nestlé’s global headquarters, leading a team responsible for patents, trademarks, digital, legal R&D, and health science worldwide.

Prior to Nestlé, Mr. Lucet was Lead Counsel at Richemont, the Swiss based global luxury group, and an attorney at Salans; Dentons, specializing in corporate law, investments, innovation, and intellectual property. Mr. Lucet holds a Master’s in International Affairs (Finance and Banking) from Columbia University, and a Master of Laws from Stanford University.

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