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PE-backed Floward appoints first independent board member

Floward has appointed its first independent board member, Nicholas Farhi, as it looks to meet international governance standards.  

Floward has grown its revenue by more than 30 times since 2020, and has raised USD34.2 million to date, the latest of which was its Series B funding round of USD27.5 million – led by STV with participation from Impact46 in June 2021.

With over 20 years of experience, Farhi, who graduated from Oxford University, is currently a partner at OC&C Strategy Consultants, advising CEOs and shareholders on strategy. He also chairs UnLtd, a charity which has backed over 10,000 startup social entrepreneurs; sits on the board of two other scale-ups, and is an experienced angel investor.
 
Farhi, who is based in London, joins Abdulaziz B Al Loughani, Mohammed N Jaafar, Bader N Al Kharafi, Ahmed A Al Naimi, Basmah A Al Sinaidi, and Barrak M Al Usaimi bringing the total number of Floward’s board up to seven members.

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