Board of Directors


Advanced Soltech’s Board of Directors consists of six ordinary members, including the Chairman of the Board, elected at the latest Annual General Meeting.


Frederic Telander

Executive Chairman of the Board


Born 1964. Executive Chairman since 2020. Board member since 2016.

Experience
Former partner in EIG Venture Capital Ltd, an investment company focusing on clean tech investments. Frederic was during the period 2001 – 2008, instrumental in the expansion of the Gas Turbine Efficiency Group and the listing process of the company on the London Stock Exchange’s AIM list in 2005. During the period 2007 – 2009 and 2018 – 2020, Frederic was Chairman of the Board of SolTech Energy Sweden AB (publ), and between 2009 – 2018, Frederic was CEO of the company and instrumental in the listing of Soltech Energy on First North at Nasdaq Stockholm in 2015.

Education
University studies in business administration.

Other ongoing assignments
Board member in Sactum AB and ST-Solar Holding AB.

Holding in the company
10,004 shares through company. 406,849 warrants.

Independency
Not independent in relation to the Company and the management. Not independent in relation to the Company’s major shareholders.


Stefan Ölander

Member of the Board of Directors


Born 1964. Board member since 2016.

Experience
Communications manager within SEB and Kinnevik. Founder of Rewir, which was Sweden’s leading brand agency during the 2000’s, which was sold to Intellecta in 2016. CEO and Chairman of the Board of Swedish and Danish companies within the Intellecta Group. During various periods, Stefan has been both CEO and Chairman of the Board of Zacco.

Education
High School academic degree, majoring in economics.

Other ongoing assignments
CEO and board member in Soltech Energy Sweden AB (publ). Chairman of the Board in Elektrikerna Västra Götaland AB, Afsens Fastighetsbolag AB, ST-Solar Holding AB, NP Gruppen Aktiebolag, Soltech Sales & Support AB, Soltech Energy Solutions 1988 AB, Soldags i Sverige AB, MeraSol AB, Miljö & Energi Ansvar Sverige AB, Takrekond i Kalmar AB, Takrekond i Småland AB, Takorama Aktiebolag, Fasadsystem i Stenkullen Aktiebolag, Din Takläggare i Värmland – Dalsland Aktiebolag, Annelunds Tak AB, Ljungs Sedum Entreprenad AB, Provektor Sweden AB, Raska Ansvarsfulla Montörers Elinstallationer i Angered AB, Wettergrens Tak och Plåtslageri AB and Neabgruppen AB. CEO and board member in Territorium AB and Ölander Invest AB. Board member in SEPSSOLT AB, Galileus AB and Zacco AS.

Holding in the company
2,581 shares.

Independency
Independent in relation to the Company and the management. Not independent in relation to the Company’s major shareholders.


Ben Wu

Member of the Board of Directors


Born 1973. Board member since 2016.

Experience
Ben is founder and CEO of the thin film manufacturer Advanced Solar Power Hangzhou which he started together with his father in 2008. Ben has been CEO of Advanced SolTech Renewable Energy, up to 2020. Prior to this, Ben had a long career within business development and finance as a management consultant with McKinsey from 2004 to 2006 and as an analyst at Himalaya Capital from 2002 to 2004, amongst other assignments. In 2007 to 2008, before founding Advanced Solar Power Hangzhou, Ben had a prominent role at Lenovo, whose investment company also became the first external investor in Advanced Solar Power.

Education
MBA in Finance and Marketing, Columbia Business School. MS in Mathematics and Computer Science, Colorado School of Mines. BS in Mathematics and Computer Science, Colorado School of Mines.

Other ongoing assignments
CEO of Advanced Solar Power (Hangzhou) Inc. Board member in Advanced Solar Power (Hong Kong) Limited, Advanced Solar Power Cayman Limited and HuBei KaiLong Longyan Energy Technology Co Ltd. Executive Partner in Hangzhou Shengri Enterprise Management Consulting Partnership (Limited Partnership), Hangzhou Dingxi Enterprise Management Consulting Partnership (Limited Partnership) and Jiayun Xuanyi (Hangzhou) Enterprise Management Consulting Co., Ltd.

Holding in the company
0 shares. 406,849 warrants.

Independency
Not independent in relation to the Company and the management. Not independent in relation to the Company’s major shareholders.


Gang Bao

Member of the Board of Directors


Born 1969. Board member since 2016.

Experience
Gang is CEO of Advanced SolTech Renewable Energy. Since 2015, Gang has worked with sales and business development in the company. During 2012-2015, Gang was sales and marketing director of Advanced Solar Power Hangzhou and was responsible for building a sales platform in about 30 countries. Between 2008 and 2012, Gang had the role as production director at Advanced Solar Power Hangzhou where he built up and created the manufacturing process for the company’s thin film modules (CdTe). Before entering the solar energy industry, Gang worked both in sales and as a developer at a number of software companies.

Education
MS in Mathematics and Computer Science, Colorado School of Mines. BS in Mathematics, ShanDong University, JiNan.

Other ongoing assignments
Board member in HuBei KaiLong Longyan Energy Technology Co Ltd.

Holding in the company
0 shares. 387,475 warrants.

Independency
Not independent in relation to the Company and the management. Independent in relation to the Company’s major shareholders.


Vivianne Holm

Member of the Board of Directors


Born 1965. Board member since 2020.

Experience
Vivianne has extensive experience from the financial sector and she has in various roles previously worked with equity research, corporate finance and as an advisor with special focus on business development, raising capital and investor relations. Vivianne Holm is an active clean tech investor and also a board member

Education
Master in Economics and Business Administration from Stockholm School of Economics.

Other ongoing assignments
Board Member in  Hexicon AB,  Meva Energy AB, Rocker AB and Volta Greentech AB.

Holding in the company
550 preferred shares of series A.

Independency
Independent in relation to the Company and the management. Independent in relation to the Company’s major shareholders.


Patrick de Muynck

Member of the Board of Directors


Born 1956. Board member since 2020.

Experience
Patrick has worked in the financial sector for most of his 35 year career working in London and New York. From 2000 until 2015 he was a Partner with EQT Partners responsible for Athe Credit activity and member of the Executive Committee. In recent years he is a private investor active either as Chairman or as board member.

Education
Commercial Engineer, Solvay College, University of Brussels.

Other ongoing assignments
Chairman of the board in Ymer SC AB, Ymer SC Fund 1 AB, Ymer SC AC AB, Brocc Holding AB, Skalmsta Ridcenter AB and Dagar hf. Board member in Kara Connect IVS, Kara Connect ehf., Skogsliden Finance AB, Brocc Finance AB and Brocc AB (publ).

Holding in the company
300 preferred shares of series A.

Independency
Independent in relation to the Company and the management. Independent in relation to the Company’s major shareholders.