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RedCloud Appoints Prof. Dr. Mustafa Ergen to Board as Non-Executive Director


RedCloud Appoints Prof. Dr. Mustafa Ergen to Board as Non-Executive Director
  • by: GlobeNewswire
  • |
  • April 8, 2026

RedCloud Holdings plc, the company building intelligent infrastructure for global trade, has appointed Prof. Dr. Mustafa Ergen as a non-executive director to its Board of Directors.

Quick Intel

  • RedCloud appoints Prof. Dr. Mustafa Ergen as Non-Executive Director to its Board.
  • The appointment reinforces the company’s strategic focus on Türkiye as a key hub for AI-driven global trade.
  • Prof. Dr. Ergen is a Professor at Istanbul Technical University with extensive experience in AI, 5G, and next-generation networks.
  • He previously served as Chief Technology Advisor to Türk Telekom Group and began his career at UC Berkeley.
  • The move follows RedCloud’s decision to establish an R&D presence in Istanbul’s ITU Teknokent.
  • Prof. Dr. Ergen brings deep technical expertise and strong local knowledge to support RedCloud’s regional and international growth.

Strengthening AI and Regional Expansion Strategy

The appointment aligns with RedCloud’s acceleration of its AI-driven platform, RedAI, and the planned deployment of its RAID (Realtime AI for Distribution) engine. These technologies aim to embed intelligence directly into trade execution rather than simply recording transactions.

Türkiye is positioned as a strategic anchor point due to its central role in complex FMCG trade flows connecting Europe, the Middle East, and Asia. RedCloud views the market as reflective of the fragmentation and velocity challenges its intelligent infrastructure is designed to solve.

“Türkiye is not just a market for us; it is a strategic anchor point in how global trade is evolving. It sits at the intersection of major supply chains but also reflects the fragmentation and complexity we are solving for. Mustafa brings both global perspective and deep local understanding, which is exactly what we need as we scale our infrastructure across these corridors,” said Justin Floyd, CEO of RedCloud.

Prof. Dr. Mustafa Ergen brings a unique blend of academic leadership, entrepreneurial experience, and global infrastructure expertise. As a Professor at Istanbul Technical University and founder of multiple AI and deep-tech ventures, he is recognized among the world’s top 2% of scientists by Stanford University. His prior role as Chief Technology Advisor to Türk Telekom Group further strengthens his ability to guide RedCloud’s technology and regional strategy.

“Türkiye plays a critical role in the movement of goods across regions, but like many markets, it operates across highly fragmented systems. The opportunity to embed intelligence directly into those flows is significant. RedCloud is building infrastructure that can operate in that environment in real time, and I am excited to support its expansion both in Türkiye and globally,” said Prof. Dr. Mustafa Ergen.

Advancing Intelligent Trade Infrastructure

The appointment supports RedCloud’s broader mission to transition from a software platform to an intelligent infrastructure layer for global FMCG commerce. By combining proprietary trading data through RedAI with real-time intelligence capabilities, RedCloud aims to deliver greater visibility, precision, and autonomy across complex supply chains for distributors, wholesalers, and retailers.

About RedCloud Holdings plc

RedCloud’s mission is to build the intelligence infrastructure of global trade, through generation and aggregation of proprietary trading and market data from across the FMCG industry through its RedAI platform (“RedAI”). RedCloud provides market intelligence based on proprietary trading data across categories in each of its markets. The Company also delivers a ‘trading layer’ of products for use by its customers, to enable intelligent digital exchange of everyday consumer supplies of FMCG products across business supply chains, supported by a payments and lending ecosystem intended to streamline trade. RedCloud believes its Platform and associated products and services solve a decades-old problem of how to digitize trade at scale to generate data and intelligence to enable brands, distributors and retailers to maximize business performance across categories in high growth consumer markets.

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