Kinnelon, NJ, May 1, 2014 (GLOBE NEWSWIRE) -- Premiere Opportunities Group, Inc (PPBL:OTCQB) www.premiereopportunities.com is pleased to announce that it has appointed Mr. David Kovacs to its Board of Advisors and as the Managing Director of Strategic Finance for the Company.
Premiere Opportunities is a public holding company with two subsidiaries one which is focused on the design, manufacturing and distribution of apparel into Southeast Asia and Mainland China and the other subsidiary which specializes in strategic planning and advisory services.
Chris H Giordano, Premiere's CEO and Chairman stated "We are pleased to welcome David Kovacs to our team of dedicated and goal oriented professionals. Mr. Kovacs is currently the head of Investment Banking, Private Equity, and Research for the Americas, for Fitch Learning (Fitch Ratings.) Prior to his tenure at Fitch, Mr. Kovacs was a Managing Director at The Hinduja Group, one of the largest diversified finance groups in the world with over $50 billion under management. At Hinduja Group, Mr. Kovacs assisted spearheading the group's private equity investments and strategic relationships. He has held various Investment Banking and Private Equity roles at The Blackstone Group and Citigroup. I feel very strongly that David's diverse background gives him an ability to think outside the box. I am confident that David's knowledge and global reach will serve the management and shareholders of Premiere very well now and in the future."
"I am very pleased to be working with Chris Giordano and his team at Premiere Opportunities Group, Inc" stated Kovacs. I look forward to working with Chris and his team members worldwide to build upon the Company's reputation, and to help fuel their business through their organic growth and acquisition models."
Mr. Kovacs earned a bachelor's degree from City University of New York (C.U.N.Y) majoring in Economics, Finance, Biochemistry, and a minor in Accounting and Political Science. Mr. Kovacs completed all University course requirements in two years, and at eighteen years of age. He also attended Columbia University.