FRHC - FIDE Announces Finalists for the 2024 World Corporate Chess Championship
(NewsDirect)
FIDE, theFédération Internationale des Échecs (International ChessFederation), has announced the finalists in the 2024 FIDE WorldCorporate Chess Championship, presented by Freedom Holding Corp. Aspart of FIDE's centenary celebrations, this landmark event willbring together the biggest and brightest names in chess and businessfrom June 14 to 17 at the historic Cunard Building in the heart of NewYork’s financial district. The championship includes eightfinalists, whose strategic thinking and prowess earned them a trip toNew York and seats at the chess board, as well as four wild card teamsto turn up the challenge. Blending the intellectual rigor of chesswith the strategic acumen of the business world, these teams willcompete for international recognition and the glory of being titledthe World Corporate Chess Champion .
The 12 finalists competing in New Yorkare:
Nanjing Spark Chess Technology Co., Ltd. (China)
ChessMood Inc. (USA)
LLC “LC” “GRECO”(Ukraine)
UBS Group AG (Switzerland)
Chessify (USA)
Tengizchevroil (Kazakhstan)
Deutsche Bank (USA)
SIG (USA)
Wild card teams:
Freedom Holding Corp. (Kazakhstan)
Google (USA)
Goldman Sachs (USA)
BlackRock (USA)
"This championshipis a unique combination of chess and business – a new concept whichwe are looking to develop further" said FIDE President ArkadyDvorkovich. "Hosting this event in a global financial hub like NewYork underscores the importance of chess in advancing strategicthinking and decision-making within the corporate sector, and we wantto enhance that link. We are thrilled to bring together top corporateminds worldwide and open new pathways for chess in the U.S. andglobally."
The2024 World Corporate Chess Championship, presented by Freedom HoldingCorp. marks a significant milestone, integrating chess into thecorporate sphere for the first time. This event highlights theparallels between the chessboard and the boardroom, celebrating thestrategic thinking that drives success in both arenas.
The finals will takeplace in New York City’s Cunard Building, an opulent, historicexample of New York City architecture reflecting the spirit of globalmaritime trade, located just a short walk from Wall Street. “We aredelighted to host the inaugural event in New York City, a melting potof diversity and an incubator of opportunity,” commented TimurTurlov, Freedom Holding Corp. Chief Executive Officer. “We have seenglobal citizens come together in peace and engagement over the board,and it is that spirit of fellowship and understanding amongst diversepeoples of the world that we would like the Freedom Holding Corp. nameto be synonymous with this. It is an honour for us to be presentingsponsors.”
Attendees will not only witness a showdown for the championshiptitle but also have the opportunity to engage in a full weekend ofthoughtful and enriching activities, such as an insightfulconversation with one of the world’s strongest Grandmasters, HikaruNakamura, a chance to meet International Master, Levy Rozman, and anexclusive behind the scenes tour of a stock exchange. Additionally,the weekend event offers participants daily opportunities to share adrink and network with business professionals and chess enthusiastsfrom across the globe.
Event Highlights
The finals are the culmination of two onlinequalifying stages with entrants from around the world. The competitionwill feature group stage matches and intense playoff rounds, ending inthe crowning of the World Corporate Chess Champion.
The teams will be splitinto two groups, each comprising four knockout qualifiers and twoinvited wild-card teams. The competition will unfold in two stages: a10-round group stage, played over two days, June 15 and 16, followedby the semi-finals with the top two teams from each group facing off,and the finals, both held on June 17.
For information about tickets please visit: www.freedomcapmkts.com/chess
Regulations andParticipation
Each team of four, plus one reserve player, may have one playerwith a FIDE rating exceeding 2400, and no less than three players mustbe employees of the company represented. This ensures a balance ofprofessional and amateur players, making the competition bothchallenging and inclusive.
The finals will be played at a time limit of 10minutes plus 5 second increments per move starting from move one.
GlobalCorporate Representation
The diversity of the participating teams,representing various industries (financial, tech, energy, investment)and regions (Europe, America, Asia), showcases the global appeal andinclusivity of the World Corporate Chess Championship. This eventcelebrates chess and aims to enhance international corporatecommunication and strategic collaboration.
The 2024 World Corporate Chess Championship,presented by Freedom Holding Corp. is more than a competition;it's a celebration of strategic excellence and a testament to theenduring connection between chess and business.
For more information onthe championship, including official regulations, live updates, andresults, please visit https://worldcorporate.fide.com/ .
About Freedom HoldingCorp.
FreedomHolding Corp., a Nevada corporation, is a diversified financialservices holding company conducting retail securities brokerage,securities trading, investment research, investment counseling,investment banking and underwriting services, mortgages, insurance,and commercial banking as well as several ancillary businesses whichcomplement its core financial services businesses, all through itssubsidiaries, operating under the name Freedom24 in Europe and CentralAsia, and Freedom Capital Markets in the United States. Through itssubsidiaries, Freedom Holding Corp. employs more than 6,000 people andis a professional participant in the Kazakhstan Stock Exchange, theAstana International Exchange, the Republican Stock Exchange ofTashkent, the Uzbek Republican Currency Exchange, and is a member ofthe New York Stock Exchange and the Nasdaq Stock Exchange.
Freedom Holding Corp. isheadquartered in Almaty, Kazakhstan, and has operations andsubsidiaries in 19 countries, including Kazakhstan, the United States,Cyprus, Poland, Spain, Uzbekistan, and Azerbaijan, among others.
Freedom HoldingCorp.'s common shares are registered with the United StatesSecurities and Exchange Commission and are traded under the symbolFRHC on the Nasdaq Capital Market, operated by Nasdaq, Inc.
To learn more aboutFreedom Holding Corp., visit www.freedomholdingcorp.com .
AboutFIDE
TheInternational Chess Federation (FIDE) is the governing body of thesport of chess, and it regulates all international chess competitions.Constituted as a non-governmental institution, it was recognized bythe International Olympic Committee as a Global Sporting Organizationin 1999.
FIDEcurrently has its headquarters in Lausanne, but it was initiallyfounded in 1924 in Paris under the motto “Gens una Sumus” (Latinfor “We are one Family”). It was one of the very firstInternational Sports Federations, alongside the governing bodies ofthe sports of Football, Cricket, Swimming, and Auto Racing. It is nowone of the largest, encompassing 201 countries as affiliate members,in the form of National Chess Federations. Chess is nowadays a trulyglobal sport, with dozens of millions of players in all thecontinents, and more than 60 million games on average played everyday.
Source:Freedom Holding Corp.
ContactDetails
Freedom US Markets
Al Palombo (US),Global Communications Chief
+1 646-970-3419
CompanyWebsite
https://www.freedomholdingcorp.com
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