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Board of Directors

Hannes Schuerger
Dipl. Ing. (FH)

After graduating from high school, Hannes Schuerger completed his military service in a mountain troop armored infantry company and absolved an apprenticeship as a landscape gardener. Before studying environmental engineering and urban planning, he worked as a crew leader in a landscape construction company.

During his studies, he started his own business as a freelancer for landscape architecture and environmental consulting. He ended his studies with a German engineering degree and worked for a big engineering company.

After the German reunification, he advised many

municipalities in East Germany and became a specialist for the redevelopment and restructuring of East German industrial cores, especially in the chemical and energy industry, such as the Leuna site, with the construction of a new refinery and restructuring of the main industrial site of the GDR industry. Today, Leuna is the biggest industrial area in Germany, with an area of 13 square kilometers. Over the years, he made a career up to the CEO of this engineering company with several hundred employees and all different kinds of engineering and architectural divisions. Other industrial areas in Germany followed. He was also responsible for the legal supervision of the largest foreign industrial investment in Germany by Dow Chemical. The investment volume was 6 billion EUR.

In addition to the restructuring of industrial centers, he dedicated himself to municipal development and created new planning instruments and processes in order to better link the various departments and to reduce investment costs for the communities, while at the same time, improving the quality of life for the population.

As an investor and co-partner, he built the first waste to energy plant in Bavaria/Germany in the 1990s. The aim was to sort the biowaste of the municipalities regionally and to process it into electricity and fertilizer via the biogas process. He is still internationally active in this segment today.

This was followed by work in the development of major tourism and artistic edutainment projects for a world- renowned artist, for governments in Asia as well as in Europe.

However, he then became more and more interested in the commercialization of new technologies in the field of renewable energies, as well as water-, air- and soil protection, combined with digitalization and sensor technologies.

2019 he cofounded Elof Hansson Clean Tech GmbH (EHTC) in Munich, together with Elof Hansson International (EH) in Sweden. EH Sweden is a 120 year old traditional Swedish company with 36 offices worldwide - also in India. EHCT is developing economical sustainable solutions for countries in Africa or Middle Asia, using new technologies. They are active in waste to energy projects, solar parks and solar cell production, industrial developments and also in the agricultural sector for enabling new sustainable plantation systems for carbon capture/carbon credits and regional development.

Further activities actually are the commercialization of a new middle wind technology (80 – 400 kW), new construction materials for a circular economy (cradle to cradle), producing green fertilizer from waste residues over green hydrogen (to green urea) and the engagement in setting up logistics for the green hydrogen future by international consortiums in ports and industrial areas like Africa and Middle East or Latin America.

He is deeply convinced, that our new questions, appearing by climate change and political as security changes, can only be solved by creating new models and solutions, based on self-carrying sustainable business solutions in the transfer to a green global economy which is based on local potentials.

Faramarz Farhoodi Chairman and Chief Executive Officer

Faramarz Farhoodi Chairman and Chief Executive Officer AI Nexus Inc. is a dual UK/US national, currently residing near Chicago. As a pioneer in commercial applications of Artificial Intelligence, Faramarz has been at the forefront of the migration of AI concepts from academia to practical, real-world applications.

In the early 1980s, Faramarz completed his B.Sc. (Honors) in mathematical economics at University College Cardiff in the UK. As a SciFi fan, and an early computer gamer, he realized that the science and art of decision making could be leveraged to create intelligent machines, but he did not have the technological knowledge to pursue his vision. He accepted an offer from Essex University in the UK to pursue a masters degree in computer science specializing in Artificial Intelligence. At that time, Essex was among the top centers of excellence for post graduate studies in AI. Using his extensive knowledge of computing algorithms and AI techniques, he created the first ever AI chess playing program for his dissertation. This program combined computational algorithms with the knowledge of strategies and tactics of grand masters and played the end game at a masters’ level.

Faramarz realized that the most practical way to create intelligent machines is to combine computational algorithms with human expertise. This realization was the foundation of his future work that led to the first digital brain technology that can emulate human-like intelligence. Faramarz began his career with a small startup where he was a part of the team that created the first AI programming language for personal computers in the mid-80s. He also built two ‘first in the world’ commercial AI applications: Loan credit scoring for Midland Bank and Itinerary planning application for Thomas Cook. Both programs had to run on the very limited 640Kb memory personal computers of that era.

Faramarz was recruited by UK-based Logica, joining the Cambridge future computing center. Logica was renowned for its culture of innovation and achievements in industrial automation, finance, space and defense. Logica Cambridge had the most advanced high-power workstations for artificial intelligence development along with a highly talented team with diverse skills. At Logica, Faramarz figured out how to combine human expertise with computational algorithms to create a digital brain that could sense the world, recognize patterns, reason, act, and learn. Using his technological and analytical skills, he created a unique approach to integrating isolated subfields of AI (machine learning and cognitive AI) with traditional computing, operations research algorithms and applications. He was able to deploy fit-for-purpose combinations in the small computing platforms of the 1980s and 1990s and, notably, achieve massive scalability and high performance. This expertise helped Faramarz bid for and win carefully selected projects for Logica. Faramarz has led more than 1,000 person-years of AI application development in defense, healthcare, manufacturing and finance. Drawing on that experience, he has created the unique enabling technology of AI Nexus, an AI operating system and digital brain technology that can be used in any industry and can deployed in any device to solve previously intractable problems.

Faramarz has held a variety of senior management and C-level positions (including COO, CTO, CIO, CMO) at various companies - public and private, venture backed, growth - including: • Amazon • InterActiveCorp (IAC) • Logica UK (world leader in IT now a part of CGI Canada) • Computer Sciences Corporation • Perot Systems (Acquired by Dell) • Nationstar (4th largest mortgage servicer in the US) • Auction.com (Google Ventures) • MotoSport (Sequoia) Advances in computer technology have created the opportunity to bring true Artificial Intelligence to the consumer and commercial world.

World Economic & Sports Conference 2024


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