Management Team

Hari Achuthan – Chairman


Hari Achuthan is the Founder and Chairman of ACO Investment Group and of Chairman Oxaio Networks. Prior to founding ACO and Oxaio Networks, Hari was a Director at Credit Suisse Asset Management in the Alternative Investment Group where he covered hedge fund, real estate and private equity strategies. Prior to this, he worked at Credit Suisse Securities (USA) LLC, where he led the group’s global pension strategy and transition management business. In 2009, Hari was selected as one of the emerging leaders at Credit Suisse Asset Management and named one of the “Rising Stars in Public Pensions” by Money Management Letter. During his tenure at Credit Suisse Securities (USA) LLC, the firm was consistently ranked as a top provider of pension strategies and transition management services. Hari has a B.S. in Applied Economics from Hofstra University.

He has volunteered with the Jacksonville Police Athletic League and is a frequent guest lecturer at Louisiana State University School of Business. Hari has also authored a series of papers on the transition management industry which have been published in Institutional Investor and Pensions and Investments.

Helge Raitanen – Vice Chairman and Board Member


Helge Raitanen is the Vice Chairman and a Board Member of Oxaio Networks. Mr. Raitanen is also the Founder and Chairman of QROi Limited, a company established in 2011 in Hong Kong. QROi Limited is currently providing full range, end to end services and technology solutions to Telecom Operators and all major Telecom Vendors in Asia Region.

Prior to the establishment of QROi Ltd and Oxaio Networks, Mr. Raitanen held the position as Group CTO at TeliaSonera Eurasia with responsibility for seven countries – Kazakhstan, Azerbaijan, Georgia, Moldova, Tajikistan, Uzbekistan and Nepal.

Mr. Raitanen has been working in Management and Executive positions with Telecom Operators and Vendors since 1989. Mr. Raitanen has a B.S. in Electronical Engineering.

Andy Lacy – Chief Executive Officer


Mr. Lacy is the Chief Executive Officer at Oxaio Networks. Prior to joining Oxaio Networks, Mr. Lacy was an Out Side Plant (OSP) Project Manager and a OSP Sales Director at QROi Limited, where he managed the development of the fiber business outside the MPT/KSGM-JO existing business, providing end-to-end customer support. His responsibilities were also planning and implementation of fiber connectivity solutions, managing customer requirements, coordinating installations, executing and serving as single point of contact for customers, providing direction and project ownership by leading the implementation.

Prior to working at QROi Limited, he worked at Ericsson South Africa as the Head of Field Service Operations (FSO), where he had successfully delivered the Vodacom Mini Link, City of Joburg Fiber, MTN Modernization, BTC Botswana Transmission upgrade, Airtel Gabon, and Movicell Senegal. In 2008, Mr. Lacy received an achievement reward for FSO Blue Print. The award was for the installation and commissioning of RBS equipment and field related services which later expanded its capabilities to offer managed services within the African market.

Mr. Lacy was the Civil Works Delivery Manager at Ericsson South Africa and Congo Brazzaville since 2007. Prior to this, he held positions such as: Project Manager of Plessey Uganda, Global Contract Manager, General Manager of Business Development, Corporate Account Executive, Regional Manager, Project Manager and Exchange Planner from 1986 through 2006. Mr. Lacy has a degree in Management Development Programme from Manchester University.

Todd Sandoz – Chief Financial Officer


Todd Sandoz is the CFO at ACO Investment Group and Oxaio Networks. Prior to joining Oxaio Networks, Mr. Sandoz was the Global Head of Global Equities, Execution Services and Instinet at Nomura. His responsibilities included Prime Services, Electronic Trading, Futures and Options and OTC Clearing as well as Fin Tech investments. Todd brings a wealth of expertise and global market insight to ACO Investment Group’s portfolio companies, many of which are experiencing strong growth. Mr. Sandoz joined Nomura from Credit Suisse, where he spent 17 years, while there, he was Head of Global Foreign Exchange and Short-Term Interest Rates.

From 2005 to 2011, Mr. Sandoz was responsible for ECM Syndicate globally and was heavily involved CS's ECM activities. Prior to that, he held a number of senior positions in Equities, including Co-Head of Americas Equities, Global Head of Cash Equity Trading and Execution, and Head of Derivatives and Equity Trading in Asia Pacific. Over the years, Mr. Sandoz has been based in Hong Kong, London, and New York. Mr. Sandoz started his career as a Convertible Bond Trader at Citadel in 1993, and has a BA in economics from Yale University.

Office Locations

  • NEW YORK, USA
    475 Park Avenue South, 32nd Floor New York NY 10016
  • Phone: +1.212.683.0400
  • YANGON, MYANMAR
    25-B, Kanbawza Street, Bahan Township, Yangon, Myanmar
  • Phone: +95.1.513.027