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Richard Bangyay

Smiling man in business attire against a plain white background.

Board Member

Richard Bangyay is a resilient and visionary leader with over 30 years of experience navigating high-stakes regulatory environments and delivering innovative digital solutions. As the Founder and CEO of Ascend Aegis Corporation, he leverages a unique intersection of financial strategy, global infrastructure management, and self-taught technology engineering to revolutionize AI-driven healthcare.


Strategic Strengths & Experience

Richard’s career is defined by his ability to lead multidisciplinary teams through the entire lifecycle of mission-critical projects. His diverse background includes:

  • System Architecture & AI: Designing complex tools for sleep scoring based on American Academy of Sleep Medicine (AASM) standards.
  • Financial Stewardship: Managing high-net-worth portfolios exceeding $300 million and leading successful pre-seed fundraising initiatives.
  • Global Operations: Directing international infrastructure and residential projects across Switzerland, Gabon, and Mauritius.
  • Tech Entrepreneurship: Pioneering and successfully exiting "LifeForce," a tablet-based insurance application, and developing peer-to-peer payment systems.


Resilience & Professional Evolution

True leadership is often forged through adversity, and Richard’s professional journey includes a pivotal period of transformation. Following a highly publicized regulatory challenge in the financial sector more than a decade ago that resulted in a permanent ban from the MFDA, Richard chose to turn a significant career setback into a catalyst for growth.

Rather than stepping away, he pivoted toward self-taught technology engineering and global problem-solving. This "comeback" is rooted in a commitment to transparency and a relentless pursuit of innovation outside of traditional legacy systems. His transition from portfolio management to Med-Tech architecture reflects a refined focus on creating tools that provide measurable, ethical value to the healthcare industry.


Current Mission: Ascend Aegis

Today, Richard is dedicated to deploying the Aegis AI Sleep Scoring tool. His mission is to empower national sleep centers with data-driven insights, ensuring that his legacy is defined not by the obstacles of the past but by the life-saving potential of AI in modern medicine.

"Richard excels at leading multidisciplinary teams to move mission-critical projects from conceptual stages to functional deployment."

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Ascend Aegis Corporation

95 Mural Street, Richmond Hill, Ontario, Canada L4B 3G2

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