Appointment of new Chief Executive Officer
Updated : 07:12
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014.
1st April 2020
Finablr PLC (the 'Company')
Appointment of new Chief Executive Officer
The Company is pleased to announce that Mr Bhairav Trivedi accepted his nomination to join the Board as Chief Executive Officer with immediate effect. Bhairav joined the Company on 10 March 2020.
Michael Tomalin, Co-Chairman of the Company and Chairman of the Nomination Committee, commented, "I am delighted that Bhairav has joined the Board of Directors. He is an experienced business professional with over 25 years senior management experience in strategy, sales, marketing, business development and operations in the financial services sector, with deep domain expertise in emerging technologies and payments with a special focus on the consumer payment and remittance industry."
There are no further disclosures to be made pursuant to Listing Rule 9.6.13.
As announced on 16th March 2020, the effective resignation date of Promoth Manghat as outgoing Chief Executive is now effected on the appointment of Bhairav Trivedi.
The Company also announces that Rahul Pai, Chief Financial Officer, has resigned but has agreed to support Bhairav Trivedi until a successor is identified.
END
Enquiries
The Company
Finablr PLC
Robert Moorhouse, Group Company Secretary +44 7825 213767
Ryan Ayache, Head of Investor Relations +971 2 3073 176
For more information, visit the Finablr website: www.finablr.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.