Tintra taps Abdul Sajid for CFO

IT services company Tintra has appointed Abdul Sajid as chief financial officer as part of an effort to enable the next stage of the group's progress.

Sajid, which currently holds the role of CFO at the UAE-based holding company that indirectly controls the largest shareholding in Tintra, has served in senior roles in several companies across various sectors including mutual funds, real estate, construction, financial advice and investment management. Most recently, he led the team dealing with the review of the group's existing payment services business.

Tintra said on Monday that Sajid will continue his role as CFO of Tintra Holdings alongside his new position at the company, splitting his time between the UK and the UAE.

Chief executive Richard Shearer said: "I have worked hand in glove with Sajid for a long time both in his role in TH and before in other ventures together.

"He has been instrumental in assisting the rest of the team rationalise the outdated process and procedures we adopted, and I am delighted that he will step into the Company in an interim position as we continue the transition process into a world-beating Artificial Intelligence-driven RegTech provider."

As of 0835 GMT, Tintra shares were up 1.90% at 53.50p.