Earthport PLC Appointment of Alexander Filshie as CFO (6500V)
July 25 2018 - 2:01AM
UK Regulatory
TIDMEPO
RNS Number : 6500V
Earthport PLC
25 July 2018
25 July 2018
Earthport Plc
("Earthport" or the "Company")
Appointment of Alexander Filshie as Chief Financial Officer at
Earthport
Alexander Filshie has been appointed as Chief Financial Officer
Designate at Earthport plc (AIM: EPO.L) with immediate effect.
Alexander will also join the Board as an Executive Director,
subject to regulatory approvals.
Alexander brings over 25 years of experience as a senior finance
executive to Earthport. His career has encompassed leadership
positions including Chief Financial Officer at CLS Group, the
world's core foreign exchange (FX) settlement system. CLS handles
USD 1.55 trillion a day, over half of the world's FX volume. Prior
to his tenure at CLS, Alexander was CFO and Head of Strategy,
Africa and Middle East, at Barclays Bank. He has also held a number
of senior positions at American Express International Inc.
Alexander has a track-record in financial planning, reporting,
treasury, taxation, regulatory governance, capital raisings,
acquisitions and restructurings. He has also delivered turnaround
strategies for underperforming businesses, executed cost reduction
and headcount restructuring whilst supporting revenue growth and
improved profitability.
He is a Fellow at the Institute of Chartered Accountants and
also a member of Association of Corporate Treasurers.
Amanda Mesler, CEO of Earthport, said: "Alexander has an
exceptional understanding of the currency and payment industries,
coupled with deep knowledge of financial management at the most
senior level at financial services and technology companies. He has
an impressive track record in executing complex financial controls
which will help take Earthport to the next level of growth."
Alexander Filshie, CFO of Earthport, said: "Having previously
worked for infrastructure providers, banks and payments companies,
I have seen the inefficiencies of the cross-border payments system
faced by customers from many sides. That's why I was attracted to
Earthport's mission of building an end-to-end payments network to
transform this complex system and give global commerce the
innovative and efficient payments network it needs. In an ever
globalising trade environment, Earthport has incredible growth
potential and I'm looking forward to helping to realise that
potential."
Alexander Filshie (age 51) has held the following directorships
and / or partnerships in the past five years:
Current directorships Past directorships
Britalia Racing Limited CLS UK Intermediate Holdings
Limited
Fundingxchange Limited CLS Services Limited
Ventigon Limited World First Markets Limited
Centtrip Limited World First Services Limited
World First UK Limited
Colleoli Owners Association
Limited
As at the date of this announcement Alexander Filshie does not
have any interest in any ordinary shares of the Company.
There is no further information to be disclosed in relation to
Alexander Filshie's appointment pursuant to AIM Rule 17 or
paragraph (g) of Schedule Two of the AIM Rules for Companies.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
For further information, please contact:
Earthport Plc 020 7220 9700
Amanda Mesler, Chief Executive Officer
Phil Hickman, Non-Executive Chairman
Newgate 020 7653 9848
Bob Huxford/James Ash
N+1 Singer (Nomad & Joint Broker) 020 7496 3000
Mark Taylor/James White
Shore Capital (Joint Broker) 020 7408 4090
Toby Gibbs/Stephane Auton
About Earthport
Earthport provides cross-border payment services to banks and
businesses. Through a single relationship with Earthport, clients
can seamlessly manage payments to almost any bank account in the
world, reducing costs and complexity to meet their customers'
evolving expectations of price, speed and transparency.
Earthport offers clients access to global payment capability in
200+ countries and territories, with local ACH options in 65+
countries and an evolving suite of currencies and settlement
options.
Earthport continues to invest in the establishment of in-country
bank partnerships across the world, bringing together its deep
market and regulatory expertise in order to maintain compliant and
commercially competitive services.
The result - a global payments network accessed via a single
relationship, delivering significant cost and operating
efficiencies for banks and businesses servicing high volumes of
lower value payments.
Headquartered in London with regional offices in New York,
Dubai, Miami and Singapore, Earthport is a public company, traded
on the London Stock Exchange (AIM: EPO).
Please visit www.earthport.com for more information.
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END
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