Bango PLC New CFO Appointment and Board Changes (5819Q)
01 March 2021 - 6:00PM
UK Regulatory
TIDMBGO
RNS Number : 5819Q
Bango PLC
01 March 2021
1 March 2021
BANGO PLC
("Bango")
New CFO Appointment and Board Changes
Bango (AIM: BGO), the data driven commerce company, today
announces that Carolyn Rand has stepped down from the Board and
Chief Financial Officer role. Bango is pleased to announce the
appointment of Matthew ("Matt") Jonathan Garner as Chief Financial
Officer, who joins the Board of Directors with immediate
effect.
Carolyn joined Bango as interim CFO in October 2018 and joined
the Board as full-time CFO in January 2019. Carolyn will remain
with Bango over the coming year as a consultant, ensuring a smooth
and orderly transition to Matt Garner.
Matt Garner, who is an Associate of the Chartered Institute of
Management Accountants, joins Bango from Global Invacom, a global
leader in satellite communications technology, where he held the
role of Chief Financial Officer for seven years. During his time at
Global Invacom, Matt oversaw the successful IPO of the business on
AIM and the continuing listing on the mainboard in Singapore. He
also drove the acquisition and integration of five companies during
his time at Global Invacom.
Paul Larbey, CEO of Bango commented: "I am excited to welcome
Matt Garner to Bango. Matt brings a wealth of international
experience managing hi-tech businesses, which will help shape the
next phase of Bango's growth. I would like to thank to Carolyn for
all her hard work at Bango. She leaves the Board following a strong
2020 that saw Bango deliver 70% growth and record
profitability."
Matt Garner, newly appointed CFO of Bango commented: "I am
thrilled to join the talented team at Bango, at a time when so many
growth opportunities lie ahead. The Bango virtuous circle strategy,
where payment volumes drive payment insights - and vice versa - is
compelling and the Bango vision of becoming the technology behind
every payment choice is irresistible."
Bango will announce its Full Year 2020 results on 16 March
2021.
Further information:
Matthew Jonathan Garner (aged 56) has held the following
directorships or partnerships in the past five years:*
Previous directorships or partnerships
Global Invacom Group Limited
Global Invacom Manufacturing Pte Ltd
OnePath Networks Limited
OnePath Networks Inc
Satellite Acquisition Corporation
Raven Antenna Systems Inc
Raven Group Limited
Raven UK Holdings Limited
Global Invacom Japan KK
Radiance Cayman Limited
Radiance Cayman Limited Hong Kong
*At the time of his appointment, Matthew Garner did not hold any
current directorships or partnerships
Matt Garner has confirmed that, other than the information
disclosed above, there is no further information in connection with
his appointment required to be disclosed under Schedule Two,
paragraph (g) of the AIM Rules for Companies.
Contact Details:
Bango PLC FTI Consulting Liberum Capital (Nomad
and Broker)
Tel. +44 1223 617 387 Tel. +44 203 727 1000 Tel. +44 20 3100 2000
Paul Larbey, CEO Rob Mindell Cameron Duncan
Ray Anderson, Exec Darius Alexander James Greenwood
Chair Matteo Valli Ed Phillips
Matt Garner, CFO Will King
Anil Malhotra, CMO
About Bango
Online businesses join the Bango ecosystem where merchants and
payment providers converge, grow and thrive.
Being inside the Bango circle means global merchants including
Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ:
MSFT) are able to work together with payment partners from Africa
to the Americas, accelerating the performance of everyone. By
bringing these businesses together with unique data-driven
insights, Bango delivers new dimensions of growth and new
experiences for people around the world.
Bango. Be inside the circle. For more information, visit
www.bango.com .
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END
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