eServGlobal Limited Appointment of Executive Chairman (6445K)
20 April 2015 - 4:00PM
UK Regulatory
TIDMESG
RNS Number : 6445K
eServGlobal Limited
20 April 2015
eServGlobal Limited (eServGlobal or the "Company")
Appointment of Executive Chairman
20 April 2015
eServGlobal (AIM:ESG & ASX:ESV) ), the provider of
end-to-end mobile financial services to emerging markets, announces
the appointment of John Conoley as Executive Chairman of the
Company.
John Conoley is based in the UK and has been a Non-executive
Director of the Company since April 2013. The Board believes that
it needs to provide executive support for Stephen Blundell (Chief
Operating Officer) and the management team.
John has been a successful CEO of a publicly listed company
(Psion plc.) and has established relationships with a number of
eServGlobal's major UK shareholders. John has significant
experience of operational and strategic leadership in the IT and
Telecommunications sector, particularly around direct and indirect
sales channels, change management and strategy development.
The Board believes that the combination of an Executive Chairman
and Chief Operating Officer is currently the appropriate leadership
team for the Company and will therefore be discontinuing its search
for a new Chief Executive Officer in 2015.
Duncan Lewis will continue to act as a Non-executive Director of
the Company.
For further information, please contact:
eServGlobal www.eservglobal.com
Tom Rowe, Company Secretary T: +61 2 8014 5050
investors@eservglobal.com
www.canaccordgenuity.com
Canaccord Genuity Limited (Nomad T: +44 (0) 20 7523 8000
and Broker)
Simon Bridges / Cameron Duncan
Charles Stanley Securities www.csysecurities.com
Dugald Carlean/Paul Brotherhood T: +44 (0) 20 7149 6000
Newgate Communications www.newgatecomms.com
Adam Lloyd / Jasper Randall T: +44 (0) 20 7653 9850
About eServGlobal
eServGlobal (AIM: ESG, ASX: ESV) offers mobile money solutions
which put feature-rich mobile financial services at the fingertips
of users worldwide, covering the full spectrum of mobile wallet,
mobile commerce, recharge, promotions and agent management
features. eServGlobal invests heavily in product development, using
carrier-grade, next-generation technology and aligning with the
requirements of more than 65 customers in over 50 countries.
eServGlobal also builds on its extensive experience in the telco
domain to offer a comprehensive suite of sophisticated, revenue
generating Value-Added Services to engage subscribers in a dynamic
manner. eServGlobal is partnering with MasterCard and BICS to build
the HomeSend joint venture, the market leading international
remittance hub service based on eServGlobal technology and enabling
mobile money transfer in over 50 markets. eServGlobal has been a
source of innovative solutions for mobile and financial service
providers for 30 years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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