SafeCharge International Group Ltd Appointment of CFO and Board Changes (5025J)
29 June 2017 - 4:01PM
UK Regulatory
TIDMSCH
RNS Number : 5025J
SafeCharge International Group Ltd
29 June 2017
SafeCharge International Group Limited
("SafeCharge", the "Group" or the "Company")
Appointment of Chief Financial Officer and Board Changes
SafeCharge (AIM: SCH), a leading payments technology company, is
pleased to announce that Tsach Einav has been appointed as Group
Chief Financial Officer effective from 1 September 2017, replacing
Tim Mickley, and Board member effective immediately. Tsach, aged
43, joined SafeCharge in 2006 as Chief Financial Officer and has
played a key role in SafeCharge's corporate development as well as
in the Group's admission to AIM in April 2014, alongside CEO David
Avgi. In his current management role, Tsach is General Manager of
the SafeCharge group's Israeli subsidiary. He is a certified public
accountant and he holds a BA in Economics and Accounting and MA in
Economics.
Tim Mickley, Chief Financial Officer, has given notice of his
intention to step down from the Board and will be leaving the
Company on 1 September 2017 to pursue new entrepreneurial
opportunities. Until his departure, Tim will remain with the
company to ensure an orderly transition.
Commenting on the appointment, SafeCharge's Chairman, Roger
Withers, said:
"I am delighted that Tsach is joining the SafeCharge Board at
this important time in the Company's development. He has
considerable experience within SafeCharge's business, strong
financial expertise and has been integral to the Group's successful
operations over many years. He has worked closely with Tim during
this time and therefore we are confident of a smooth
transition."
"On behalf of the Board, I would like to thank Tim for his
important contribution to SafeCharge and for supporting the Company
through its first three years as a public company; a period in
which we have seen the company develop significantly and revenues
treble. We wish him well in his future."
- Ends -
Enquiries
SafeCharge International
Group Limited
David Avgi
Tim Mickley
c/o Bell Pottinger +44 (0) 20 3772 2500
Shore Capital
Mark Percy
Toby Gibbs +44 (0) 20 7408 4090
Bell Pottinger
David Rydell
Joanna Davidson +44 (0) 20 3772 2500
Appendix - AIM Rule 17
The directorships / partnerships held by Tsach Einav in the
previous five years are:
Current Past
Safe Charge (Israel) Web Charge Limited
Limited
Credit Guard Limited
Einav Hi-Tec Assets
Limited
Einav Family Financial
Assets Limited
There are no other disclosures required relating to Mr. Einav's
appointment in accordance with Schedule 2(g) of the AIM Rules.
About Tsach Einav
Tsach, aged 43, joined SafeCharge in 2006 as Chief Financial
Officer and has played a key role in SafeCharge's corporate
development, as well as in the Group's admission to AIM in April
2014. In his current management role, Tsach is General Manager of
the SafeCharge group's Israeli subsidiary. Tsach has considerable
experience within SafeCharge's business and has played a pivotal
role in the Group's successful development over the years. Prior to
joining SafeCharge, Tsach held a managerial position at KPMG where
he spent over seven years in a variety of roles. Tsach is a
certified public accountant and he holds a BA in Economics and
Accounting and MA in Economics.
About SafeCharge
SafeCharge International Group Limited (LSE: SCH) is the payment
service partner for the world's most demanding businesses.
SafeCharge provides global omni--channel payments services from
card acquiring and issuance to payment processing and checkout, all
underpinned by advanced risk management solutions. This fully
featured proprietary payment platform connects directly to all
major payment card schemes including Visa, MasterCard, American
Express and Union Pay as well as over 150 local payment methods.
With offices around the world, SafeCharge serves a diversified,
blue chip client base and is a trusted payment partner for
customers across a range of vertical markets. The company has been
listed on the London Stock Exchange AIM market since 2014.
www.safecharge.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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