20th Jan 2015 08:49
LONDON (Alliance News) - Proxama PLC Tuesday said it has appointed a new group chief financial officer to develop the business across the UK and the US, as well as a chief executive of its newly formed payments division.
In a statement, the mobile commerce company said that John Kennedy, previously of insurer Aviva PLC, will become its CFO. He joins Proxama after most recently serving as divisional finance director at RAC Motoring Service.
Mike Woods, who founded Aconite Technology, the software business acquired by Proxama late last year, will lead the payments division.
"The next 18 months is critical in our development where we will see the integration of the Aconite business with our existing CardGateway payments business and expect to make significant headway in North America and Europe," Neil Garner, chief executive, said in a statement.
"We expect to further develop strategic partnerships for our consumer engagement activities with TapPoint where we believe we are very close to the tipping point for consumers using mobile proximity technologies," Garner added.
Both Kennedy and Woods will join the board of directors.
Proxama shares were untraded on Tuesday. The stock closed at 2.02 pence on Monday.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
AvivaProxama