20th Feb 2026 07:00
Certain information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon publication of this announcement, this information is now considered to be in the public domain.
20 February 2026
Finseta plc
("Finseta", the "Company" or the "Group")
Appointment of CFO
Finseta (AIM: FIN), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, is pleased to announce the appointment of Andrew Richards as permanent Chief Financial Officer ("CFO") and an Executive Director of the Company with immediate effect.
Andrew has been serving as Interim CFO of the Company since 6 February 2026 and brings 25 years' experience, primarily within the financial services and insurance industries. He spent 12 years with Chesnara plc (LSE: CSN), a life insurance and pensions consolidator operating in the UK, the Netherlands and Sweden. This included 11 years as Group Financial Controller with responsibility for Chesnara's financial reporting and audit processes and supporting M&A activity across multiple jurisdictions. He also held the role of CFO of Countrywide Assured plc, the principal operating subsidiary of Chesnara in the UK, for nine years, where he oversaw all financial aspects of strategy and financial management. Prior to joining Chesnara, Andrew was a Senior Manager within the Financial Services practice of Deloitte, where he had begun his career. Andrew is a Chartered Accountant.
Further information in accordance with Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies is set out at the end of this announcement.
Gareth Edwards, Chairman of Finseta, said: "I am delighted to welcome Andrew to the Board of Finseta as CFO. He has made a great start as Interim CFO and we are very pleased to be making this position permanent. He brings experience in leading finance functions in regulated industries and overseeing the financial reporting for a multi-jurisdictional UK-listed business. We look forward to benefiting from Andrew's expertise as we continue to grow and execute on our strategy."
Andrew Richards, CFO of Finseta, added: "I am delighted to be joining Finseta at such an exciting time. The business has been transformed over the last couple of years and has established the foundations for accelerated growth going forward. I am excited to be working with such a dynamic team to deliver our ambition."
Enquiries
Finseta plc | +44 (0)203 971 4865 |
James Hickman, Chief Executive Officer
| |
Shore Capital (Nominated Adviser and Broker) | +44 (0)207 408 4090 |
Daniel Bush, Tom Knibbs | |
Gracechurch Group (Financial PR) | +44 (0)204 582 3500 |
Harry Chathli, Claire Norbury |
About Finseta plc
Finseta plc (AIM: FIN) is a foreign exchange and payments company offering multi-currency accounts and payment solutions to businesses and individuals. Headquartered in the City of London, Finseta combines a proprietary technology platform with a high level of personalised service to support clients with payments in over 165 countries in 150 currencies. With a track record of over 15 years, Finseta has the expertise, experience and expanding global partner network to be able to execute complex cross-border payments. It is fully regulated, through its wholly-owned subsidiaries, by the Financial Conduct Authority as an Electronic Money Institution; by the Financial Transactions and Reports Analysis Centre of Canada as a Money Services Business; and by the Dubai Financial Services Authority under a Category 3D licence. www.finseta.com
Regulatory Disclosures
In accordance with Schedule 2(g) of the AIM Rules, Andrew James Richards, aged 48, holds or has held in the past 5 years the following directorships and partnerships:
Current directorships and/or partnerships | Former directorships and/or partnerships (within the last five years) |
- | Countrywide Assured PLC |
| CASLP Ltd |
| CASFS Ltd |
Andrew Richards currently has no beneficial interest in the ordinary shares of Finseta. There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies.
Related Shares:
Finseta