People moves: PayPoint, Morgan Stanley, Barclays and more

PayPoint’s CEO Dominic Taylor to step down

UK-based in-store payment services provider PayPoint has announced the resignation of Dominic Taylor as CEO and director of the board, effective April 1. Taylor joined the company in 1997 and held the role of CEO since August 1998. Prior to working at PayPoint, he held various roles at Vodafone Group as well as Granada. He will be replaced by Patrick Headon, who will also join the board, from March 1. Headon has previously worked at companies including FMCG, Wolseley UK, eBay, and Diageo.

“It has been an honour to lead PayPoint for some 21 years, from a small start up to the scale and capability of the public company it is today,” said Taylor, in a press release. “It has been an enormous privilege to work with the many talented and committed people in the PayPoint team and I am very grateful to have enjoyed their support, alongside that of our retailers and clients, in building a unique and successful business providing important services to consumers.”

Lloyds Bank hires Morgan Stanley banker Chalmers as CFO

The UK’s Lloyds Bank has confirmed the appointment of William Chalmers as chief financial officer, with effect from June this year, subject to regulatory approval the bank announced on February 15. Chalmers is set to replace George Culmer, who announced his resignation after seven years in the role. Chalmers is currently co-heading Morgan Stanley’s Global Financial Institutions Group. Prior to this, he worked at JP Morgan.

Speaking to Reuters, Chalmers said: “I very much look forward to joining the executive team at Lloyds Banking Group. It is a tremendous company that is going through an impressive transformation. I look forward to getting started and making a contribution.”

Bango strengthens team for high growth with ex Nokia executive

Cambridge-based mobile payment company Bango has confirmed the recruitment of Paul Larbey to the newly created role of chief operating officer, the company announced on February 20. Larbey will be responsible for the operations, customer delivery and customer success teams as well as scaling the newly-launched Bango Marketplace product.

Larbey has held executive roles including chief executive officer at Velocix, where he is currently a non-executive director.

“I have seen Bango gain increasing momentum with its unique data driven approach to delivering payments at scale,” said Larbey in a press release. “The recent application of Bango technology to improve the effectiveness of app developers’ digital marketing through enabling payment providers to safely monetize their data opens huge opportunities for growth. With a strong technology base and an experienced team, Bango is in a unique position to capture this new opportunity.”

Lone Fønss Schrøder Appointed CEO of Concordium

Switzerland-headquartered blockchain network developer Concordium has appointed Lone Fønss Schrøder CEO. The announcement was made on February 18 in Zug. Schrøder holds a decade of experience in senior management within fintech markets, and enters the CEO role after serving on Concordium’s advisory board. Previously, she held numerous C-suite roles, including positions at AP Møller – Mærsk for 22 years, and CEO at Wallenius for five years. She is a co-founder of Cashworks, and also serves as chairman of Nustay, vice chairman of Volvo Cars and is a member of Ikea’s board of directors.

Crypto Exchange ErisX appoints three new executives from Barclays, YouTube and CBOE

Chicago-based crypto exchange ErisX announced the appointment of three new executives to fill the company’s board from Barclays, Youtube and Chicago Board Options Exchange (CBOE) on February 7. Robert Thrash will be joining as chief operating officer from Barclays Investment Bank, where he served as managing director for 12 months. Arnold Connell will be joining from Youtube as head of infrastructure reporting to ErisX’s head of technology Tony Acuña-Rohter. John Denza will come aboard as the firm’s business development executive, with extensive experience in fintech and exchange sector. He has most recently worked at Pico Quantitative Trading as head of US sales and has spent 10 years at BATS Global Markets/CBOE.

Circle’s Stablecoin pitchman joins blockchain startup Celo

San Francisco-headquartered digital blockchain startup Celo announced on February 6 that it had appointed Chuck Kimble as its new head for the department of strategic partnerships. Kimble joins the firm from Circle, where he was the head of partnerships. In his new role, he will help Celo to bring better financial products to emerging markets and under-served populations around the world.

Celo founder Rene Reinsberg said: “Chuck brings a ton of business development and digital payments experience to Celo and he’ll play an instrumental role in encouraging the development and scaling of products globally, Chuck is highly respected in the financial tech industry and he understands how digital payment services can help people and families with no access to financial services.”

Hedera Hashgraph names Lionel Chocron as chief product officer

Texas-based blockchain firm Hedera Hashgraph named Lionel Chocron as chief product officer on February 6. Chocron joins Hedera from Oracle, where he was vice president of industry and emerging technology.

Hedera has also appointed Atul Mahamuni as senior vice president of products and Nigel Clark as senior vice president of partners and industries.

Hedera’s co-founder and CEO Mance Harmon said in the release: “Hedera’s mission is to build the industry’s first enterprise-grade platform. Lionel has deep expertise in understanding the needs of enterprises, incubating solutions, and bringing them to market through appropriate channels to drive adoption. We are thrilled to have Lionel, Atul, and Nigel on board as we continue our rollout of a platform designed to be robust enough to run the most mission-critical applications.”

Appointment of Michel-Alain Proch as Ingenico Group chief financial officer

On February 4, Europe-based payment solutions provider, Ingenico Group announced the appointment of Michel-Alain Proch as chief financial officer. Proch brings over 25 years of experience in finance, strategy, integration, and transformation to the company. He most recently held the role of SEVP & group chief digital officer at Atos. He’ll replace Nathalie Lomon, who has been a part of the company for nine years, and held the role of CFO for four.

Nicolas Huss, Ingenico’s CEO said: “I am delighted to welcome Michel-Alain to Ingenico. His strong track record as CFO will be critical to the success of our transformation. I would like to warmly thank Nathalie Lomon for the support she brought to the group over the past nine years and her strong involvement in the growth and the transformation of Ingenico”.

Mastercard names Paul Stoddart president of new payment platforms

On February 5, Mastercard announced Paul Stoddart as president of new payment platforms, effective March 1. In this role, he will oversee the development and strategic integration of Mastercard’s real-time payments capabilities beyond traditional card-based solutions, including Vocalink account-based payments, the Homesend joint venture and Mastercard Send. He succeeds David Yates, who is elevated into a senior advisory role focused on real-time national and cross-border payments strategies.

In a press release, Michael Miebach, chief product officer said: “Paul’s industry experience and deep immersion in the business makes him the ideal choice to drive the growth of our account- based payment activities. In his role as CEO of Vocalink, he has created momentum across the business, renewing relationships with key customers and expanding our infrastructure activities to new markets. We’ll now build on that foundation to deliver the technology and support needed for an expanded world of payments.”

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