Finablr adds Bassam Hage to Board of Directors

Maria Nikolova

Bassam Hage has 40 years’ experience at Ernst & Young and is a newly appointed member of the Audit Committee of the International Monetary Fund (IMF) Washington.

Finablr PLC (LON:FIN), provider of cross-border payments, FX and payment technology has earlier today announced that Mr Bassam Hage has accepted his nomination to join the Board as independent Non-Executive Director. The appointment is effective August 19, 2019. Mr Hage will also join as a member of the Audit Committee.

Michael Tomalin, Co-Chairman of the Company and Chairman of the Nomination Committee, commented,

“I am delighted that Bassam has joined the Board of Directors. He brings multinational audit and financial experience to the Finablr Board. Bassam has 40 years’ experience at Ernst & Young and is a newly appointed member of the Audit Committee of International Monetary Fund (IMF) Washington effective from November 2019. He will be valuable to the Group’s further growth and development. This appointment demonstrates the Board’s commitment to further enhancing its composition both in terms of the skills and experience available as well as ensuring a balanced and diverse structure.”

Let’s recall that Finablr got listed on the London Stock Exchange on May 20, 2019.

Finablr is a global platform which provides Cross-Border Payments and Consumer Solutions, Consumer Foreign Exchange Solutions and B2B and Payment Technology Solutions to consumers and businesses in the large and growing payments and foreign exchange market. In the year ended December 31, 2018, Finablr processed more than 150 million transactions and the U.S. dollar equivalent of U.S.$114.5 billion in volumes.

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