Alpha FX Group appoints Matt Knowles to its Board as Independent Director

– UK, London – Alpha FX Group plc (LON:AFX), a UK-based foreign exchange service provider working for corporates and institutions, today announced the appointment of Matt Knowles to the Board as an independent non-executive director with immediate effect.

Morgan Tillbrook, Chief Executive Officer of Alpha FX said: “Matt is a great addition to our Board and I’m looking forward to working with him. He not only understands our industry and its dynamics, but also has valuable experience leading a rapidly growing company domestically and internationally.”

About Matt Knowles

Matt has significant industry expertise having spent 19 years at HiFX, a business providing international payment services to both consumer and corporate clients. Matt co-founded HiFX in 1998 and during his tenure as CEO, led the business through an MBO and a number of acquisitions before its sale in 2014 to Nasdaq listed Euronet Inc. He continued in his role as CEO post sale until February 2017, overseeing its digital transformation and identifying, acquiring and integrating in July 2015. As a result of the company’s growth, at the time of his departure from HiFX Matt was responsible for approximately 400 employees across 6 offices internationally.

Upon appointment, Matt will become a member of the Company’s Remuneration Committee and Audit Committee.

About Alpha FX Group plc

Alpha is a founder led, UK-based foreign exchange service provider focused on managing exchange rate risk for UK corporates and institutions that trade internationally. The Company’s primary client base consists of businesses and institutions across the UK and Europe that have a requirement to convert currency for a commercial purpose, such as buying or selling goods and services overseas, repatriating profits, or expatriating payroll. Since it was incorporated in 2010, Alpha has been able to build and retain a high-quality client base.

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