– UK, London – Earthport plc (AIM: EPO.L), the leading cross-border payment network, is pleased to announce that Dr Caroline Brown has agreed to join Earthport’s Board as a Non-executive Director.
Dr Brown is an experienced finance executive and Board member of listed companies. She currently chairs the audit committee of Luceco plc, an industrial technology business, which was admitted to trading on the Main Market of the London Stock Exchange in October 2016. She has also chaired the audit committees of WSP Group plc, Bridge Energy ASA and Intelligent Energy Holdings plc. She has held senior finance roles including at a division of a FTSE 100 company and more recently, AIM listed KBC Advanced Technologies plc. Dr Brown is a qualified accountant and has also worked in corporate finance at Merrill Lynch, UBS and HSBC.
Dr Brown holds a First Class degree and PhD in Natural Sciences from the University of Cambridge, a Masters of Business Administration from the Cass Business School and is a Fellow of the Chartered Institute of Management Accountants.
The appointment is subject to receipt of the standard regulatory approvals from the Financial Conduct Authority and HMRC.
Phil Hickman, Chairman of Earthport, commented: “I am delighted to welcome Caroline Brown as a member of our Board of Directors. Caroline brings a wealth of experience to Earthport, particularly her accounting and audit skills. She will complement the skillset of current Board members and I am confident that her broad background will substantively contribute to our success.”
Commenting on her appointment, Caroline Brown said: “I am looking forward to working with the highly talented team at Earthport in their mission to transform the world of cross-border payments and correspondent banking.”
Hank Uberoi, CEO of Earthport, commented: “Caroline is a great addition to our Board and I am looking forward to her counsel and advice in executing our strategy and achieving our potential.”
Earthport provides cross-border payment services to banks and businesses. Through a single relationship with Earthport, clients can seamlessly manage payments to almost any bank account in the world, reducing costs and complexity to meet their customers’ evolving expectations of price, speed and transparency.
Earthport offers clients access to global payment capability in 190+ countries and territories, with local ACH options in 60+ countries and an evolving suite of currencies and settlement options.
Earthport continues to invest in the establishment of in-country bank partnerships across the world, bringing together its deep market and regulatory expertise in order to maintain compliant and commercially competitive services.
The result – a global payments network accessed via a single relationship, delivering significant cost and operating efficiencies for banks and businesses servicing high volumes of lower value payments.
Headquartered in London with regional offices in New York, Dubai, Miami and Singapore, Earthport is a public company, traded on the London Stock Exchange (AIM: EPO) with an institutional investor base including World Bank IFC, Oppenheimer, Blackrock, Henderson.
For more information : http://www.earthport.com
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