4 Jan 2013 12:00
4 January 2013
Appointment of Chief Financial Officer and Board Director
Monitise (LSE: MONI) ("Monitise" or the "Company") the technology and services company delivering mobile banking, payments and commerce networks worldwide is pleased to announce the appointment of Brad Petzer as Chief Financial Officer and Executive Director. Brad Petzer's appointment will take effect from 1 April 2013. This follows a search process undertaken following John Brougham's retirement in October 2012.
Brad joins Monitise from Telecity Group plc, Europe's industry-leading provider of premium carrier-neutral data centres, a FTSE 250 company, where he held the position of Group Financial Controller. In his role at Telecity over the last eight years, Brad has supported the business through its successful Main Market listing on LSE and subsequent period of rapid organic and inorganic growth, and taken responsibility for reporting, planning, policies, risk and control for the group. Prior to joining Telecity Brad held senior finance roles at Create Services, an online credit card provider which is part of Lloyds Banking Group, and other technology and payments companies. He is a qualified Chartered Accountant.
Alastair Lukies, Monitise Group Chief Executive, said: "It gives me great pleasure to welcome Brad to Monitise. He brings with him a wealth of experience in the technology and financial services related industries, a track record in helping bring Telecity Group plc to a Main Market LSE listing, and will be a valuable addition to our leadership team as we continue to grow the business."
Bradley Mark Petzer is aged 39, has an interest in 17,857 ordinary shares in the Company, and is a director of Maxmi Limited and Browse Networks (Pty) Limited.
There are no further disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of the appointment.
About Monitise
Monitise plc (LSE: MONI) is a leading technology and services company that delivers mobile banking, payments, and commerce networks worldwide. Monitise enables financial institutions and other payments companies to defend and extend their market position by protecting their existing customer relationships and transactions while enabling new forms of mobile commerce revenue.
Monitise powers bank-grade solutions that are delivered on premise, or via cloud services. The value of payments and transfers initiated via Monitise's technology platform is more than US$25bn on an annualised basis. Monitise has a global reach and unique set of partners and clients using its completely adaptable platform. More information is available at www.monitise.com
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