Vipera Regulatory News (VIP)

MOBILE BANKING SPECIALIST, VIPERA PLC, HIRES RICHARD GARNIER AS CMO, PROMOTES MAURO DUCA TO COO

London, England: Vipera Plc, the cutting edge provider of mobile financial services and digital customer engagement solutions, today announced two senior appointments to its executive management team as the company prepares to accelerate it's growth into 2015 and beyond.

"The two newly created positions of Chief Marketing Officer and Chief Operating Officer are pivotal to supporting our growth and delivering upon our ambitions to scale the Vipera business as part of our aggressive expansion plans for 2015-16." stated co founder and CEO Marco Casartelli.

The role of CMO will be filled by veteran FinTech executive Richard Garnier, who will lead Vipera's Sales & Marketing organisation and have overall responsibility for the groups revenue, go-to-market strategy and product marketing. Mauro Duca, currently CEO of Vipera group company Codd & Date, is appointed to the newly created position of Chief Operating Officer of Vipera Plc with overall responsibility for project fulfilment, service and operations. Duca will work closely with CTO and co-founder Silvano Maffeis, who will maintain his responsibility for technology, product development and innovation.

"Together Richard and Mauro bring decades of experience and track record to the Vipera business at this critical moment in the groups evolution and for that matter the evolution of the entire industry of financial mobility, payments and customer engagement. We now truly have the bench strength we need in our senior team to drive the business forward." commented Casartelli.

Garnier spent 12 years in various senior positions with the global financial technology corporation Thomson Reuters, most recently serving as Chairman for the Nordic region and Managing Director of the groups $400million Asset Management division. A veteran of five technology driven start ups including Internet Securities and Datamonitor, Garnier also served in various business development roles within the Financial Times Group and continues his work as board advisor to fin tech start ups and investors.

Duca has 25 years of experience in the ICT sector, 20 of those as an independent professional consultant specialising in ICT governance, project management, program management and business continuity. He has supervised many large scale and complex projectsfor top tier banks throughout Italy and Europe. In 2010 Duca cofounded and was appointed CEO of leading Italian digital consulting firm Codd & Date

Garnier commented "Vipera is a real innovator, bringing a highly differentiated set of capabilities to the mobile financial technology market, enhancing the user experience for a banks' customers whilst enabling the next generation digital business models for the banks themselves. World class partners, a top tier client base and an enviable execution track record position the company extraordinarily well in my view.."

"I am excited to extend my responsibilities to the overall Vipera group in my new role as COO,"says Mauro Duca. "I see opportunity to really leverage our technology, talent and platforms and make a real difference to our customers." he added.

The appointments take immediate effect and both positions report directly to Vipera CEO Marco Casartelli.

About the company

Vipera Plc (AIM:VIP) a cutting edge Mobile Financial Services and Digital Customer Engagement Solutions provider, serves financial institutions worldwide with differentiated mobile banking, card management and customer engagement capabilities based around its proprietary multi purpose platform, Motif. Headquartered in London and Milan, Vipera supports millions of end users financial applications for it's top tier bank customers worldwide.