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Appointment of Interim CFO

24 Feb 2022 15:54

RNS Number : 7625C
Wise PLC
24 February 2022
 

RNS RESUBMITTED - CORRECTION FOR CATEGORISATION OF ANNOUNCEMENT

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

Wise plc

24 February 2022

 

 

Appointment of Interim Chief Financial Officer

 

Matthew Briers, Chief Financial Officer (CFO) for Wise plc ("Wise"), was recently involved in a bicycle accident and is now recovering at home. To ensure Matthew's recovery is complete, his return to work will be gradual.

 

Kingsley Kemish, currently Wise's Finance Director, will report directly to Kristo Käärmann (Wise co-founder and CEO) in the role of Interim CFO for Wise until Matthew's recovery and return to work are complete.

 

Kristo Käärmann said: "We all wish Matt a speedy recovery and my thanks go to Kingsley for stepping into this interim role. Kingsley's experience and knowledge of Wise will provide continuity for us as we continue to grow and deliver on our mission."

 

Enquiries

Martin Adams - Head of Owner Relations

martin.adams@wise.com

 

Sana Rahman - Public Relations Lead

press@wise.com

 

Brunswick Group

Charles Pretzlik / Sarah West / Samantha Chiene

Wise@brunswickgroup.com

+44 (0) 20 7404 5959

 

About Wise

Wise is a global technology company, building the best way to move money around the world. With the Wise account people and businesses can hold over 50 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new cross-border payments network that will one day power money without borders for everyone, everywhere. However you use the platform, Wise is on a mission to make your life easier and save you money. Co-founded by Kristo Käärmann and Taavet Hinrikus, Wise launched in 2011 under its original name TransferWise.

It is one of the world's fastest growing profitable tech companies and is listed on the London Stock Exchange under the ticker, WISE. 12 million people and businesses use Wise, which processes over £6 billion in cross-border transactions every month, saving customers over £1 billion a year.

 

FORWARD LOOKING DISCLOSURE DISCLAIMER

This announcement may include forward-looking statements, which are based on current expectations and projections about future events. These statements may include, without limitation, any statements preceded by, followed by or including words such as "target", "believe", "expect", "aim", "intend", "may", "anticipate", "estimate", "plan", "project", "will", "can have", "likely", "should", "would", "could" and any other words and terms of similar meaning or the negative thereof. These forward-looking statements are subject to risks, uncertainties and assumptions about Wise and its subsidiaries. In light of these risks, uncertainties and assumptions, the events in the forward-looking statements may not occur. Past performance cannot be relied upon as a guide to future performance and should not be taken as a representation that trends or activities underlying past performance will continue in the future. No representation or warranty is made or will be made that any forward-looking statement will come to pass. The forward-looking statements in this announcement speak only as at the date of this announcement.

 

Wise expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statements contained in this announcement and disclaims any obligation to update its view of any risks or uncertainties described herein or to publicly announce the results of any revisions to the forward-looking statements made in this announcement, whether as a result of new information, future developments or otherwise, except as required by law

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