eServGlobal Limited Resignation of Chief Executive Officer (1756G)
March 02 2015 - 1:01AM
UK Regulatory
TIDMESG
RNS Number : 1756G
eServGlobal Limited
02 March 2015
eServGlobal Limited (eServGlobal or the "Company")
Resignation of Chief Executive Officer
2 March 2015
eServGlobal (AIM:ESG & ASX:ESV), the provider of end-to-end
mobile financial services to emerging markets, announces that Paolo
Montessori, the Chief Executive Officer and Managing Director of
eServGlobal Limited, is stepping down with immediate effect. The
Board thanks Mr Montessori for his contribution during his time
with eServGlobal and wishes him well for the future.
The Board has initiated a search for a successor to Mr
Montessori from a global executive search company.
Stephen Blundell, Chief Operating Officer and board member, will
assume overall executive responsibility for the company until Mr
Montessori's successor has been appointed. Mr Blundell will report
to the Chairman and to the Board.
The Board has appointed Stephen Baldwin to be Deputy Chairman.
Mr Baldwin, an existing board member, is resident in Australia and
in particular, will be responsible for our relationships with our
Australian shareholders.
For further information, please contact:
eServGlobal www.eservglobal.com
Duncan Lewis (Chairman) T: +44 78 36 70 16 00
Stephen Baldwin (Deputy T: +61 41 18 51 18 3
Chairman)
www.canaccordgenuity.com
Canaccord Genuity Limited T: +44 (0) 20 7523 8000
(Nomad and Broker)
Simon Bridges / Cameron
Duncan / Brendan Gulston
Charles Stanley Securities www.csysecurities.com
Dugald Carlean/Paul Brotherhood T: +44 (0) 20 7149 6000
Newgate Communications www.newgatecomms.com
Adam Lloyd / Jasper Randall T: +44 (0) 20 7653 9850
About eServGlobal
eServGlobal (AIM: ESG, ASX: ESV) offers mobile money solutions
which put feature-rich mobile financial services at the fingertips
of users worldwide, covering the full spectrum of mobile wallet,
mobile commerce, recharge, promotions and agent management
features. eServGlobal invests heavily in product development, using
carrier-grade, next-generation technology and aligning with the
requirements of more than 65 customers in over 50 countries.
eServGlobal also builds on its extensive experience in the telco
domain to offer a comprehensive suite of sophisticated, revenue
generating Value-Added Services to engage subscribers in a dynamic
manner. eServGlobal is partnering with MasterCard and BICS to build
the HomeSend joint venture, the market leading international
remittance hub service based on eServGlobal technology and enabling
mobile money transfer in over 50 markets. eServGlobal has been a
source of innovative solutions for mobile and financial service
providers for 30 years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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