SafeCharge’s CFO Ali Khwaja resigns from Board

SafeCharge International Group Ltd (LON:SCH), the international provider of electronic payments services, technologies and risk management solutions to the online trading and gaming industry, today announced a set of Board changes.

Ali Khwaja, Chief Financial Officer, has submitted his resignation from his position on the Board. Tim Mickley, former Chief Financial Officer and current Business Development Director, will take over the role with immediate effect. Mr Khwaja, who plans to resume his career in the City, will remain with SafeCharge until the New Year to ensure a smooth transition.

The company also announces that Yuval Ziv, Chief Operating Officer and Managing Director of SafeCharge Bulgaria, will join the Board as Group Chief Operating Officer from January 1, 2016. Mr Ziv joined SafeCharge in 2007 and has played a key role in the global expansion and development of the group’s client relations, technology and acquiring operations. He holds a BA in Economics (Business Administration) and an MA in Law.

SafeCharge’s Chairman, Roger Withers, said:

“I and the rest of the Board look forward to Yuval joining the Board. He brings with him a wealth of knowledge and experience of the payments industry and the SafeCharge group. We would also like to thank Ali for his contribution to the Company and wish him the best in his return to a career in the City. We are grateful to Tim for stepping back into his former role.

“The Board takes this opportunity to reiterate the outlook statement included within the Company’s interim results which highlighted continued strong performance. The Board remains very confident in achieving market expectations for the full year 2015.”

To view the official announcement from SafeCharge, click here.

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