Finseta has appointed Andrew Richards as its new permanent chief financial officer (CFO).

He joined the foreign exchange and payments solutions company as interim CFO on 6 February, bringing more than 25 years of experience, primarily within the financial services and insurance industries.

Richards spent 12 years with Chesnara, with 11 years as group financial controller. He also held the role of CFO at Countrywide Assured, which is the principal operating subsidiary of Chesnara in the UK, for nine years.

Prior to Chesnara, he was a senior manager within the financial services practice of Deloitte, where he began his career.

Chairman at Finseta, Gareth Edwards, stated: "I am delighted to welcome Andrew to the board of Finseta as CFO. He has made a great start as interim CFO and we are very pleased to be making this position permanent.

"He brings experience in leading finance functions in regulated industries and overseeing the financial reporting for a multi-jurisdictional UK-listed business. We look forward to benefiting from Andrew's expertise as we continue to grow and execute on our strategy."

Richards concluded: "I am delighted to be joining Finseta at such an exciting time. The business has been transformed over the last couple of years and has established the foundations for accelerated growth going forward. I am excited to be working with such a dynamic team to deliver our ambition."

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