Fintech PR
Personnel changes in the Exyte management: Mark Garvey and Elena Bashkeeva are welcomed as new members of the Executive Board
- High-tech industry expert Mark Garvey is new Segment CEO for Exyte’s Global Business Unit Advanced Technology Facilities
- Elena Bashkeeva will become CFO at Exyte starting April 1st 2024 and will lead the Finance and Controlling functions as well as IT
STUTTGART, Germany, Feb. 5, 2024 /PRNewswire/ — The following personnel changes are taking place in the Executive Board of Exyte. Mark Garvey joined the Executive Board in December 2023. Elena Bashkeeva will join the Executive Board of the global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries in April 2024.
Mark Garvey has been appointed to the Executive Board of Exyte. As Segment CEO Advanced Technology Facilities, Garvey is responsible for the Global Business Unit Advanced Technology Facilities (ATF). In addition, he is responsible for the corporate functions Environment, Health and Safety, Operational Excellence, as well as Procurement and Subcontracting. His oversight responsibilities also include Exyte Operations in the regions USA, Continental Europe, as well as Northern Europe and Israel.
Exyte CEO Dr. Wolfgang Büchele states, “Mark Garvey is an expert within the global high-tech industries. He has played a crucial role in shaping the strategic development and success of Exyte in his previous roles. Under his leadership, the Global Business Unit Advanced Technology Facilities has progressively expanded its leading role in its markets. I look forward to further collaborate with him.”
Garvey says, “I appreciate the trust placed in me by the shareholders. I look forward to advancing the future of Exyte as a board member with the skilled and dedicated global Exyte team. Our company has promising business opportunities in all our target industries. Exyte has all the prerequisites to continue to be successful in the future and to implement top-notch and innovative solutions for our clients. I am thrilled to be part of the team that makes this exciting future happen.”
Garvey joined Exyte’s predecessor company, M+W Group, in 2015 as the CEO of the Asia Pacific region. In 2020, he took over as President of the Global Business Unit ATF which is the largest business unit of Exyte.
Elena Bashkeeva announced as CFO of Exyte
Effective April 1, 2024, Elena Bashkeeva will join the Executive Board of Exyte. As Chief Financial Officer (CFO), she will be responsible for the Finance and Controlling functions as well as IT. She will oversee the global corporate functions Accounting, Controlling, Tax and Treasury as well as IT in the future.
Georg Stumpf, majority shareholder and chairman of the supervisory board of Exyte, says, “With Elena Bashkeeva an experienced financial expert joins Exyte as CFO coming from General Electric. Throughout her career, she has achieved visible successes and contributed to the positive development of corporate values. In addition to her professional competencies, she impresses with her open and constructive nature, as well as her modern leadership approach.”
Exyte-CEO Büchele says, “I look forward to working with Elena Bashkeeva and warmly welcome her on behalf of the Exyte management. With her broad expertise acquired at an internationally operating corporation, she will provide important impulses for the further development of Exyte. Together with the Exyte team, we will successfully advance the company in the future.”
Elena Bashkeeva says, “I am excited to join Exyte as CFO, and be part of its dynamic development. Exyte’s strategic positioning presents a prime opportunity to capitalize on the growth opportunities in its target markets. Recognizing the pivotal role of a robust and experience-rich Finance function, I am committed to work together to strengthen Exyte’s competitiveness, drive sustained profitable growth, and contribute to continued success of Exyte in the future.”
Elena Bashkeeva is transitioning to Exyte from General Electric (GE), where she currently serves as the CFO of the GE Steam Power business unit. She started her career at Ernst & Young’s auditing and consulting division. Subsequently, she joined GE, where she advanced through progressive finance management roles within GE’s Energy, Healthcare and Corporate divisions. Her experience encompasses corporate finance, risk management, strategic planning, financial analysis, controlling and audit.
Group CEO and Chairman Dr. Wolfgang Büchele retains responsibility for the Corporate Functions Communications and Investor Relations, Compliance, Human Resources, Internal Audit, Legal and Insurance, Opportunity and Risk Management as well as Strategy and M&A. Furthermore, he continues to oversee the Regional Areas Southeast Asia and Northeast Asia, as well as the Global Business Units Biopharma and Life Sciences as well as Data Centers.
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Fintech PR
Amrop, a Leading Global Executive Search and Leadership Consulting Firm, Announces New Office in Japan
BRUSSELS, Jan. 10, 2025 /PRNewswire/ — Amrop, a leading global executive search and leadership consulting firm, appoints JOMON Associates as its new team in Tokyo, marking the group’s re-entry in the Japanese market and adding significant coverage in the Asia Pacific region.
Led by Naohiro Furuta, CEO, JOMON Associates is Japan’s premier leadership advisory firm, offering services in senior Executive Search, Board & Corporate Governance Consulting, Leadership Assessment and Executive Coaching.
With 13 consultants and a team of 30 employees, the firm serves more than 200 companies, constituting about one-third of Japan’s major companies and representing Japan’s key industry sectors, including Industrial & Automotive, Chemicals & Materials, Consumer & Retail, Pharmaceuticals & Healthcare, Finance & Insurance, IT and Telecommunications.
The firm’s deep connection to the local Japanese market is matched by its unsurpassed reputation for quality and its innovative approach to executive search. By offering personalized leadership advisory and board services in addition to its acclaimed recruitment solutions, JOMON Associates is well-positioned to support companies in their quest for transformative leaders.
“Japan is a significant market for executive search and leadership consulting, and we are delighted welcome JOMON Associates to our global team,” says Annika Farin, Chair of the global Amrop Partnership. “We are now able to directly serve multinational companies operating in Japan as well as Japanese companies that are redefining boundaries as they follow their global or regional expansion strategies. Together with JOMON’s uncompromised quality approach and top market positioning, we can be instrumental in assisting these companies with the recruitment of their executive teams and attracting the best talent in new markets. “
“JOMON Associates shares our values and our ambition to continuing serving clients in the premium segment of the market. We feel naturally close to our new partners in Japan and are also proud to announce that Naohiro Furuta will immediately join our Board to help us drive the future of Amrop’s global partnership,” Farin added.
Naohiro Furuta, CEO JOMON Associates, added, “We are very pleased to announce that we have joined the global Amrop Partnership. As the global business environment becomes increasingly complex, the demand for strong and visionary leadership is higher than ever. Japanese companies are also strongly seeking talent to drive innovation and international competitiveness. Through our partnership with Amrop, we will provide our clients with valuable services that combine global insights and local expertise, making a significant impact on the domestic market and contributing to the international success of our clients.”
Amrop’s new Tokyo office is located at Tokyo Toranomon Global Square, 13th Floor, 1-3-1 Toranomon, Minato-ku, Tokyo. The addition of Japan office reinforces the group’s presence in the region, with teams in China, South Korea, India and Australia.
About Amrop
Amrop is a global leadership consulting firm, offering retained executive search, Board and leadership advisory services. We advise the world’s most dynamic, agile organizations on identifying and positioning Leaders For What’s Next – adept at working across borders, in markets around the world. Established in 1977, Amrop operates in Asia, EMEA and the Americas across 69 offices in 57 countries.
Media Contact:
The Amrop Partnership SC
Rue Abbé Cuypers 3
1040 Brussels, Belgium
T. +32 471 733 825
E. [email protected]
Brigitte Arhold, COO
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View original content:https://www.prnewswire.co.uk/news-releases/amrop-a-leading-global-executive-search-and-leadership-consulting-firm-announces-new-office-in-japan-302347193.html
Fintech PR
Ultima Markets Wins “Best APAC CFD Broker 2024” Award, Setting New Standards in the Trading Industry
HONG KONG, Jan. 10, 2025 /PRNewswire/ — Ultima Markets celebrated a landmark evening for the financial trading industry as the Traders Fair concluded in grand style. This globally recognised event brought traders, investors, and experts to celebrate excellence together. Ultima Markets has been honoured with the “Best APAC CFD Broker 2024” award, a testament to its leadership in delivering innovative trading solutions, exceptional customer service, and diverse product offering.
Ultima Markets captivated the crowd at its interactive booth, spotlighting its state-of-the-art trading platform and extensive portfolio of financial products. Visitors were drawn by the engaging exhibits and the buzz of the Bitcoin Valuation Challenge—a unique opportunity for attendees to showcase their market expertise in a lively and competitive setting. Winners celebrated with exclusive Ultima Markets merchandise, leaving a lasting impression of the company’s innovative and client-focused spirit.
Reflecting on the recognition, Jack Li, Regional Business Director at Ultima Markets, stated: “This award is more than an accolade; it reflects our dedication to empowering traders through cutting-edge solutions and exceptional service. Engaging directly with our clients, creating enjoyable experiences, and building lasting connections are the driving forces behind our pursuit of excellence.”
In a rapidly evolving financial landscape, Ultima Markets remains steadfast in its mission to lead the industry. The company continues to redefine trading excellence by delivering personalised strategies and introducing innovative tools that open new frontiers in trading, ensuring clients achieve their financial aspirations with confidence.
About Ultima Markets
Ultima Markets is a fully licensed broker and a multi-asset trading platform offering access to 250+ CFD financial instruments, including Forex, Commodities, Indices and Shares. We guarantee tight spreads and fast execution. We have now served clients from 172 countries and regions with our trustworthy services and well-built trading systems.
Ultima Markets has achieved remarkable recognition in 2024, winning prestigious awards such as the Best Affiliates Brokerage, Best Fund Safety in Global Forex Awards, and the Best APAC CFD broker in Traders Fair 2024 Hong Kong. As the first CFD broker to join the United Nations Global Compact, Ultima Markets underscores its commitment to sustainability and the missions to advance ethical financial services and contribute to a sustainable future.
To learn more about Ultima Markets, please visit our website, Facebook, X, Instagram, LinkedIn and YouTube.
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View original content:https://www.prnewswire.co.uk/news-releases/ultima-markets-wins-best-apac-cfd-broker-2024-award-setting-new-standards-in-the-trading-industry-302347790.html
DUBAI, UAE, Jan. 10, 2025 /PRNewswire/ — Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in the MENAP region. The Bank’s fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets.
Jingle Pay has redefined the fintech space with its proprietary AI-powered tech stack already processing over 2 million transactions and facilitating over $1 billion in international money transfers in 2024, saving customers over $6 million in fees. Jingle Pay was recently awarded the top global fintech for remittances into Pakistan.
Jingle Pay has solidified its position as a high-growth fintech leader in the MENAP region, supported by prestigious investors, including MoneyGram, G42-backed Applied AI, and prominent U.S. venture capital firms known for backing global fintech giants like N26 and PayPal, Jingle Pay continues to disrupt the industry. Bank Alfalah’s equity investment and appointment to Jingle Pay’s Board signal a robust partnership aimed at driving growth and innovation. This collaboration leverages Bank Alfalah’s extensive infrastructure to amplify Jingle Pay’s impact on cross-border payments and digital banking, advancing its ambitious vision for the MENAP region.
Jingle Pay provides innovative services, including multi-currency accounts, instant money transfers via the world’s first remittance marketplace, card payments, and last-mile payouts across 150+ corridors in 99+ currencies. Additionally, its Remittance-as-a-Service solution enables banks, FinTech’s, and non-financial institutions to facilitate seamless international money transfers.
Jingle Pay plans to launch its digital banking services in Pakistan in Q1 2025 as a branchless banking mobile app targeting to bring seamless and inclusive financial services to the country’s largely unbanked population. Jingle Pay will leverage Bank Alfalah’s infrastructure to bring seamless banking solutions to millions of customers. The partnership will create synergies in cross-border payments strengthened by shareholder MoneyGram.
As Pakistan’s 5th largest remittance partner, Jingle Pay plays a crucial role in driving global financial flows that contribute significantly to the country’s GDP. Establishing local presence in Pakistan will strengthen its partnership and cross-border capabilities, further cementing Jingle Pay’s position as a leader in the remittance ecosystem.
Leadership Remarks
Farooq A. Khan, Group Head – Corporate, Investment Banking and International Business of Bank Alfalah, emphasized: “This acquisition is a milestone in our journey to lead the digital banking revolution. By combining Jingle Pay’s innovative platform with Bank Alfalah’s resources, we aim to redefine cross-border financial services and deliver exceptional value to millions of users.”
Amir Fardghassemi, Founder and CEO of Jingle Pay, said: “Partnering with Bank Alfalah empowers us to scale our vision of inclusive finance. Together, we aim to enrich the digital economy and create transformative cross-border financial solutions.”
The collaboration also enhances Bank Alfalah’s role in the global Payments ecosystem, strengthening its position as a leader in cross-border financial flows and delivering unparalleled value to customers in the MENAP and beyond.
About Bank Alfalah
Bank Alfalah is a leading commercial bank in Pakistan, with over 1,000 branches across 200 cities and an international presence in the UAE, Bahrain, and Afghanistan. Its heritage and prominence extend over 25 successful years, highlighted by achievements that reflect exponential growth in the country’s financial sector.
The Bank offers various products and services to private-sector institutions and governments, including corporate and investment banking, consumer banking, securities brokerage, commercial, small and medium enterprises, agricultural, Islamic, and asset financing.
The Bank has established itself as a premier digital bank by introducing various features on its banking app, such as Alfamall, Buy Now Pay Later, and Term Deposit Receipts. It has also launched Pakistan’s first digital lifestyle branch.
About Jingle Pay
Jingle Pay, a UAE born fintech, is the MENAP region’s leading and fastest-growing fintech, specializing in cross-border money transfers licensed by Dubai Financial Services Authority (DFSA). Jingle Pay operates in the UAE, Bahrain, and Pakistan, offering cutting-edge financial services. Backed by global financial institutions like MoneyGram, Bank Alfalah, top-tier U.S. and international venture capital firms that have backed PayPal and N26, as well as G42 backed, Applied AI.
The company provides a wide array of solutions, including Remittance-as-a-Service for financial institutions, enabling seamless global payouts across 150+ corridors and 99+ currencies. Additionally, Jingle Pay operates a B2C app for retail customers, facilitating card payments and international money transfers focused on driving financial inclusion and leveraging AI to redefine cross border payments.
CONTACT: Jingle Pay, [email protected], +971 4 547 7778
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View original content:https://www.prnewswire.co.uk/news-releases/bank-alfalah-acquires-strategic-stake-in-uae-fintech-jingle-pay-302347236.html
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