Embattled Finablr appoints former Network International exec as CEO - Arabianbusiness

Embattled Finablr appoints former Network International exec as CEO - Arabianbusiness:

Finablr, the embattled owner of foreign-exchange businesses including Travelex Holdings, has appointed former Network International CEO Bhairav Trivedi as CEO.

In a statement, Finablr said that Trivedi – who was replaced at Network International in January 2017 – will take on the role with immediate effect.

“He [Trivedi] is an experienced business professional with over 25 years’ senior management experience in strategy, sales, marketing, business development and operations in the financial services sector,” said Michael Tomalin, co-chairman of Finablr and chairman of the nomination committee.

Tomalin added that Trivedi has “deep domain expertise in emerging technologies and payments with a special focus on the consumer payment and remittance industry.”