Stuart Neal assumed the position of Chief Government Officer on the funds agency Boku (AIM: BOKU) on 1 January, the corporate confirmed at the moment (Friday). He’s now anticipated to hitch the corporate’s Board of Administrators on 17 January.
The appointment didn’t come as a shock, because the UK-based firm named Neal because the designated CEO in July final yr. His appointment got here as Jon Prideaux, who led the corporate for the earlier 5 years, retired from the apex position. Following his retirement, Prideaux continues to sit down on Boku’s Board in a non-executive capability.
Boku affords cell fee options to companies as its choices embrace a mobile-first funds community, together with cell wallets, direct provider billing, and account-to-account/real-time fee schemes. Based on the corporate, it has over 7.5 billion cell fee accounts.
Within the first half of 2023, the income of the corporate soared 26 % to succeed in $38.2 million. Nevertheless, the online revenue nosedived from $28 million to $2.3 million.
Former CFO Takes Over as CEO
Alongside together with his position at Boku, Neal can also be a Non-Government Chairman at Loopin, a UK-based software program startup, in keeping with his LinkedIn profile.
Neal shouldn’t be a brand new recruit at Boku. Beforehand, he spent 5 years on the London-listed funds firm, as he joined because the Chief Monetary Officer in June 2017 after which turned the Normal Supervisor of Identification after a few years. He was moreover appointed to the position of CFO at Boku between November 2011 and October 2014.
He additional served because the Chief Business Officer on the Pay by Financial institution app between his two earlier tenures at Boku.
He began his profession in early 2022 as a Monetary Director at Virgin Media (beforehand NTL Dwelling South). Later, he joined Barclaycard because the Business Director of International Fee Acceptance after which turned the appearing Normal Supervisor of International Fee Acceptance for a short interval of ten months earlier than his departure.
Stuart Neal assumed the position of Chief Government Officer on the funds agency Boku (AIM: BOKU) on 1 January, the corporate confirmed at the moment (Friday). He’s now anticipated to hitch the corporate’s Board of Administrators on 17 January.
The appointment didn’t come as a shock, because the UK-based firm named Neal because the designated CEO in July final yr. His appointment got here as Jon Prideaux, who led the corporate for the earlier 5 years, retired from the apex position. Following his retirement, Prideaux continues to sit down on Boku’s Board in a non-executive capability.
Boku affords cell fee options to companies as its choices embrace a mobile-first funds community, together with cell wallets, direct provider billing, and account-to-account/real-time fee schemes. Based on the corporate, it has over 7.5 billion cell fee accounts.
Within the first half of 2023, the income of the corporate soared 26 % to succeed in $38.2 million. Nevertheless, the online revenue nosedived from $28 million to $2.3 million.
Former CFO Takes Over as CEO
Alongside together with his position at Boku, Neal can also be a Non-Government Chairman at Loopin, a UK-based software program startup, in keeping with his LinkedIn profile.
Neal shouldn’t be a brand new recruit at Boku. Beforehand, he spent 5 years on the London-listed funds firm, as he joined because the Chief Monetary Officer in June 2017 after which turned the Normal Supervisor of Identification after a few years. He was moreover appointed to the position of CFO at Boku between November 2011 and October 2014.
He additional served because the Chief Business Officer on the Pay by Financial institution app between his two earlier tenures at Boku.
He began his profession in early 2022 as a Monetary Director at Virgin Media (beforehand NTL Dwelling South). Later, he joined Barclaycard because the Business Director of International Fee Acceptance after which turned the appearing Normal Supervisor of International Fee Acceptance for a short interval of ten months earlier than his departure.
