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CAB Payments Holdings Plc - London-based payment processing and foreign exchange company - Receives regulatory approval for Neeraj Kapur to take over as chief executive officer from Bhairav Trivedi. Trivedi to remain shareholder and senior adviser to the board. Kapur also appointed as CEO and executive director of CAB group member Crown Agents Bank Ltd.
Kapur says: ‘The success of the business to date has been impressive and I am now looking forward to working with my executive team to ensure CAB Payments takes advantage of the unique growth opportunity ahead of it, executing our strategy and delivering our purpose to parts of the world where it is much needed.’
Current share price: 127.20 pence
12-month change:down 58%
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