Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

OFX APPOINTS NEVILLE LACEY AS HEAD OF UKFOREX

Published by Gbaf News

Posted on January 28, 2016

Featured image for article about Top Stories

OzForex Group Limited (ASX:OFX), one of the world’s largest international payments providers, today announced the promotion of Neville Lacey to Head of the UK and Europe at UKForex, its UK subsidiary. Lacey has over 20 years’ experience in the FX industry, and has driven a number of high-performance teams. Prior to joining UKForex last year, he was the Head of Risk and Compliance at Global Reach Partners.

The UK is OFX’s second-largest market, and is critical to the company’s 24 hour “follow the sun” model of customer service. This gives OFX unique customer service capability in the overseas payments industry, enabling customers to speak to an expert and transfer money at any time, wherever they are in the world.

Today’s news comes less than six months after the announcement of the company’s Accelerate strategy, which seeks to double annual revenues to $200m by 2019. As part of the strategy, the company is launching a new global brand, OFX, which will be rolled out across all geographies in early 2016.

In his new role as Head of the UK and Europe, Lacey will be responsible for managing the London office, driving growth in Europe and guiding UKForex through its upcoming rebrand to OFX.

Richard Kimber, OFX CEO, said: “Neville is an excellent fit for this role, bringing a breadth of commercial experience which will be critical to deliver the UK’s important part in our Accelerate strategy. He also has deep compliance experience, which will continue to establish OFX in an industry-leading position regarding customer security. We are pleased to have a strong management team in place at this crucial time for the business.”

Lacey said: “I’m delighted to be taking on this position at a time when the company has such ambitious plans for growth. OFX has an excellent track record and tremendous potential, and I look forward to leading the London office through this period of positive change.”