Afex appoints Richard Verasamy CFO

Afex, one of the world's largest non-bank providers of global payment and risk management solutions announced today the appointment of Richard Verasamy as Chief Financial Officer.

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Richard has spent the last 20 years in various senior finance positions within the financial services industry. Before joining AFEX, Richard was the Chief Financial Officer and Chief Risk Officer for Jameson Bank, a Canadian owned Schedule 1 Bank that specializes in commercial foreign exchange services. Prior to this, Richard held various roles with Travelex including CFO of the Americas and subsequently the Global Finance Director for Travelex's Commercial FX Division.

"We're delighted with Richard's appointment and his understanding of the FOREX industry will be a great asset to AFEX, especially at such an exciting time," said AFEX Chief Executive Officer, Jan Vlietstra.  "We have recently launched operations in Italy and Israel and look forward to Richard's support in both of these regions as well as with other upcoming global business opportunities."

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