06 December 2016
Visit aciworldwide.com

Tungsten recruits industry veteran Rick Hurwitz to run Americas

01 April 2014  |  2674 views  |  0 Source: Tungsten

Tungsten Corporation plc (LSE:TUNG) is pleased to give an update to the market.

Further to our announcement last week, the UK's Prudential Regulation Authority has accepted as complete the formal change of control request to finalise the acquisition of FIBI Bank (UK) Plc (the "Bank") and has initiated the formal 60 business day period for assessment and approval. The Board remains hopeful of having the required approval to commence the Bank's operations by the end of May 2014. The Bank is now moving into the new Tungsten Group headquarters in Pountney Hill House, Laurence Pountney Hill, London, EC4R 0BL.

To bolster our resources in Financing, we have hired senior personnel as follows:
• Chief Operating Officer, Financing
• Head of Financing Operations
• Head of Credit Analytics
• Head of Compliance

We have also attracted the significant talents of Rick Hurwitz to lead Tungsten's overall efforts in the Americas. Rick recently sold his stake in Pictometry, having helped build that technology business over the last decade, and previously founded Bancorp Services and Bridge Information Systems. He is joined by Peter Schiff-Smith, former Director at Citibank Treasury and Trade Solutions, to complement Paul Frederick and the Atlanta-based team.
Results for the full year to 30th April 2014 will be announced in July.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit contisgroup.comVisit VocaLink.comVisit capgemini.com

Who is commenting?

A Finextra member Finextra Member Commented on: Guesswork alone can cr...
A Finextra member Finextra Member Commented on: Guesswork alone can cr...
A Finextra member Finextra Member Commented on: Guesswork alone can cr...
A Finextra member Finextra Member Commented on: Guesswork alone can cr...

Top topics

Most viewed Most shared
Guesswork alone can crack Visa card security - Newcastle UniversityGuesswork alone can crack Visa card securi...
6912 views 12 comments | 15 tweets | 26 linkedin
OCC to offer fintech firms bank charter statusOCC to offer fintech firms bank charter st...
6454 views comments | 23 tweets | 15 linkedin
Bank CEOs fret about ROI as startups drive IT arms raceBank CEOs fret about ROI as startups drive...
6222 views comments | 17 tweets | 21 linkedin
Amazon signs up tech firms to financial services cloud programmeAmazon signs up tech firms to financial se...
6066 views comments | 14 tweets | 15 linkedin
China tops world fintech rankingsChina tops world fintech rankings
5456 views comments | 33 tweets | 29 linkedin

Featured job

to Six-Figure Base, Commission, Benefits
London, UK

Find your next job