Lomax joins direct debit outfit Sentenial as executive chairman

Lomax joins direct debit outfit Sentenial as executive chairman

Former Misys chief Kevin Lomax has joined Sentenial, a provider of Sepa-compliant direct debit processing services, as executive chairman.

Ireland-based Sentenial - which supplies direct debit processing services to the European corporate and banking markets - says Lomax "will enhance" its senior management team at a time of rapid expansion for the company.

"In a market that is beginning to take off, Kevin's experience and expertise of the domain, will be of immense benefit in developing the company to respond to the opportunity over the coming years," says Sentenial founder and CEO, Sean Fitzgerald.

Commenting on the company, Lomax says: "This is a crucial time for Sentenial. There is tremendous opportunity within the market and it is clear to me that the company has a suite of best-of-breed products that matches the needs of the modern European bank."

Lomax, who founded Misys in 1979, left the banking-to-healthcare provider in October last year after failing with a management buyout bid.

Last month Lomax joined UK software house Enigmatec Corporation as executive chairman after participating in the company's £6.25 million series c funding found.

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