Mike Fromant is set to take Skipton-based Contis Group, provider of online banking and prepaid card technologies and services, to the next level following his promotion to managing director.
With nearly four decades of experience in the banking and consumer finance industry, Mike Fromant is well placed to drive the company forward as a major player in the card payments sector. He boasts a track record of success and achievement with sector leaders including the launch of the first ever cashback card in the UK with GE Rewards and managing the take on of 20 new clients in 7 years for TSYS.
His elevation from general manager follows the recent launch of Contis Group's £2million investment programme to position the company at the forefront of developments in payment processing, including advancements in cloud computing and SMART phone technology.
Said Mike: "It is exhilarating to be handed the reins of the company during such an exciting time. The prepaid industry is really flourishing - with predictions of a boom expected to continue until at least 2017, and I will seize this opportunity to drive Contis forward as a global leader within the sector."
Contis is the only true end-to-end service provider in the prepaid card industry, providing leading edge payments technology commissioned by banks, retailers and financial services giants. Contis Group, a full supplier of Visa prepaid card solutions across the UK and EU, comprises Contis Card Solutions, Contis Collections, Contis Technologies India and GTP Solutions.