As part of CTL's European expansion strategy, Colum will be responsible for adding to CTL's existing client portfolio, developing new business opportunities and strengthening business alliances in Italy, Spain and the Benelux region.

With an extensive experience in card issuing and acquiring, Colum will focus on developing CTL's expanding portfolio of card payment systems, including solutions for Prepaid Cards and Interest-free Instalments, aimed at increasing consumer loyalty and merchant acquisition.

Colum benefits from 25 years experience and an in-depth knowledge of the European card payments industry. Prior to working at CTL, he worked for euroConex, S1 Corporation, and Experian UK Ltd. as Business Development Director overseeing the markets in Italy, Spain, Holland and Turkey.

Edith Kessler–Charalambous, General Manager Business Expansion, said, "The appointment of Colum as Regional Business Development Manager for Southern Europe demonstrates our strong commitment to the region and is an acknowledgement of our firm positioning in these evolving markets. CTL has a sophisticated product portfolio which targets market segments and fully supports business growth through cross border issuance and acquiring in any multi-country, multi-currency, multi-lingual and multi-institutional environment."