Ex-Barclaycard exec appointed Concardis CFO

Source: Concardis

As of 1 October 2018, Carsten Höltkemeyer will become Chief Financial Officer (CFO) of Concardis Payment Group, thereby assuming responsibility for the financial aspects of the Group.

In addition to Group controlling and accounting, he will also head the risk management and treasury divisions. Höltkemeyer will focus his efforts in particular on the integration of portfolio companies within the Concardis Group and on the development of a common Group growth platform. The 50-year-old will succeed Mark Freese, who has served as the interim CFO for the Group since its founding in April 2018.

Carsten Höltkemeyer has over 20 years of experience in the financial sector. Most recently, for nearly a decade, he was responsible for the development of Barclaycard Deutschland, the German subsidiary of Barclays Bank PLC, as its CEO. Before joining Barclaycard, Höltkemeyer worked for the Royal Bank of Scotland (RBS). There, he managed the German division from 2007 to 2008 as CEO and headed the European retail division of RBS from 2004 to 2007. After he completed his degree in economic sciences, his first career stops included the auditing firm PricewaterhouseCoopers as well as Dresdner Bank.

‘Controlling the profitability of an international corporate group requires a solid foundation – in particular if it has as ambitious growth plans as the Concardis Group. I look forward to creating this foundation for Concardis Payment Group and to supporting Robert Hoffmann and the management team in their future investment decisions,’ says Höltkemeyer.

‘In Carsten Höltkemeyer, the Concardis Group has gained a proven financial expert with significant operating experience in the financial sector. I am really looking forward to working with him to driving the increasing dovetailing of the portfolio companies and the transformation of the Group to a true digital payment champion in German-speaking Europe,’ says Robert Hoffmann, CEO of Concardis Payment Group.

Today Concardis Payment Group comprises the portfolio companies Concardis GmbH, Cardtech GmbH, PCS GmbH, Simplepay GmbH, Ratepay GmbH and Mercury Processing Services International Ltd. A merger with Nets A/S – a market leader in digital payment services in northern Europe – was announced in June 2018 and is currently under review and subject to approval of the responsible antitrust authorities. Completion of the merger is expected in the fourth quarter of 2018. 

Comments: (0)