His goal is to consolidate SIBS Romania's position as a preferred partner for payments and to simplify the daily life of users in Romania and the region, by offering innovative, safe and reliable payment services.

Hugo Araujo has 20 years of experience in the payments market, and recently held the position of General Manager of SIBS International.

“I’m delighted to assume SIBS Romania leadership aware of all the challenges we have ahead of us. I’m sure all the experience I have gained during my 20 year career in the payments sector will be of great value for SIBS Romania business development. The company counts with the most valuable asset a company can have, its team, which achieved great successes. I’m sure that, together, we will achieve much more in order to offer to the Romanian and CEE region market the most innovative, secure and reliable payment methods”, says Hugo Araujo, SIBS Romania CEO.

Under the new leadership, the company plans to continue developing the existing payment services portfolio, but also to invest in creating and implementing new digital solutions, based on SIBS 'top capabilities and technologies, offering customized solutions for each partner, both from banking and retail area.