SafeCharge Appoints Ali Khwaja as Chief Financial Officer

According to a regulatory filing made by SafeCharge, the company is appointing Ali Khwaja, its former Chief Executive of SafeCharge Card Services and Executive Vice-President as Chief Financial Officer, effective immediately.

Commenting on the new CFO appointment, SafeCharge's Chairman, Roger Withers, said, “Ali brings strong financial and investor relations experience from his previous roles with, among others, Berenberg and UBS. As we move into a new phase of development as a listed business, I have every confidence in Ali's ability oversee the Group's finances, M&A strategy and lead engagement with its financial stakeholders.”

In addition, the firm is announcing a restructuring of its board of directors with former CFO Tim Mickley joining as Group Business Development Director.

“Tim has been instrumental in the company's success as a public company, guiding it through its very successful IPO last year. His new role as Group Business Development Director will deploy his significant corporate development and investment banking experience to focus on new acquisitions, products and markets for the Group,” Mr Withers said in the announcement.

Mr. Khwaja, is a Certified Financial Analyst and has worked at SafeCharge since February 2015. He joined the company from Berenberg Bank where he worked as a financial technology analyst, where he specialized in Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term. He has over a decade of experience in the financial markets and technology sector.

According to the 2013 Extel Thomson Reuters survey, he was ranked the Top 3 Technology Analyst in Europe. The survey was conducted based on votes from managements of European technology companies.

Prior to Berenberg, Mr. Khwaja worked as a Technology Analyst at UBS. He will retain his role in managing the Card Services division.