- Change Financial (CCA) CEO Alastair Wilkie is retiring from the role by June 30 after four years at the company’s helm
- Change’s Chairman, Edward Grobler, thanked Mr Wilkie for his “dedication, leadership and contribution” to Change over his tenure
- Mr Wilkie has offered to remain as a director of the company following his retirement as CEO to facilitate a smooth and coordinated executive transition
- The board has now begun a search for its next CEO
- Change Financial is up 15.7 per cent, trading at 5.9 cents at 2:26 pm AEDT
Change Financial (CCA) CEO Alastair Wilkie has announced his retirement from the role by June 30 after four years at the company’s helm.
Mr Wilkie initially joined Change as a consultant in 2019 to assist with the completion of the company’s US issuer processor. He later took on the role of CEO to lead Change’s transformation into a global payments company, servicing more than 150 clients in over 40 countries.
Change’s Chairman, Edward Grobler, thanked Mr Wilkie for his “dedication, leadership and contribution” to Change over his tenure.
“During this period, Alastair has successfully led the business through a tremendous evolution,” Mr Grobler said.
“Alastair has played an instrumental role in developing the company’s strategic vision, and he has been pivotal in the strategic execution to date, ensuring that the key building blocks are in place for the transition to a software-as-a-service offering as well as the card-issuing capabilities in Oceania.”
Under Mr Wilkie’s leadership, Change completed a strategic acquisition in October 2020 that materially transformed the company’s product and service offering, helping it move from a US-centric payment processor to a global fintech.
Mr Wilkie has offered to remain as a director of the company following his retirement as CEO to facilitate a smooth and coordinated executive transition.
“I will look back with great pride at all the key milestones we have achieved as a business, including securing a number of material new clients and our financial services licenses in New Zealand and Australia,” Mr Wilkie said.
The board has now begun a search for its next CEO.
Change Financial was up 15.7 per cent and trading at 5.9 cents at 2:26 pm AEDT.