REG - CAB Payments Hldgs - Board changes

Cab Payments HoldingsAnnouncement

29/04/2026 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260429:nRSc2995Ca&default-theme=true

RNS Number : 2995C  CAB Payments Holdings PLC  29 April 2026

29 April 2026

 

CAB Payments Holdings plc and its subsidiaries

("CAB", "CAB Payments", the "Group" or the "Company")

 

Board changes

 

Kushagra ('Kush') Saxena has informed the Board of Directors of the Company
(the 'Board') that he wishes to step down from his roles as Non-executive
Director of the Company and Non-executive Director of Crown Agents Bank
Limited in order to pursue an executive role at another organisation.

 

Kush's resignation will take effect following the Annual General Meeting this
afternoon and, as a result, the resolution relating to his formal election at
the 2026 Annual General Meeting will be withdrawn.

 

Kush has advised the Board and Management on a wide range of topics including
the Company's digital, technology and stablecoin strategies. The Board thanks
him for his valuable contributions and wishes him well for the future.

 

Following Kush's resignation, the Board will continue to consist of
individuals who bring diverse experiences and viewpoints across the FX,
Payments and Banking sectors and a shared commitment to strong governance,
with more than half of the Board comprising independent non-executive
directors.

 

Ann Cairns, Chair of CAB Payments said:

 

"Kush brought energy, expertise and insights to our Board. We thank him warmly
for his contributions and wish him every success in his new executive role."

 

This notification is made in accordance with UKLR 6.4.6R(2)

 

About CAB Payments:

 

CAB Payments, via its operating subsidiary Crown Agents Bank Limited, exists
to deliver prosperity to the markets we serve. With a network built over more
than 180 years, we connect the world's hardest-to-reach financial markets to
the global economy, moving money across 125 currencies and 800+ currency pairs
via API, digital platforms or bespoke solutions. Crown Agents Bank Limited is
one of the first banks to achieve B Corporation™ status and holds the
Platinum Sustainability Rating from EcoVadis, ranking within the top 1% of
companies assessed globally.

 

LEI 8945007OZHZDN4LW1G21

 

For further information, please contact:

 

 CAB Payments Holdings plc

 Gaurav Patel, Head of Investor Relations

 ir@cabpayments.com

 www.cabpayments.com

 FTI Consulting

 (Public Relations Adviser to CAB Payments)

 Edward Bridges                               +44 (0) 7768 216 607

 Katherine Bell                               +44 (0) 7976 870 961

 cabpayments@fticonsulting.com

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAUWVARNBUSUUR



            Copyright 2019 Regulatory News Service, all rights reserved