REG - Finseta PLC - Appointment of CFO

FinsetaAnnouncement

20/02/2026 07:00

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RNS Number : 7432T  Finseta PLC  20 February 2026

Certain information contained within this announcement is deemed by the
Company to constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon
publication of this announcement, this information is now considered to be in
the public domain.

 

20 February 2026

 

Finseta plc

("Finseta", the "Company" or the "Group")

 

Appointment of CFO

 

Finseta (AIM: FIN), a foreign exchange and payments solutions company offering
multi-currency accounts to businesses and individuals through its proprietary
technology platform, is pleased to announce the appointment of Andrew Richards
as permanent Chief Financial Officer ("CFO") and an Executive Director of the
Company with immediate effect.

 

Andrew has been serving as Interim CFO of the Company since 6 February 2026
and brings 25 years' experience, primarily within the financial services and
insurance industries. He spent 12 years with Chesnara plc (LSE: CSN), a life
insurance and pensions consolidator operating in the UK, the Netherlands and
Sweden. This included 11 years as Group Financial Controller with
responsibility for Chesnara's financial reporting and audit processes and
supporting M&A activity across multiple jurisdictions. He also held the
role of CFO of Countrywide Assured plc, the principal operating subsidiary of
Chesnara in the UK, for nine years, where he oversaw all financial aspects of
strategy and financial management. Prior to joining Chesnara, Andrew was a
Senior Manager within the Financial Services practice of Deloitte, where he
had begun his career. Andrew is a Chartered Accountant.

 

Further information in accordance with Rule 17 and paragraph (g) of Schedule
Two of the AIM Rules for Companies is set out at the end of this announcement.

 

Gareth Edwards, Chairman of Finseta, said: "I am delighted to welcome Andrew
to the Board of Finseta as CFO. He has made a great start as Interim CFO and
we are very pleased to be making this position permanent. He brings experience
in leading finance functions in regulated industries and overseeing the
financial reporting for a multi-jurisdictional UK-listed business. We look
forward to benefiting from Andrew's expertise as we continue to grow and
execute on our strategy."

 

Andrew Richards, CFO of Finseta, added: "I am delighted to be joining Finseta
at such an exciting time. The business has been transformed over the last
couple of years and has established the foundations for accelerated growth
going forward. I am excited to be working with such a dynamic team to deliver
our ambition."

 

 

Enquiries

 

 Finseta plc                                     +44 (0)203 971 4865
 James Hickman, Chief Executive Officer

 Shore Capital (Nominated Adviser and Broker)    +44 (0)207 408 4090
 Daniel Bush, Tom Knibbs

 Gracechurch Group (Financial PR)                +44 (0)204 582 3500
 Harry Chathli, Claire Norbury

 

About Finseta plc

 

Finseta plc (AIM: FIN) is a foreign exchange and payments company offering
multi-currency accounts and payment solutions to businesses and individuals.
Headquartered in the City of London, Finseta combines a proprietary technology
platform with a high level of personalised service to support clients with
payments in over 165 countries in 150 currencies. With a track record of over
15 years, Finseta has the expertise, experience and expanding global partner
network to be able to execute complex cross-border payments. It is fully
regulated, through its wholly-owned subsidiaries, by the Financial Conduct
Authority as an Electronic Money Institution; by the Financial Transactions
and Reports Analysis Centre of Canada as a Money Services Business; and by the
Dubai Financial Services Authority under a Category 3D licence.
www.finseta.com
(https://protect.checkpoint.com/v2/r02/___http:/www.finseta.com___.YXAxZTpzaG9yZWNhcDpjOm86YjE1OTNmMWI1NmE4OTExZTRhYWYxODBhNDYzMjNjMzY6NzpkZmIwOjMzNGI4NTc5NjJkMzdlMWFkYmU5NDFiMTE4ZmRmNzQ1YzE5ZDJhYTFmYjc1OWY5ZTc1OTYxZTc3MTI1NDhlOGU6cDpGOk4)

 

Regulatory Disclosures

 

In accordance with Schedule 2(g) of the AIM Rules, Andrew James Richards, aged
48, holds or has held in the past 5 years the following directorships and
partnerships:

 

 Current directorships and/or partnerships  Former directorships and/or partnerships (within the last five years)
 -                                          Countrywide Assured PLC
                                            CASLP Ltd
                                            CASFS Ltd

 

Andrew Richards currently has no beneficial interest in the ordinary shares of
Finseta. There is no further information required to be disclosed in respect
of the above appointment pursuant to Rule 17 and Schedule 2(g) of the AIM
Rules for Companies.

 

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