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REG - Alfa Financial Soft - Appointment of Independent Non-Executive Director

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RNS Number : 7204Q  Alfa Financial Software Hldgs PLC  03 June 2024

3 June 2024

Alfa Financial Software Holdings PLC

("Alfa" or the "Company")

Appointment of Independent Non-Executive Director

 

Alfa Financial Software Holdings PLC ("Alfa" or the "Company"), the leading
developer of mission-critical software for the asset finance industry,
announces that Reena Raichura will join the Board as an independent,
Non-Executive Director on 3 June 2024.

Reena is a senior executive and entrepreneur with a distinguished background
in financial services technology and product management.  She is the founder
of Finergise, a boutique fintech advisory and consulting firm and serves as
strategic advisor to fintech companies of all sizes. During a successful
23-year international career, Reena has held senior product and technology
roles at leading financial services companies, including J.P. Morgan,
Fidessa, and most recently, fintech startup interop.io. Her deep expertise
spans the entire product development lifecycle, and she has extensive
knowledge of fintech and capital markets. Renowned for her work at the
intersection of business and technology, Reena has a proven track record of
driving business value through technological innovation and collaboration.

Upon joining the Board, Reena will join the Audit and Risk, Remuneration and
Nomination committees.

Commenting on the appointment, Andrew Page, Chairman of Alfa, said:

"On behalf of the Board, I look forward to welcoming Reena to Alfa. She joins
Alfa at an exciting time with the launch of Alfa Systems 6 and her extensive
fintech product development experience will be invaluable as we further extend
our leading position in the asset finance software market".

There are no further disclosures required in respect of this appointment
pursuant to paragraph 9.6.13 of the Financial Conduct Authority's Listing
Rules.

 

Enquiries

 Alfa Financial Software Holdings PLC      +44 (0)20 7588 1800

 Andrew Denton, Chief Executive Officer

 Duncan Magrath, Chief Financial Officer

 Andrew Page, Executive Chairman

 Teneo                                     +44 (0)20 7353 4200

 James Macey White

 Victoria Boxall

 

Notes to Editors

Alfa has been delivering software systems and services to the global asset and
automotive finance industry since 1990.  Our agile methodologies and
specialised knowledge of asset and automotive finance enables the delivery of
large software implementations and highly complex business change projects.
With an excellent delivery track record now into its fourth decade, Alfa's
experience and performance is unrivalled in the industry.

 

Alfa Systems, our class-leading technology platform, is at the heart of some
of the world's largest asset and automotive finance companies. Alfa Systems
supports both retail and corporate business for auto, equipment, wholesale and
dealer finance on a multijurisdictional basis, including leases/loans,
originations and servicing. A cloud-native, end-to-end solution with
integrated workflow and automated processing using business rules, Alfa
Systems provides compelling solutions to asset finance companies.

 

Alfa Systems is currently live in 37 countries.  Alfa has offices in Europe,
Australasia and North America.  For more information,
visit www.alfasystems.com (http://www.alfasystems.com/) .

 

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