Finseta plc (LON:FIN), a foreign exchange and payments solutions company, announced today the appointment of Andrew Richards as interim Chief Financial Officer (CFO) with immediate effect.

Mr Richards brings 25 years’ experience, primarily within the financial services and insurance industries. He joins Finseta after spending 12 years with Chesnara plc (LON:CSN), a life insurance and pensions consolidator operating in the UK, the Netherlands and Sweden. This includes 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, Mr Richards was a Senior Manager within the Financial Services practice of Deloitte, where he had begun his career. Andrew is a Chartered Accountant.

Judy Happe will work with Andrew Richards over the coming weeks to ensure an orderly handover of responsibilities.

The Board has made progress in its search for a permanent CFO to join the Board.