Equals Group sees departure of director Ajay Chowdhury
LSE-AIM listed e-banking and international payments firm Equals Group plc has announced that at the company’s General Meeting held earlier today, all resolutions put to shareholders were voted on the basis of a poll of shareholders votes and were duly passed.
Equals (formerly FairFX) also announced that Ajay Chowdhury has decided to step down from his position as a Non-Executive Director of the company with immediate effect to pursue other business interests.
Ajay Chowdhury is Managing Director and Partner at BCG Digital Ventures. BCG Digital Ventures is an innovation, product development, venture and commercialization firm, set up by the Boston Consulting Group. He also serves as Non Executive Chairman of Cambridge Enterprise, part of the University of Cambridge, involved in achieving knowledge transfer and research impact.
Alan Hughes, Non-Executive Chairman of Equals, commented:
“On behalf of the Board and shareholders, I would like to thank Ajay for his valued contributions and support to the Company over the last six years since our IPO on AIM and we wish him continued success.”
The company said that it has initiated a process to recruit a successor and will provide an update in due course.