CAB Payments Holdings plc (LON:CABP) today announced a change to its Board of Directors.

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

Kush Saxena’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afternoon and, as a result, the resolution relating to his formal election at the 2026 Annual General Meeting will be withdrawn.

Mr Saxena has advised the Board and Management on a wide range of topics including the Company’s digital, technology and stablecoin strategies.

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.”

Kush Saxena is a senior fintech executive and entrepreneur with a track record of more than 20 years driving P&L growth, digital innovation, and strategic transformation globally. He has led multi-billion-dollar businesses as CEO of GetNet and EVP at Mastercard, delivering outsized value through technology-enabled growth and M&A. He also has deep entrepreneurial expertise through his venture incubation, advisory and investment platform, Function Ventures. His board and advisory roles span public, private, and venture-backed companies, including GetNet (NASDAQ: GET), Biovie (NASDAQ: BIVI), Deere & Co.’s Global Innovation Council, and Function Ventures.