Payoneer Global Inc. (NASDAQ:PAYO) today announced the appointment of Bea Ordonez as the Company’s Deputy Chief Financial Officer, effective January 16, 2023. Michael Levine, Payoneer’s current CFO, will step down from his position in March 2023 at which time it is Payoneer’s expectation that the Board of Directors of the Company will appoint Ordonez as CFO, and she would report to Co-CEO John Caplan.

“I will be leaving Payoneer with the utmost confidence in management’s ability to drive growth and profitability. Payoneer is in a strong position and now is the right time for me to pursue other personal interests following a smooth transition of responsibilities,” said Michael Levine, CFO. “I would like to thank John, Scott, and the entire team at Payoneer for their support and friendship.”

“I am thrilled to be joining Payoneer – a values driven, innovative company that is delivering solutions that truly power global digital commerce,” said Bea Ordonez. “The Payoneer team has built a digital platform with impressive global reach and scale and I look forward to working with the team to continue to build on the company’s impressive track record.”

Ordonez joins Payoneer following more than 20 years of C-suite experience in financial technology companies, with a focus on capital markets and banking, global trading platforms and market data and analytics solutions. She most recently served as the Chief Innovation Officer at Webster Bank (NYSE: WBS). Her prior roles include CFO positions at Sterling National Bank (NYSE:STL), OTC Markets Group (OTCQX: OTCM), and G-Trade, and as the COO at Convergex.