Matt Knowles moves from Board to active role at Alpha FX
FX risk management and payment solutions Alpha FX Group plc (LON:AFX) has announced that Matt Knowles will be stepping down from his role as an independent Non-Executive Director, in order to take on a more active role with the Group as Strategic Advisor. The Group will look to appoint a new Non-Executive Director in due course.
Moving forward, Matt will be working with the senior management team for a minimum of one day a week to guide the evolution of the Group with its strategy and ensure the organisation is aligned at all levels. This will see Matt play a key role in developing the Group’s strategic processes and holding the Group accountable to them, as well as testing the Group’s assumptions and decision making, while advising on new investments.
Matt has had a significant impact on Alpha since joining in 2018. He joined the Group with a wealth of leadership experience, having previously co-founded HiFX, one of the largest non-bank players in international payments globally. In his time as CEO, he grew HiFX to over 400 employees across 6 countries, before selling to Nasdaq listed Euronet in 2014. In addition, Matt has significant investor experience working as a Venture Partner at TempoCap, a late-stage growth investor (VC Fund) investing in disruptive technologies.
Morgan Tillbrook, CEO commented:
“I am very excited to have Matt join us in this capacity and the opportunity for the team and I to work more closely with him.
As a co-founder himself, Matt is an entrepreneur by trade and has a wealth of experience in growing and maturing a business. His ability to coach, challenge and analyse situations from a broader strategic perspective has been invaluable in the two years I have worked with him. He also brings with him an abundance of passion and energy and I can vouch first-hand for his ability to develop and elevate people. As the business’ balance sheet strengthens, how we deploy our capital is becoming ever more important and we see Matt as a valuable advisor in testing our assumptions and helping us grow the business in the right way and in the right areas.
Since our IPO in 2017, we’ve been privileged to be supported by a fantastic team of non-executives and we will look to add another independent Director to replace Matt in due course.”