Wise appoints new finance chief

(Sharecast News) - Wise announced the appointment of Emmanuel Thomassin as its new chief financial officer and director Monday.

The London-listed consumer currency specialist said Thomassin would succeed Matthew Briers, who had previously announced his intention to resign from the position and would now do so immediately.

Thomassin would assume his role on 1 October, and in the interim, Kingsley Kemish, the current senior group financial director, would act as the interim CFO.

Wise said Thomassin would bring a wealth of experience in steering the financial growth strategies of rapidly expanding companies, both private and publicly traded.

His most recent role was as CFO at Delivery Hero, a multinational tech company, where he had served for the last decade.

During his tenure, he also served on the board for seven years.

Delivery Hero, known for its local delivery platform, initially launched as a food delivery service in 2011 and had since expanded its operations to over 70 countries spanning Asia, Europe, Latin America, the Middle East, and Africa.

Additionally, Thomassin hd contributed to various boards, including serving as CFO for MetaDesign for five years from 2007 to 2012, and as a member of the supervisory boards of several other companies, including Team Global Management, Delivery Hero's technology incubator.

"I am pleased to welcome Emmanuel to the Wise team as we look to ... continue building from the strong financial foundations Matt put in place over the years," said co-founder and chief executive officer Kristo Käärmann.

"Matt has been a fantastic partner as we built the foundations of this business, and Emmanuel's deep experience in leading teams while scaling a fast-growth company globally makes him the ideal candidate to take up this challenge and join us on our mission as we enter our second decade."

At 0851 GMT, Wise shares were down 0.41% at 969.2p.

Reporting by Josh White for Sharecast.com.