ONPEX, a provider of multi-currency IBAN accounts, has decided to appoint banking expert, Murray Sims, as the company’s CEO.
The Luxembourg-based firm described the move as a further step in strengthening ONPEX’ management team’ as it continues to develop and conduct its business strategy.
Sims has over 40 years of commercial experience in the banking industry and has worked in a range of countries globally including five GCC countries in the Middle East.
“I am looking forward to the new opportunity at ONPEX and working alongside a highly skilled team of experts to support and drive expansion efforts,” said Murray Sims.
“ONPEX is a fast-growing business with an exceptional market offering. I’m extremely excited to be part of the next growth cycle of the business.”
Following the launch of its Banking-as-a-Service (BaaS) platform, ONPEX has secured its Payment Institution License granted by the CSSF in Luxembourg as well as transitional passporting rights ahead of Brexit.
In the past year ONPEX has secure significant partnerships with AltPay, Intergiro and Moorwand with Sims appointment is expected to to be ‘instrumental in scaling up the business.’
The recent accomplishments are said to have brought the company to an ‘inflexion point’ and Sims will now lead the company on its expansion.
Former CEO and founder, Christoph Tutsch, will remain on the board as chief innovation officer focusing on the company’s future as well as acting as its brand ambassador.
Tutsch commented: “I am delighted to welcome Murray to the ONPEX family and look forward to his contribution to our business.
“His leadership and commercial experience will help us to develop our business, while supporting and inspiring our team to achieve even greater levels of innovation and performance.”
Alan Goslar, Chairman of ONPEX, added: “We are excited that Murray Sims has joined the team and we are confident that he will add tremendous value to ONPEX.
“Murray has an extensive set of skills and many years of industry experience in the commercial banking sector, which will enable him to contribute significantly to ONPEX’ further development.”