Payments service provider SH Payments has announced the appointment of Irmantas Kamienas as its new CEO.

Following a 12-year career with European financial group SEB, Kamienas will take the lead by focusing on key growth areas for SH Payments such as increasing expertise in treasury and asset management.

Kamienas joins the newly appointed Managing Director Philippe Werner, who was previously a corporate banker at ABN Amro bank, working with a portfolio of clients such as fintech clients and FX brokers.

Commeting on his new position, Kamienas stated: “I’m excited to be joining SH Payments at a time when so many European businesses are hungry for expansion following the challenges of the Covid-19 pandemic.

“We are committed to helping SMEs plan for growth and empower them with expertise and guidance, offering agile financial services and connecting them with world-leading banking services which have until now been out of reach.”

Kevin von Neuschatz, CEO of Stanhope Financial Group, added: “We are pleased to announce these two senior hires to add to our expanding team at Stanhope. Both Philippe and Irmantas bring with them decades of experience in the financial services sector and will enable us to rapidly scale up our SH Payments business and target corporate and retail clients.”