Bango PLC Board Change and Appointment of CFO (0202M)
January 03 2019 - 2:00AM
UK Regulatory
TIDMBGO
RNS Number : 0202M
Bango PLC
03 January 2019
3 January 2019
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO
BE PRICE SENSITIVE FOR THE PURPOSES OF THE MARKET ABUSE
REGULATIONS
BANGO PLC
("Bango")
Bango welcomes new board member, confirms CFO appointment
Bango (AIM: BGO), the mobile commerce company, announces that on
1 January 2019 Nancy Cruickshank joined the Board as an Independent
Non-Executive Director, to guide and support the expected rapid
growth of Bango as it starts to exploit its data monetization
technology and relationships. Bango also confirms that Carolyn Rand
has now been appointed to the Board as permanent Chief Financial
Officer, effective from 1 January 2019.
Nancy Cruickshank is on the executive team at Carlsberg. She
manages its global digital transformation program, determining how
this global brand gains maximum benefit from its data insights and
deeper application of digital technologies to meet the needs of its
customers.
Nancy brings highly relevant experience in online and mobile
commerce to Bango. She drove the digital and mobile marketing
strategy for Hearst Media Group. She was a NED for 8 years at Glam
Media, and was responsible for digital M&A at Telegraph Media
Group. Nancy was CEO at Weve, a data monetization business backed
by the UK mobile network operators and on the supervisory board of
Telecity group. She is currently a Non-Executive Director at
leading Indian mobile entertainment company OnMobile Global
Limited.
"I'm really excited by the Bango mission to expand from a highly
successful payments platform to a broader commerce platform,"
commented Nancy Cruickshank. "Bango is uniquely positioned to
enable much more effective monetization of payment data by
developers and content owners, fuelling the growth of the huge app
economy".
Nancy will join the remuneration committee and the data privacy
committee.
Ray Anderson, CEO of Bango, said; "I am delighted to welcome
Nancy to the Bango Board. Nancy's experience of the digital
environment is highly relevant to our market strategy and business
model. Nancy brings many skills to the board in support of the
enhanced Bango commerce strategy."
Carolyn Rand joined Bango in October 2018 as interim CFO. Her
strong track record of financial leadership with both public and
private businesses is supplemented by highly relevant experience
with brands that operate globally and with deep technology
assets.
"This is one of the most exciting businesses I have been
involved in" said Carolyn. "Having worked for 3 months with the
executive team and board at Bango I'm really fired-up about the
expanding opportunities in digital commerce that Bango is
pioneering. I look forward to working with the Bango team and its
global partners to deliver significant growth and profit in the
years ahead".
ENDS
For further information please contact:
Bango plc
Ray Anderson, CEO +44 3330 770 247
Carolyn Rand, CFO
Anil Malhotra, CMO
Cenkos Securities plc
Beth McKiernan / Neil McDonald +44 131 220 6939
FTI Consulting
Matt Dixon / Rob Mindell +44 203 727 1000
Save for the information set out herein, there are no further
disclosures to be made in accordance with Rule 17, Schedule Two (g)
of the AIM Rules for Companies in respect of the appointments of Ms
Cruickshank and Ms Carolyn Rand.
Full name Nancy Cruickshank
Age 48
---------------------------
Current directorships: Onmobile Global Limited
---------------------------
MyShowcase Limited
---------------------------
Prior directorships Carlsberg Group A.S.
from previous 5
years:
---------------------------
Connock (London) Limited
---------------------------
Nancy Cruickshank Limited
---------------------------
Sharing Economy UK Limited
---------------------------
Telecity Group Limited
---------------------------
Full name Carolyn Ann Rand
Age 54
------------------------------
Current directorships: Advanced Business Finance Ltd
------------------------------
Bango.Net Limited
------------------------------
Prior directorships Isogenica IMG Limited
from previous 5
years:
------------------------------
Isogenica CGL Limited
------------------------------
Isogenica Limited
------------------------------
CCI Services Limited
------------------------------
Birdlife Limited
------------------------------
About Bango
Cross the threshold into the thriving Bango ecosystem where
merchants and payment providers converge, grow and thrive. Being
inside the Bango circle means global merchants including Amazon
(NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT)
are able to work together with payment partners from Africa to the
Americas, accelerating the performance of everyone on the inside.
By bringing businesses together and powering e-commerce with unique
data-driven insights, Bango delivers new dimensions of growth and
new experiences for people around the world.
Bango. Think inside the circle. For more information, visit
www.bango.com.
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END
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