TIDMESG

RNS Number : 8338K

eServGlobal Limited

30 June 2014

eServGlobal Limited (eServGlobal or the "Company")

Appointment of New Chairman

Paris: 30 June 2014

eServGlobal (AIM:ESG & ASX:ESV), the provider of end-to-end mobile financial services to emerging markets, is pleased to announce the appointment of Duncan Lewis as the new Non-executive Chairman of its Board of Directors. Duncan will take up this position, from Acting Chairman Steve Baldwin, effective 30 June 2014.

Duncan has over 30 years' of wide-ranging experience in the Technology Media & Telecommunications industry, having held senior management positions at BT and Managing Director and Chief Executive level positions at Cable and Wireless, Granada and Equant, both in the UK and internationally.

Duncan is a highly experienced private equity and venture capital advisor. He has also served as a Senior Advisor to the Carlyle Group where he assisted in developing strategy and identifying investments in the telecommunications and media sectors worldwide.

Duncan Lewis, Chairman, said, "I am delighted to be joining the Board of eServGlobal and look forward to working with the company to explore all the opportunites it has, leveraging its leadership position within the rapidly growing mobile money space."

Paolo Montessori, CEO and Managing Director, said, "I am proud to welcome someone of such industry stature and knowledge to chair the Board of eServGlobal. Duncan brings considerable experience in growing businesses in the telecom space and will provide valuable guidance, insight and leadership as we seek to execute our ambitious growth plans."

Duncan also serves as Chairman of NextiraOne nv, Chairman of niu Solutions Holdings Limited, Chairman of Goldacre Ventures, Chairman of Workshare Limited and Chairman of Mobbu Limited. Duncan is an independent director of Spirent Communications plc, of euNetworks Group Limited and JQW plc. Duncan was previously Chairman of Apsmart Limited until it was sold to Thomson-Reuters and its successor company, MPme Ltd and Chief Executive of Vislink plc from October 2008 to March 2011.

Duncan James Daragon Lewis, aged 63 holds, or has held in the past five years, the following directorships:

 
 Current Directorships / Partnerships   Directorships / Partnerships within 
                                         the last 5 years 
=====================================  ===================================== 
 NextiraOne nv                          Apsmart Limited 
  niu Solutions Holdings Limited         Vislink plc 
  Goldacre Ventures                      12 Charles Street Limited 
  Workshare Limited                      12 Charles Street (Tenants) Limited 
  Mobbu Limited                          MPme Limited 
  Spirent Communications plc 
  euNetworks Group Limited 
  JQW plc 
  Teletique Limited 
=====================================  ===================================== 
 

There are no further disclosures required to be made in respect of the appointment under Schedule 2(g) or Rule 17 of the AIM Rules for Companies.

For further information, please contact:

 
 eServGlobal                                      www.eservglobal.com 
 Tom Rowe, Company Secretary                      T: +61 2 8014 5050 
                                                   investors@eservglobal.com 
 Canaccord Genuity Limited (Nomad and Broker)     www.canaccordgenuity.com 
  Simon Bridges / Cameron Duncan / Brendan         T: +44 (0) 20 7523 8000 
  Gulston 
 Charles Stanley Securities                       www.csysecurities.com 
  Dugald Carlean / Paul Brotherhood                T: +44 (0) 20 7149 6000 
 Newgate Threadneedle                             www.newgatethreadneedle.com 
  Hilary Millar / Caroline Forde / Josh Royston    T: +44 (0) 20 7653 9850 
  / Jasper Randall 
 

About eServGlobal

eServGlobal (AIM:ESG, ASX:ESV) offers mobile money solutions which put feature-rich services at the fingertips of users worldwide, covering the full spectrum of mobile financial services, mobile wallet, mobile commerce, recharge, promotions and agent management features. eServGlobal invests heavily in product development, using carrier-grade, next-generation technology and aligning with the requirements of more than 65 customers in over 50 countries.

Together with MasterCard and BICS, eServGlobal is a joint venture partner of the HomeSend global payment hub, a market leading solution based on eServGlobal technology and enabling cross-border money transfer between mobile money accounts, payment cards, bank accounts or cash outlets from anywhere in the world regardless of the users location.

eServGlobal also builds on its extensive experience in the telco domain to offer a comprehensive suite of sophisticated, revenue generating Value-Added Services to engage subscribers in a dynamic manner.

eServGlobal has been a source of innovative solutions for mobile and financial service providers for 30 years.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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