Directorate Change
CAB Payments Holdings plc announced that Kushagra Saxena will step down as a Non-executive Director following the Annual General Meeting today, as he is pursuing an executive role elsewhere. Saxena provided valuable advice on the company's digital, technology, and stablecoin strategies. The Board will continue to comprise individuals with diverse expertise in FX, Payments, and Banking, with independent non-executive directors forming more than half of its members.
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Board changes
Kushagra ('Kush') Saxena has informed the Board of Directors of the Company (the 'Board') that he wishes to step down from his roles as Non-executive Director of the Company and Non-executive Director of Crown Agents Bank Limited in order to pursue an executive role at another organisation.
Kush's resignation will take effect following the Annual General Meeting this afternoon and, as a result, the resolution relating to his formal election at the 2026 Annual General Meeting will be withdrawn.
Kush has advised the Board and Management on a wide range of topics including the Company's digital, technology and stablecoin strategies. The Board thanks him for his valuable contributions and wishes him well for the future.
Following Kush's resignation, the Board will continue to consist of individuals who bring diverse experiences and viewpoints across the FX, Payments and Banking sectors and a shared commitment to strong governance, with more than half of the Board comprising independent non-executive directors.
Ann Cairns, Chair of CAB Payments said:
"Kush brought energy, expertise and insights to our Board. We thank him warmly for his contributions and wish him every success in his new executive role."
This notification is made in accordance with UKLR 6.4.6R(2)
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.