BusinessCompany NewsMonitise reshuffle sees FD change

Monitise reshuffle sees FD change

John Brougham retires from CFO post, with Nick Taylor running the finance function

A BOARD reshuffle at mobile banking services company Monitise has seen group finance director Nick Taylor assume the top finance post, with chief finance officer John Brougham retiring.

After spending 13 years at KPMG, Taylor has been with Monitise for more than two years, during which time Monitise’s operations in the UK, Asia Pacific and North America have grown significantly.

He retains his group FD title, and will liaise directly with the board on finance matters.

Brougham leaves the firm after two years on the executive team, having first joined served as a non-executive director. He spent the bulk of his career at BT, which he joined in 1986, culminating in the FD post. He will now focus on non-executive commitments.

Mike Keyworth also joins the board, taking the chief operating officer role, while Elizabeth Buse of Visa relinquishes her non-executive directorship, with her colleague Ellen Richey stepping in.

Chairman Duncan McIntyre said: “At this time, I would also like, on behalf of the company and board, to extend my gratitude to John Brougham for his commitment and significant contribution to Monitise.

“He has been a valued member of the management team and we wish John all the best in his future endeavours.”

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