Tsach Einav returns to SafeCharge CFO role

Tsach Einav returns to SafeCharge CFO role

Monday, July 3, 2017 Posted by James Walker

Payment technology provider SafeCharge has announced that Tsach Einav has been appointed as group chief financial officer, replacing Tim Mickley, effective September 1.

Einav joined SafeCharge as chief financial officer in 2006, and played a key role in the group’s corporate development, as well as its admission to the Aim stock exchange in April 2014.

In his current management role, Einav is general manager of SafeCharge’s Israeli subsidiary.

Mickley will be leaving the company to pursue new entrepreneurial opportunities.

Commenting on the appointment, SafeCharge chairman Roger Withers said: “I am delighted that Tsach is joining the SafeCharge board at this important time in the company’s development.

“He has considerable experience within SafeCharge’s business, strong financial expertise and has been integral to the group’s successful operations over many years. He has worked closely with Tim during this time and therefore we are confident of a smooth transition”

The appointment comes amid a period of strong growth for SafeCharge. In 2016, the company saw its revenues increase 11% year-on-year to $101.5 million. Profits were up 16% to $26.6 million.

SafeCharge announced in February that it was expanding its presence in the Asia-Pacific region, with the company opening a new satellite office in Singapore and becoming a member of UnionPay International, a China-focused payment network.

Across the Pacific, SafeCharge recently signed a partnership with card processing giant Chase. The deal is aimed at bringing a smoother payment experience for US consumers.

Totally Gaming says: The return of Tsach Einav as chief financial officer is a logical move for SafeCharge. Before heading up the payment firm’s Israeli subsidiary, he played a key role in helping the group to list on London’s Aim exchange. SafeCharge is now in its third year as a public company, and with revenues expected to increase further in 2017, Einav is the ideal candidate to help manage the group’s fiscal strategy over the coming months.

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