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Fexco Appoints Cathal Foley as CEO of Fexco AsiaMANILA, Philippines, Sept. 16, 2019 /PRNewswire/ -- Fexco, one of the world's leading independent financial technology providers, announces the appointment of Cathal Brendan Foley as CEO of Fexco Asia. Cathal will lead Fexco's Asian business including EasyDebit, its mobile payments business in the Philippines. Cathal's appointment follows Ann Chan's (co-founder of Fexco Philippines) move to Chairperson of Fexco Philippines. The Fexco EasyDebit solution is a microATM and Payments solution that allows customers to withdraw cash and make payments using their ATM/debit card at thousands of local accredited merchants. EasyDebit has also developed an Agency Banking solution enabling the rapid, low cost deployment of traditional banking services to underserved areas. At present, the Philippines is a country significantly underserviced by an ATM and bank branch network. EasyDebit provides safe and secure instant access to cash to the 75million BancNet cardholders, and has processed over P2 billion since it was launched in 2017. Cathal Foley has extensive strategic busiess development experience in financial services across the South East. He has held senior management positions at large financial institutions such as HSBC and BNP Paribas in Hong Kong. Cathal's background also includes leading a technology driven and sales focused expansion for Cantor Fitzgerald in Hong Kong. Commenting on the appointment Karl Aherne, director of strategic business development, Fexco Group said: Cathal Brendan Foley, CEO of Fexco Asia said: About Fexco Photo - https://mma.prnewswire.com/media/974412/Cathal_Brendan_Foley_CEO_Fexco_Asia.jpg Contact: SOURCE Fexco |