SumUp has appointed a new CEO and CFO while announcing new board members.
According to a note from the Fintech, Niall Mac an tSionnaigh is now CEO of SumUp Limited, the Irish operating company, and Alastair Nolan, previously the Group’s CFO Europe, will now serve as SumUp Limited’s Head of Finance.
Claire Gillanders is now Head of Compliance after four years in SumUp’s risk organization, and Jessica Cotta was recently appointed as Chief Risk Officer for SumUp Limited.
Gareth Walsh has transitioned to being a non-executive director on the board, along with Siona Meghen who has joined the SumUp Limited board as an independent non-executive director.
Ireland is SumUp’s gateway to the European markets.
Founded in 2012, SumUp helps more than 4 million small merchants in 36 markets worldwide run their businesses. Through its SuperApp, SumUp provides merchants with a free business account and card, an online store, and an invoicing solution. In-person transactions are also part of the package.
CEO Mac an tSionnaigh, said he was pleased to help lead the company in its next phase of growth.
CFO of Europe Nolan said it’s critical their “financial infrastructure and processes are optimized in order to seize future opportunities.”
Few details were provided as to what drove the decision to make such a drastic leadership shakeup.