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EML Payments (ASX: EML) (S&P/ASX 200) would like to announce that David Curneen commences in a newly created role of Group Chief Operating Officer, with responsibility for the financial and operational performance of its business units, the management of its group technology function and for driving and implementing its strategic plan, Project Accelerator.

David Curneen brings 20+ years of experience in senior leadership, executive and board positions in the financial services, fintech and blockchain sectors internationally. Most recently, David was Digicel Financial Services’ Group CEO for 32 Caribbean, Central American and South Pacific markets. Prior to that, he was the CEO of Virgin Money Australia before its sale to the Bank of Queensland.

”It’s exciting to join a geographically and culturally spread business. I aim to be successful as part of EML’s fast and smart team and oversee revenue growth and value creation across the group and acquisitions,” expressed David Curneen, Group COO at EML.

”David has considerable experience in managing regulated financial services businesses and is people, action, and growth-oriented, which is the right mix in the correct order as we continue to grow rapidly. I want to officially welcome him to the EML family,” commented Tom Cregan, Managing Director & Group CEO at EML.

In a conversation regarding EML Nuapay, David Curneen listed the Top 5 reasons why open banking is one of the most exciting opportunities to deliver a better customer and merchant experience in digital payments:

1. Lower cost – up to 80% less expensive.
2. Lower risk – eliminating sensitive data storage.
3. Speed – instantaneous settlement for merchants.
4. Enhanced customer experience.
5. Fewer chargebacks.

Similar to EML’s work alongside governments and international aid agencies with Disbursement-as-a-Service (DaaS) payment solutions, David’s career highlight to date was to help deliver tens of millions of dollars in digital funds through an emergency disbursement ecosystem in Haiti in 2020.

Born in Dublin, Ireland, David holds dual Irish and Australian citizenship and has relocated to the U.K. to commence his new role tomorrow.