Shaping the Future of Global Payments: A Strategic Move in the Currency Sector

Pioneering Firm Appoints New Leader to Spearhead Ambitious Expansion Plans

2 mins read

Key Takeaways:

  • Daniel Ross joins a leading global payment and currency risk management specialist as Managing Director.
  • Ross, with a proven track record in the payments industry, is set to drive the company’s growth and expand its market share.
  • The firm has transacted over $200bn since its inception and is now focusing on enhancing its presence in key international markets.

The Dawn of a New Era in Currency Management

LONDON, 18 December 2023: In a significant move that marks a new phase of growth, the esteemed global payment and currency risk management specialist, Argentex, has announced the appointment of Daniel Ross as Managing Director. This key appointment signals the company’s ambitious plans for expansion and market dominance in the coming years.

Daniel Ross: A Visionary Leader in the Payments Industry

With a robust experience spanning over 16 years across banks, fintechs, and FX providers, Daniel Ross brings a wealth of knowledge and a track record of success to Argentex. His expertise lies in formulating and executing growth strategies in the financial sector. His impressive career includes tenures at Convera, Western Union, WorldFirst, and Barclays Corporate Banking, where he demonstrated his capability in leading and growing business units.

A Strategic Plan for Expansion and Excellence

In his new role at Argentex, Ross will focus on maintaining the company’s reputation for providing top-tier, tech-enabled, and human-led service to its clients. He plans to work closely with the leadership team, including Interim Chief Executive Officer Jim Ormonde, to enhance the firm’s product offerings and expand its client base. Key markets targeted for growth include the UK, the Netherlands, and Australia.

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Daniel Ross commented on his new role, saying, “Argentex is well known in the market for offering an extremely high level of tech-enabled, human-led service. We have the right offering and solutions to support more opportunities in a market where some businesses are underserved. I look forward to working alongside Jim and the leadership team at what I know is a very exciting time of growth for the business.”

Meeting the Challenges of a Dynamic Market

As the financial landscape continues to evolve, Argentex recognizes the challenges its clients face. Under the leadership of Ross, the company is poised to expand its role as a trusted partner in treasury management and payments, adapting to the changing needs of the market. Jim Ormonde, Interim CEO, expressed his enthusiasm about the new appointment, stating, “We’re very pleased to have Daniel on board at what is an important inflection point for the business. His appointment continues our commitment to attracting the best talent in the market and will allow us to accelerate our growth momentum.”

About Argentex

Argentex, a global payment and currency risk management specialist, distinguishes itself by offering bespoke services and leading-edge technology to businesses and financial institutions. Listed on the London Stock Exchange, the company has established a formidable presence with offices in the UK, the Netherlands, and Australia. Since its inception in 2012, Argentex has transacted over $200 billion for its clients, managing payments in up to 140 currencies.

A Future-Oriented Approach

The strategic hiring of Daniel Ross is a clear indication of Argentex’s commitment to leading the global payments industry. With a focus on expanding its market share and enhancing its service offerings, the company is well-positioned to capitalize on the opportunities presented in the rapidly changing financial landscape.

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