MyBucks S.A. amends Board of Directors
Luxembourg, March 7, 2018 – Frankfurt-listed Fintech MyBucks S.A. (“MyBucks” or the “Company”, ISIN: LU1404975507, Bloomberg: MBC:GR) is strengthening and expanding its Board of Directors: Dave van Niekerk, Founder and current CEO of MyBucks S.A., has been appointed as Executive Chairman of MyBucks S.A.
Furthermore, MyBucks S.A. has appointed Tim Nuy, current Deputy-CEO as the new Chief Executive Officer with immediate effect. Tim has been an Executive Director at MyBucks since 2015 and was previously with ADC African Development Corporation AG and KPMG. Tim’s immediate key priority will be the continuation of the refinancing strategy, in order to reduce cost of funds and increase scale. Going forward, the Board of Directors has further been strengthened with the planned appointment of Dr. Markus Schachner as Deputy Chairman effective 1 April 2018, after Markus will have left McKinsey, where he served as a partner since 2011 and was part of the leadership team of the European banking, asset management and insurance sectors.
MyBucks Chairman and Founder Dave van Niekerk said: “I am very happy with this next stage in our development – I look forward to continue implementing my vision for a fully digital emerging markets banking group in close cooperation with Tim and Markus.”
MyBucks S.A. (WKN: A2AJLT, ISIN: LU1404975507, Ticker Symbol: MBC:GR) is a FinTech company based in Luxembourg that delivers seamless financial services through technology. Through its brands GetBucks and GetSure the company offers impact loans, unsecured consumer loans, banking solutions as well as insurance products to customers. MyBucks has experienced exponential growth since its inception in 2011 and today has operations in twelve African and two European countries as well as in Australia. MyBucks aims to ensure that its product offering is accessible, simple and trustworthy, in comparison to traditional, non-technological methods, ultimately working towards enhancing the benefits to the customer. The MyBucks’ product offering enables customers to manage their financial affairs easily and conveniently.
Discover more at: www.mybucks.com