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Rob Harding, De La Rue’s chief financial officer, leaves the note printer to join the payment company PayPoint
- Rob Harding will join Paypoint in the summer after serving his notice period
- Harding has been De La Rue’s CFO since March 2020
De La Rue’s finance chief is stepping down from his position to join retail payments company PayPoint, the company announced on Tuesday.
Rob Harding, who has served as the banknote printer’s chief financial officer since March 2020, will stay on for up to six months “to assist in an orderly transition.”
Harding was brought in shortly after De La Rue launched a three-year turnaround plan to deal with mounting debt due to coronavirus-related staff absenteeism and supply chain issues.
Departs: CFO Rob Harding was appointed as De La Rue launched a three-year turnaround
He will become PayPoint’s new CFO, replacing Alan Dale “later this summer,” according to a separate statement from the payments company.
Dale had announced last year that he would retire in 2023, having served as CFO since November 2020.
Prior to joining De La Rue, Harding briefly served as interim finance chief for Co-op Insurance and spent six years at insurer Swinton Group in various roles.
PayPoint Chairman Giles Kerr said, “Rob brings a wealth of experience to the company and is the right candidate to support the continued success of the PayPoint Group and its important transformation strategy.
“He is a valuable addition to the Board of Directors as we continue our growth plans and integrate the Appreciate Group business.”
De La Rue’s chief executive, Clive Vacher, said: ‘Over the past three years, Rob has been a highly valued member of both the Board of Directors and the Executive Leadership Team and has been instrumental in driving the company’s continued transformation. company.
“On behalf of everyone at De La Rue, I would like to thank Rob for his contribution and wish him all the best in his next role.”
Earlier this month, De La Rue was revealed to be involved in a corruption probe into India’s former finance minister, though it denies all allegations.