Mobile payments firm Monitise has announced its CIO, Mike Keyworth, is to step down as part of board and senior executive personnel changes.
Keyworth was hired by the software provider in 2004 as the delivery director for its UK launch, and was given the CIO position the following year, before also joining the board in 2012. He will remain at the firm as a technology advisor.
During his tenure as CIO, Keyworth helped spur adoption of Monitise’s mobile payments platform, which now handles more than four billion transactions a year. Customers of the service include HSBC, Lloyds, Natwest and Travelex.
Prior to joining Monitise, Keyworth was consultancy director at events management specialist firm TBA, and development director at LloydsTSB, spending 12 years at the bank. Details of his replacement have not been provided at this time.
Other personnel changes at Monitise include the appointment of Mike Dreyer, former global head of technology at payments provider Visa, as president of the firm's Americas region.
Monitise’s shares received a boost last week as it announced a partnership to combine its mobile payments products with IBM’s professional services, in a deal which will see around 20 percent of its UK workforce transferred to IBM.
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