Stuart Meiklejohn Joins CashFacCashFac is pleased to announce the expansion of its senior executive team with the appointment of Stuart Meiklejohn to the role of Business Development Director. In this role Stuart will work closely with the Wealth Management Industry including the retirement savings market to ensure that CashFac extends its product and services to this key marketplace. This will help secure CashFac's lead position in the cash management and banking technology solution provision and enable it to capitalize on the new market opportunities that are being created by the Financial Services distribution review. The appointment further strengthens CashFac's commitment to the Wealth and Pension sector. Stuart brings a wealth of experience having previously spent 3 years with Fidelity International as Director in charge of propositions at FundsNetwork the leading UK investment platform. Stuart also headed up Fidelity's Edinburgh office. Stuart was a member of the FundsNetwork operating board and had responsibility for the development and management of the proposition as well as the design and development of the end to end platform services. Stuart was responsible for implementing CashFac's cash management solution onto the Fidelity FundsNetwork platform in 2008. Prior to Fidelity, Stuart was head of proposition development at Prudential PLC one of the largest Life & Pensions companies in the Europe. Paul Ormrod, Chief executive of CashFac, comments: "These are enormously exciting times in the wealth industry, the landscape is transforming which will further drive the adoption of cash management at the heart of the wealth and pensions businesses. CashFac is ideally positioned to lead the way in this market. Stuart's appointment, with his vast and detailed knowledge, will further cement our focus in this market". Stuart Meiklejohn commented: "CashFac is a business that I have a huge amount of respect for and I know this respect reaches into its partner community. The company is ideally placed to lead the development of automated and streamlined cash management to help the Wealth and Pensions business to thrive in our changing market. I am extremely excited to be joining CashFac at such a crucial time and am looking forward to playing a key role in shaping its future success". August 2009 |