Cash management solutions provider Cashfac Technologies has named Richard Cummings as CEO. He joined Cashfac as deputy CEO in March 2014, at which time the organization has secured a number of significant new corporate clients and bank partners who white-label Cashfac's cash management platform.

 

Paul Ormrod, the company’s founder and executive vice-chairman said, "The recruitment of Richard and his appointment to the position of CEO is a significant milestone in the development of the Cashfac strategy. Richard will be working closely with me and the board to achieve our growth objectives in all aspects of the Cashfac business."