Alpha FX Group (LON: AFX), a provider of FX risk management, accounts and payments solutions to corporates and institutions, announced the appointment of Tim Powell to its team. Powell will serve as the Chief Financial Officer (CFO) and an Executive Director of the Board.

He will replace Tim Kidd as the CFO who announced his plans to retire in January 2022. Kidd will also leave the Board on 1 December 2022, making a place for the new CFO but will continue to support the company's operations until the full 2022 financial report is published.

"Tim Powell's appointment followed a meticulous selection process, and the advance notice of Tim Kidd's retirement gave us the opportunity to cast the net far and wide and conduct a thorough and detailed search for his replacement. We were very impressed with the calibre of the candidates, a reflection of Alpha's growing reputation, and I would like to sincerely thank all of the individuals that we met along the way," Morgan Tillbrook, the CEO of Alpha FX Group, commented in a regulatory filing.

"Alongside his CV, Tim Powell's authenticity, honesty and humility stood out, characteristics which our outgoing CFO Tim Kidd also has in abundance, and which have made him such a joy to work with over the last seven years."

Alpha FX Group (LON: AFX), a provider of FX risk management, accounts and payments solutions to corporates and institutions, announced the appointment of Tim Powell to its team. Powell will serve as the Chief Financial Officer (CFO) and an Executive Director of the Board.

He will replace Tim Kidd as the CFO who announced his plans to retire in January 2022. Kidd will also leave the Board on 1 December 2022, making a place for the new CFO but will continue to support the company's operations until the full 2022 financial report is published.

"Tim Powell's appointment followed a meticulous selection process, and the advance notice of Tim Kidd's retirement gave us the opportunity to cast the net far and wide and conduct a thorough and detailed search for his replacement. We were very impressed with the calibre of the candidates, a reflection of Alpha's growing reputation, and I would like to sincerely thank all of the individuals that we met along the way," Morgan Tillbrook, the CEO of Alpha FX Group, commented in a regulatory filing.

"Alongside his CV, Tim Powell's authenticity, honesty and humility stood out, characteristics which our outgoing CFO Tim Kidd also has in abundance, and which have made him such a joy to work with over the last seven years."