CAB Payments Holdings Limited announced the Bhairav Trivedi, Chief Executive Officer (CEO), will be succeeded by Neeraj Kapur. Bhairav has led the Company through a period of significant structural change, transformed CAB Payments into a market leader and positioned it for the next phase of growth.  The Board would like to express its sincere gratitude to Bhairav for the leadership he has provided over the last three years.   Bhairav will support a smooth transition of responsibilities to Neeraj and has agreed to then take on a new role within CAB Payments as Senior Adviser to the Board.  In this role, Bhairav will lead the Company's push globally to build increasingly strong relationships with central banks, regulators, current and prospective strategic customers, and other senior industry participants.

  Neeraj has more than 20 years of experience in senior operational and finance leadership roles in retail, corporate and SME banking; he was most recently Group Chief Financial Officer of Vanquis Banking Group plc (formerly Provident Financial plc) where he helped guide the company through a period of significant industry and business change.  Neeraj is a qualified Chartered Banker and Chartered Accountant, qualifying with Arthur Andersen 30 years ago.