OFX Group Limited announced that John Alexander Malcolm (Skander Malcolm) has been appointed as Chief Executive Officer and Managing Director of the company, effective February 1, 2017. Mr. Malcolm replaces Richard Kimber, who has stepped down from his role as Chief Executive Officer and Managing Director. Mr. Malcolm has more than 23 years' experience in the financial services industry in the Australia & New Zealand, US and UK markets.

After 10 years in the UK with HSBC Skander returned to Australia in 2000 and joined Westpac's card products group.