Tesserent Limited announced that inaugural Managing Director and Chief Technology Officer Keith Glennan has decided to retire as a director effective November 14, 2018. Mr. Glennan will be on medical leave for an extended period and planned to step down as a director at the end of the forthcoming AGM. He has decided to bring forward that decision.

Current CEO Julian Challingsworth will be appointed as Managing Director effective from November 14, 2018. His terms and conditions of employment remain unchanged.