eServGlobal Limited announced that Paolo Montessori, the Chief Executive Officer and Managing Director of company, is stepping down with immediate effect. Stephen Blundell, Chief Operating Officer and board member, will assume overall executive responsibility for the company until Mr. Montessori's successor has been appointed. Mr. Blundell will report to the Chairman and to the Board.

The Board has appointed Stephen Baldwin to be Deputy Chairman. Mr. Baldwin, an existing board member, will be responsible for relationships with Australian shareholders.