Business
ISX Financial EU PLC Appoints Group CFO Ajay Treon to the Board of Directors as Executive Director
ISX Financial EU Plc ("ISXX"), an EEA-authorised Electronic Money Institution and banktech provider of transactional banking and real-time payments across Europe and the UK, is pleased to announce the appointment of Mr. Ajay Treon, Group Chief Financial Officer, as an Executive Director on the Company's Board of Directors. The appointment follows a non-objection by the Eurosystem Central Bank of Cyprus, home regulator of ISXX.
About this update from Lloyds Banking Group Plc
[{"type":"text","content":"NICOSIA, Cyprus, Oct. 27, 2025 /PRNewswire/ -- ISX Financial EU Plc ("ISXX"), an EEA-authorised Electronic Money Institution and banktech provider of transactional banking and real-time payments across Europe and the UK, is pleased to announce the appointment of Mr. Ajay Treon, Group Chief Financial Officer, as an Executive Director on the Company's Board of Directors. The appointment follows a non-objection by the Eurosystem Central Bank of Cyprus, home regulator of ISXX.","length":491,"tagName":"p"},{"type":"image","alt":"ISX Financial EU Plc Logo","displaySize":"","headline":null,"caption":"ISX Financial EU Plc Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":129,"url":"https://media.zenfs.com/en/prnewswire.com/be8b881e582e6856c58aad0551de5f13"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/KDCFaJcqOZYXx_6WPkcAgw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIyNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/be8b881e582e6856c58aad0551de5f13","width":400,"height":129}}},{"type":"text","content":"With an impressive 25-year career in the banking industry, including extensive experience in renowned institutions such as Lloyds Banking Group, Lehman Brothers, Dresdner Kleinwort Investment Bank, and Credit Suisse, Mr. Treon brings a wealth of expertise in financial management, strategic planning, and risk mitigation. He also possesses valuable experience in the fintech sector, further enhancing his understanding of the evolving financial landscape. Mr. Treon is a qualified accountant, holds an Executive MBA, and possesses the esteemed Certificate in Quantitative Finance.","length":580,"tagName":"p"},{"type":"text","content":"Since Mr. Treon assumed the role of Group Chief Financial Officer in July 2023, ISXX has delivered sustained profitability and rigorous cost discipline, including record performance in 2024 and continued resilience throughout 2025. The Group has strengthened Own Funds and Net Assets, maintained robust EBITDA margins, and continued to invest in innovation, core technology, and talent to support scale. Treasury, safeguarding, and reporting frameworks have been enhanced, aligning capital deployment with growth in open banking (A2A), e-money, and acquiring operations.","length":570,"tagName":"p"},{"type":"text","content":"Mr. Takis Taoushanis, ISXX Chairman of...