Appointment of Chief Technology Officer

RNS Number : 9314K

GB Group PLC

29 August 2012

 

29th August 2012

GB GROUP PLC

("GB Group" or the "Group")

Chief Technology Officer (CTO) Appointment

GB Group Plc, the Identity Management specialist, is pleased to announce that Tony Stansfield has been appointed to the role of Chief Technology Officer of GB Group.

Through both acquisitions and organic growth, GB Group has made remarkable progress over the last year and has diversified its suite of products and services and extended its geographical coverage. GB Group is now able to verify the identity of over two billion people across 15 countries, and with the European Commission aiming for 20% of the population to buy cross-border, online by 2015, the market presents a number of further opportunities to leverage customers and partners.

With this growth and diversity, the need has arisen for a highly experienced CTO to further define the Group's technology strategy, to align this with business goals and to articulate the strategy to clients and partners. A key element of Stansfield's role as CTO will be to guarantee that innovation, quality and excellence continue to be incorporated into the Group's technologies, in order to maintain GB Group's leadership in the identity management space.

Stansfield has over 20 years' experience in developing software systems and implementing technology strategy for a number of organisations ranging from start-up companies to FTSE 100 and 250 members such as Betfair and the Royal Bank of Scotland. Stansfield joins GB Group from JD Williams where he has spent three years leading the Applications Support and Development team, comprising 110 people and responsible for having adopted significant efficiency improvements and business benefits through improved technology. Prior to this Tony was Development Director at Betfair, reporting directly to the Board, with responsibility for software development for customer products and services with an annual budget in excess of £32 million.

Richard Law, CEO of GB Group plc commented: "I am delighted Tony will be joining us as Chief Technology Officer. One of our main business objectives is to progress our core and acquired technologies, in addition to developing new products and services that can be incorporated into the existing suite of identity management solutions. The most successful businesses are those which recognise the value of understanding their customers' identities, and we are committed to providing innovative technologies that enable them to connect, communicate and transact with consumers safely, responsibly and profitably."

For further information, please contact:

GB Group plc	01244 657333
John Constantin, Company Secretary
Peel Hunt LLP (Nominated Adviser and Broker)	020 7418 8900
Richard Kauffer
Daniel Harris
Newgate Threadneedle	020 7653 9850
Caroline Evans-Jones
Heather Armstrong
Website	www.gb.co.uk

Editors' Notes

Who are GB Group

The most successful organisations recognise the value of understanding your individual identity - who you are, what you need and what you like. GB combines this concept of identity with technology to create an environment of trust so that organisations can connect, communicate and transact with consumers safely, responsibly and profitably. We call this identity management.

GB Group has four complementary identity management offerings:

·      ID Verification, which provides the ability to verify consumers' identities remotely, without the physical presentation of documentation, in order to combat ID fraud, money laundering and restrict access to under age content, purchases and gambling

·      ID Customer Registration, which includes software and services for quick and accurate customer registration and validation of records

·      ID Marketing Services, which provides database services so our clients can better understand, target and retain their customers and offers accurate and up-to-date identity information for their contact strategies 

·      ID Tracing Services, which provides the largest and most accurate picture of the UK's population and properties in order to locate and contact the right individual, first time

This enables our clients to make informed business decisions based on a thorough knowledge of consumer identity and behaviour, leading to more effective communication and interaction with the customer.

GB Group is listed on the London Stock Exchange (GBG). For more information, please visit GB Group's website: www.gb.co.uk

GB Group - because identity matters® 

 

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