Nium, the worldwide chief in real-time cross-border funds, immediately introduced the appointment of Spencer Hanlon to the position of Chief Working Officer (COO). Beforehand, Hanlon served as Nium’s International Head of Journey, spearheading one of many firm’s fastest-growing enterprise items. Hanlon joined Nium in 2021 by way of the acquisition of Ixaris Group Ltd., the place he served as Chairman.
In his new position as COO, Hanlon will lead and scale Nium’s day-to-day operations into its subsequent part of progress, with specific emphasis on new shopper onboarding, world technical companies, and long-term strategic initiatives. He’ll report back to Nium’s Founder and CEO, Prajit Nanu.
“Spencer has been an integral a part of Nium for the previous three years, demonstrating distinctive cross-functional management and a deep understanding of what it takes to scale,” mentioned Nanu. “Appointing Spencer to COO was a pure choice. His imaginative and prescient and dedication have been invaluable to our success, and I’m assured that beneath his management, we are going to proceed to attain excellent outcomes.”
Primarily based out of London, Hanlon constructed the journey enterprise at Nium, rising it from a regional participant to one of many world’s main issuers of digital playing cards. Just lately, Nium introduced yr over yr (2022 to 2023) income progress of 100% in digital playing cards in Asia, a strategic precedence marketplace for the corporate.
Commenting on the appointment, Hanlon mentioned, “Throughout the three years I’ve been with Nium, I’ve witnessed first-hand the success of this forward-thinking acquisition, because it blossomed right into a key a part of this unimaginable cross-border funds scale-up. Now to have the chance to steer extremely devoted, clever, and fun-loving groups throughout the globe, inside one of many world’s most admired fintechs, is each an unimaginable honour and reason behind actual pleasure for me. To that finish, I’ve the clear transient to proceed to make every thing we do right here at Nium all concerning the buyer. Actually, I can’t wait to get began.”
Previous to becoming a member of Nium, Hanlon held numerous management positions with British Airways over the course of a decade. He has labored and lived in a number of markets, together with the UK, Taiwan, Malaysia, Switzerland, Israel and Turkey. He furthered his profession in journey funds with nearly twenty years at Lufthansa’s AirPlus Worldwide the place he led groups in gross sales, advertising, processing, operations, and buyer companies – culminating in a stint as Managing Director and COO of AirPlus Worldwide GmbH – primarily based out of their headquarters in Frankfurt, Germany.
Nium is assured that Hanlon’s appointment will additional strengthen the corporate’s management group and improve its means to ship distinctive worth to its prospects, companions, and stakeholders.
Hanlon succeeds Pratik Gandhi, who joined the corporate in 2016 and took over as Nium’s COO in 2019. Gandhi will transfer away from his working position within the firm by the tip of this yr and can proceed to be related to Nium as Co-founder Emeritus and advisor to Nium’s CEO.
“I’m happy with the expansion and success we’ve achieved collectively and are actually at a essential inflection level,” mentioned Gandhi. “It has been an thrilling journey navigating by complexities of progress and scale, and I’m assured that the corporate will proceed to thrive beneath Spencer’s management.”
“Pratik has been key to Nium’s success. He has been my associate in constructing this firm for the previous eight years and it’s troublesome to explain his contribution in mere phrases,” mentioned Nanu. “Throughout his time at Nium, Pratik created a tradition of excellence, constructing a number of features from the bottom up. I, and the whole group right here at Nium, proceed to be excited to see what he’ll accomplish subsequent.”
