Currencies Direct has appointed Pedro Batista as chief payments officer.

The newly created role will see him lead the organisation’s payments strategy, managing banking relationships and the delivery of new payment solutions.

Batista joins Currencies Direct having spent more than 10 years working in banks and FinTechs, most recently during a three-year stint as director of banking at Optal, where he led developed payment solutions to support global payment product launches. Prior to this, he served at Currencycloud and Bank of America Merrill Lynch.

A company statement explained that Batista will oversee a programme of development to support Currencies Direct’s "aggressive growth and innovation agenda".

Chief operating officer Leo Markides commented: "Pedro will be instrumental in delivering initiatives that materially benefit our customers and set the standard for the rest of the industry, while ensuring that all relevant regulatory requirements are met.”

Batista commented: “I look forward to working with the team to drive forward a modern banking infrastructure and a number of ground-breaking initiatives that will further enhance Currencies Direct’s value proposition.

"The organisation’s overarching ethos of balancing innovation with high quality customer service makes it very unique in the space and provides it with a springboard for further growth in the future.”

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