Financial services provider payabl. on Wednesday announced that it has appointed Marios Tsiailis as its new group chief financial officer (CFO).
According to the announcement, Tsiailis has “a strong track record in professional services, where he excelled in corporate finance and strategic planning”.
“Marios steps into this role to drive initiatives aimed at optimising payabl.’s financial framework and fostering sustainable growth,” the announcement added.
Moreover, the company noted that Tsiailis has more than a decade of experience in finance, having held various leadership positions at PwC Cyprus and PwC UK, most recently as Director in the Deals division at PwC Cyprus.
The announcement mentioned that “his expertise in budgeting, financial planning, and corporate finance, along with managing diverse teams and complex projects, positions him as an ideal CFO for payabl”.
It further stated that “with a strong understanding of the financial landscape across multiple sectors, Marios will collaborate with the C-suite to drive strategic initiatives, enhance financial performance, and support the company’s continued growth and success”.
“We are thrilled to welcome Marios Tsiailis as our new Group CFO,” said Ugne Buraciene, Group CEO of payabl.
“It’s a really exciting time for us, and as we continue to expand, we aim to accelerate our sustainable growth,” she added, noting that “Marios’ experience and vision will be invaluable as we continue to innovate and enhance our business”.
Tsiailis himself stated that he is “honoured to be taking on this new role at payabl., and incredibly excited to play an integral role in the continued success of the business”.
“payabl. is currently on a strong growth trajectory, making it crucial to maintain a healthy financial environment,” he added.
“This stability will not only support our ongoing expansion but also enable us to seize new opportunities and navigate potential challenges effectively,” Tsiailis concluded.
Finally, the company stated that “with this appointment, payabl. reinforces its focus on building a leadership team equipped to navigate the complexities of the evolving financial technology landscape”.
