AFEX’s Rapid Growth in Australia Spurs Strategic Hires

Client base nearly doubles over course of two years, on-going annual growth near 50%

SYDNEY--()--AFEX, one of the world’s largest non-bank providers of global payment and risk management solutions, announced three strategic hires in Australia this morning to support its explosive growth in this key market. AFEX now services nearly 8,000 clients from offices in Melbourne, Perth and Sydney, up from 4,000 in 2012, catering to a broad swathe of clients in the agriculture, energy, and mineral industries in particular.

The hires include Justin Dooley, Options Account Executive and Jodie Gwynn-Jones, Enterprise Account Executive, both based in the Sydney office. Darren Tomich has also been appointed as an Options Account Executive in the Melbourne office. The trio bring a wealth of experience from major banks and FX institutions, including the likes of Travelex, Western Union and the Commonwealth Bank of Australia. They will focus on continuing to deliver AFEX’s signature high-touch, dedicated service to its expanding roster of clients in the world’s 12th largest economy.

“These strategic hires bring more than 50 years of combined industry experience to AFEX and their knowledge of the payments and FX landscape in Australia will serve clients well,” said AFEX CEO Jan Vlietstra. “It’s an exciting period of growth for AFEX in the Asia-Pacific region and we’re happy to welcome this talent into the fold.”

AFEX opened the first of three Australian offices in Sydney in 2005, with Perth and Melbourne following in 2009 and 2011 respectively. Australia has a large import and export base, which requires companies operating on a global scale to secure the sophisticated payment and tailored risk management expertise AFEX is renowned for.

“Since 2005 we’ve been delivering our signature payment and risk management solutions to Australian companies engaged in cross-border commerce,” said Richard Poulton, AFEX’s Asia Pacific General Manager. “AFEX maintains the same high standard of client service and support today and we’re proud to have Darren, Jodie and Justin continue that legacy while eyeing future growth in the Asia Pacific region.”

About AFEX

Established in 1979, AFEX is a leading global payment and risk management solutions provider that specializes in cross-border transactions and provides market expertise and unrivalled customer service for businesses and private clients. With a client base of over 22,000 active commercial customers worldwide, AFEX prides itself on tailoring its payment and foreign exchange services to meet its clients’ needs. AFEX’s online payment platform - AFEXDirect provides clients with one consolidated overview of their currency exposure and makes it easy for companies to manage international invoices. AFEX maintains offices across the United States, Australia, Europe, Middle East and Asia.

To find out more, please visit www.afex.com.

Contacts

Honner Media
Karin Chiu, +61 2 8248 3744
karin@honnermedia.com.au

Release Summary

AFEX announced three strategic hires in Australia this morning to support its explosive growth in this key market.

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Contacts

Honner Media
Karin Chiu, +61 2 8248 3744
karin@honnermedia.com.au