Moneycorp, a leading cross-border payments company, today announced that Velizar Tarashev has been appointed as its new Chief Executive Officer (CEO). Tarashev will succeed Mark Horgan, who will step down after 12 years in the role.
Tarashev has been with Moneycorp since February 2021, serving as Chief Financial Officer (CFO). He has over 20 years of international strategic and operational experience for global banks and consultancies in the UK and the US. Prior to joining Moneycorp, Tarashev spent 13 years at Barclays, where he held a variety of leadership roles, including CFO for Barclays Private Bank and CFO for the Operations and Technology division.
"I am delighted to be appointed as the new CEO of Moneycorp," said Tarashev. "I am incredibly proud of what we have achieved as a team over the past few years, and I am excited to lead the company into its next phase of growth. I would like to thank Mark for his outstanding leadership and dedication to Moneycorp, and I look forward to working with him as we continue to build on the company's success."
Horgan said, "I am very proud of what we have achieved at Moneycorp over the past 12 years. I am confident that Velizar is the right person to lead the company into its next phase of growth. He has a deep understanding of our business and the industry, and he is a proven leader with a strong track record of success. I wish him all the best in his new role."
