Payment solutions and fintech company, RC365, has announced the appointment of Vincent Cheung as its new chief financial officer (CFO).

Cheung will also become an executive director at the firm.

RC365 confirmed that Cheung will replace Timothy Tang, who has stepped down from his role as CFO and a director of the company with immediate effect to pursue other interests.

Cheung has more than 20 years of operational and financial leadership experience in banking and payment solutions. He joined RC365 as CFO of the group's primary operating entity in 2018 and became CFO and an executive director of the company upon its IPO on the London Stock Exchange.

In August 2022, he stepped down from his CFO and director positions, but remained with the group as part of the finance team.

RC365 CEO, Michael Law, said: “We are delighted to welcome Vincent back to the board of RC365 and as CFO. He has been a core part of our finance team for many years and we look forward to benefiting from his wealth of experience and expertise.

“I would also like to take this opportunity, on behalf of the board, to thank Timothy for his contribution to our development over the past four years and we wish him all the best for the future.”

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