Prepay Nation promotes Paolo Montessori to CEO

KUALA LUMPUR, Jan 5 (Bernama) -- Prepay Nation, a leading global business-to-business (B2B) prepaid products marketplace, has appointed Paolo Montessori as new chief executive officer (CEO), succeeding A.J. Hanna, effective this month.

After over three and a half years at Prepay Nation, Hanna vacated his role as CEO and chairman by Dec 31, 2022, and continues to support the transition as special adviser to the board of directors and the newly appointed CEO.

In a statement, Prepay Nation said Montessori's primary goals as CEO would be to strengthen Prepay Nation's financial position and solid foundation of assets, including a worldwide interconnected distribution network and place, as well as to accelerate the company's growth plans and expand its payment alternatives.

“Being selected to lead such a well-respected organisation as Prepay Nation, a global technology and prepaid global marketplace, serving more than 150 countries and over five billion users is a great honour and a tremendously exciting opportunity.

“I look forward to leading the team at Prepay Nation and working together to chart a future of growth, creating value for our shareholders while supplying essential prepaid services to our global audience,” said Montessori.

Montessori joined Prepay Nation in October 2021 as the chief revenue officer and throughout his more than 25-year career, has established a solid record of accomplishments leading telecom and financial services firms on a wide range of strategic and business-building possibilities during a time of constant evolution in the financial services and payments world.

Prepay Nation boasts an operational presence in 150 plus countries, with more than 600 mobile operator’s partnerships across more than 300,000 retail locations – backed by a globally distributed team in the United States, Canada, Asia, Europe and the Middle East.

-- BERNAMA