Luxembourg, 28 May 2020

  • Payconiq International enters a new phase in its path to grow.
  • Stijn Van Brussel to be appointed Chief Operating Officer on 1 June 2020.
  • Jeroen Verrydt will fulfill the role of CEO on an ad interim basis. Together with Stijn Van Brussel and the Supervisory Board he will manage the transition until the management team is complete.
  • This follows the decision of the management team, composed of Duke Prins and Michael Pechner, to step down as of 30 May 2020.

Stijn Van Brussel to be appointed new COO

Stijn Van Brussel will be appointed Chief Operating Officer as of 1 June 2020. Stijn has been working in the financial sector for 13 years and has held similar positions in payment companies, both in Belgium and Luxembourg.

Stijn will work closely together with the Supervisory Board and Jeroen until the management team is complete. ‘It’s a privilege to become part of Payconiq International’s leadership. I look forward to working with a great team of talented people to reinforce Payconiq’s footprint in the Benelux and beyond. Having worked for the Belgian Bancontact Payconiq Company for almost seven years, I’ve witnessed the many ways in which our platform positively impacts consumers and merchants’ lives, while helping the banks stay relevant in a highly competitive market. Our focus will remain on serving our customers and other stakeholders, to deliver long-term growth and value creation. I would like to thank Mark Buitenhek and the Supervisory Board for their support and efforts to ensure a smooth leadership transition’, he said.

With over 25 years of experience in the financial sector – IT, operations and payments – as a business executive, Jeroen Verrydt will step in as interim-CEO. His role will be to help the leadership team further strengthen the organisation and execute the strategy to explore new opportunities in existing and new markets across Europe.

A new phase of growth

Duke Prins (CEO) and Michael Pechner (COO) have decided to step down and leave the floor to a new management team to take Payconiq International to the next level.

Duke Prins: ‘We have managed to take Payconiq International from a start-up to an international scale-up. We expanded in Belgium and Luxembourg, launched a green-field venture in the Netherlandsand became the first PIS licensed payment institution in Luxembourg.

Michael Pechner: ‘It’s been a tremendous journey for us. We have been energised by the commitment and hard work of our people, and their passion for creating truly client-centric solutions. I am very grateful to them, as I am to Payconiq’s many other stakeholders, with whom we have worked in the past years.

Mark Buitenhek, Chairman of the Supervisory Board: ‘Duke and Michael’s leadership has materially strengthened Payconiq. I would like to thank them on behalf of the Board for their contribution. The new management team, with Stijn Van Brussel and Jeroen Verrydt, inherits a competitive payments company, but also a great team of professionals who are the best in the market. We believe they are ready to take on future challenges and seize new opportunities.’

‘During the transition phase The Supervisory Board will work closely with the new management team to ensure the continuation of the excellent work, he added.

The process to appoint a new CEO, although very advanced at this point, has been delayed due to the Covid-19 confinement.

For more information, contact
Andreea Munteanu (EN, FR)
[email protected]