AFEX Announces Strategic Hire in SW Ontario

AFEX, one of the world’s largest non-bank providers of foreign currency and risk management solutions, has announced the appointment of Mike Elliott as Regional Director, Southwestern Ontario. Known as the Silicon Valley of the North, Kitchener/Waterloo is a tech-heavy market, combined with a strong manufacturing and agriculture base, home to many businesses that rely on import and export, and a key market in Canada.

As part of the company’s expansion in Canada, Mike will be leading the newly established AFEX office in Southwestern Ontario. He brings more than 25 years of industry experience, previously serving in senior sales and management roles with Western Union Business Solutions, Custom House Foreign Exchange, and Travelex Global Business Payments.

“We are delighted that Mike is joining the AFEX team,” said Jay Fischbach, Country Manager, Canada at AFEX. “His expertise in the global payments industry will prove invaluable to our clients in Southwestern Ontario, as they address their global payment, treasury and risk management needs.”

In 2014, AFEX acquired both Jameson Bank’s FX business and GFX Partners, a payment and foreign exchange company headquartered in Toronto, Canada. These acquisitions have provided an entry into robust industries located throughout Canada, such as energy, mining, agriculture and manufacturing.

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 24,000 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 Americas, Europe and Asia Pacific.

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