Changes to Committee Composition

RNS Number : 3022F

Wise PLC

18 March 2022

 

Changes to Committee Composition

Wise plc ("Wise"), the global technology company building a better way to move and manage money around the world, today announces a change to the Audit and Risk Committee.

Audit and Risk Committee

Following Terri Duhon's appointment to the Board and Audit and Risk Committee in January, Hooi Ling Tan will now step down from the Audit and Risk Committee, and continue in her roles as Independent Non-Executive Director on the Board and on the Nomination Committee.

The Audit and Risk committee will now comprise Independent Non-Executive Directors Terri Duhon, Clare Gilmartin and Ingo Uytdehaage as Chair.

The Board thanks Hooi Ling Tan for her contributions on the Audit and Risk Committee, and looks forward to her continued contributions on the Board and Nomination Committee.

About Wise

Wise is a global technology company, building the best way to move money around the world. With the Wise account people and businesses can hold over 50 currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too; an entirely new cross-border payments network that will one day power money without borders for everyone, everywhere. However you use the platform, Wise is on a mission to make your life easier and save you money.

Co-founded by Kristo Kärmann and Taavet Hinrikus, Wise launched in 2011 under its original name TransferWise. It is one of the world's fastest growing tech companies and is listed on the London Stock Exchange under the ticker, WISE.

Over 11 million people and businesses have used Wise since it was founded. Today we process over £6 billion in cross-border transactions every month, saving customers over £1 billion a year.

 

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