ASX CIO Tim Thurman returns home to Canada as Chief Digital Officer at payments provider Paysafe


Payments services company Paysafe Group Plc (LON:PAYS) has announced that it has appointed digital technology innovator Tim Thurman as its Chief Digital Officer, reporting to Paysafe President and CEO Joel Leonoff. Thurman, who will join the company on March 27, will be responsible for driving the development and deployment of Paysafe’s digital technology capabilities across its platforms and payment solutions for businesses and consumers globally.

Paysafe operates the Skrill and NETELLER online payments brands.

With more than 20 years’ technology experience, Thurman will join Paysafe from the Australian Securities Exchange (ASX), a world-leading financial market exchange running one of the largest data centers in Australia, where he served as Chief Information Officer for the past five years. Thurman was instrumental in defining and executing the ASX Technology Transformation Strategy. Before his move to Paysafe, Thurman Chaired the Government Advisory Board for the New South Wales Data Analytics Centre (DAC). He provided leadership and technical guidance to the DAC to ensure data sharing between the government agencies was efficient and strategic. In November 2016, Thurman was recognised as a top-three CIO in the inaugural CIO50 list for the country.

The move to Paysafe, where Thurman will be based in Montreal, is something of a homecoming for the Canadian national. Prior to ASX, Thurman was Head of Information Technology at Credit Suisse Canada. Thurman has also served as Head of Client Development and Sales at Alpha Trading Systems and as VP and Director, Alternative Execution Group at investment business TD Newcrest. TD Newcrest was part of TD Securities and owned by TD, one of the largest banks in Canada. Thurman has also held executive positions with the Toronto Stock Exchange and several positions with IBM Global Services.

Paysafe President and CEO Joel Leonoff said:

From a technology perspective we are focused on building the future of payments, creating the next generation of payment platforms and technology capabilities to connect businesses and consumers around the world with frictionless, borderless and empowering digital solutions. As a proven leader in digital transformation projects at scale, Tim’s technology, product and commercial expertise, make him the ideal person to take our digital payments development to the next level and cement Paysafe’s pioneering technology leadership.

Thurman, who will be based in Paysafe’s Montreal office, added:

Paysafe has been at the forefront of transforming the payments landscape for many years. I am delighted to be joining the payments group at such an exciting time and look forward to working with Joel and the Paysafe teams around the world to help drive the evolution of the online and digital payments business.

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ASX CIO Tim Thurman returns home to Canada as Chief Digital Officer at payments provider Paysafe

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