Payabl hires new deputy group CEO

Payment platform payabl. has hired current group chief corporate officer at the firm Christia Evagorou Papamichael as its new deputy group chief executive.

Papamichael joined payabl. in 2024 where she was tasked with boosting the group’s corporate functions, leading operations across legal, compliance, risk, finance, and HR.

Established in 2011, payabl. offers a comprehensive range of payment products, including card acquiring, business accounts, and integration to over 300 local payment methods, and POS terminals.

Previously, P worked at PwC Cyprus, where she held the role of director from 2021 after six years as a senior manager at the firm.

From 2014 to 2015, she worked as manager, M&A and tax at KPMG UK.

In her expanded role, Papamichael will work closely with group chief executive Ugne Buraciene and the board to support the firm's continued growth in Europe and beyond.

The company said Papamichael will continue as group chief corporate officer while assuming a broader leadership position focused on the strategic execution and long-term direction of the company.

Buraciene said that Papamichael has been “instrumental” in shaping the operational backbone of payabl.

“Her strategic mindset, integrity, and deep understanding of governance make her the ideal partner as we expand our footprint while staying true to the highest regulatory standards,” she added.

Last week, ClearBank announced a partnership payabl. to expand UK payment services and enhance security for businesses with embedded finance services.

Through the partnership, payabl. will provide businesses with access to all payment schemes, including BACS and CHAPS, in real time.



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