Neeraj Kapur brings over 20 years of experience in senior leadership roles across retail, corporate, and SME banking.
Most recently, he served as CFO of the FTSE 250 company Vanquis Banking Group plc, formerly known as Provident Financial plc. He has held key executive and board positions at Secure Trust Bank plc, which went public on the LSE in 2016. With qualifications as a chartered banker and chartered accountant, having started his career with Arthur Andersen three decades ago, Kapur possesses extensive expertise in mergers and acquisitions, transformation, and business development, which will serve him well in his new role at CAB Payments.
Kapur steps into the CEO position after Bhairav Trivedi, who departed in March following the release of CAB’s annual results. Trivedi will continue to offer his expertise as a senior adviser to the board while remaining a shareholder of CAB Payments.
CAB Payments Holdings PLC is the holding company of Crown Agents Bank (CAB), a UK-regulated foreign exchange and payments service provider, specializing in global FX and cross-border payments for challenging markets.
Ann Cairns, chair of CAB Payments, expressed her satisfaction with Kapur’s appointment, stating, “I am delighted that Neeraj is confirmed as CEO of the Group. He is an experienced PLC director with the right skills to take the business forward. He brings a lot of passion and energy to the role. I would like to thank Bhairav for driving the success of the business to date. The Board looks forward to working with him in his new role.”
Neeraj Kapur, the new CEO of CAB Payments, stated, “I am thrilled to be confirmed as Group CEO of CAB Payments Holdings and Crown Agents Bank. I would like to thank Bhairav for ensuring a smooth transition in recent weeks. I took this role because I strongly believe in the Group’s mission and its long-term potential, particularly in delivering international aid to underserved markets. Its structural significance in global payments is evident, as it facilitates approximately £14 billion of wholesale flows into emerging markets. The success we’ve seen so far has been remarkable, and I am eager to collaborate with my executive team to seize the unique growth opportunities ahead, execute our strategy, and fulfill our mission in areas where it is critically needed.”