Adyen Appoints Tom Adams As Its Chief Technology Officer

Financial technology firm, Adyen has announced the appointment of Ton Adams as its new Chief Technology Officer. According to the announcement, Adams will be taking up the role to help with the innovation and expansion of the platform. Adyen is based in Amsterdam and integrates data, payments, and financial products.

The new change of role is coming as the company’s long-term Chief Technology Officer, Alexander Matthew, is preparing to resign from the role. Matthew has been handling the role for the past 10 years. He expressed confidence that the addition of Adam to the management team will propel the company to achieve greater things ahead.

Adams worked as Head Of Engineering At Cash App

Adyen’s Founder and Chief Executive Officer, Pieter Van Does, commented on the development. He stated that the appointment of Adams in the new role is notable progress for the company, considering that Adams has been in the fintech industry for the past decade. Pieter said he has confidence in Adams’s experience and expertise to help the company achieve its technological vision.

The founder added that the financial technology sector is a complex one and experts in the industry are needed to navigate the tricky waters. With Adam’s expertise in growing and leading a top engineering organization, the firm is looking forward to his contributions to its advancements and overall operational expansion.

Adams is coming to Adyen with his wealth of experience at Cash App. There, he was the firm’s Head of Engineering. Following his appointment at Adyen, Adams will be responsible for overseeing the technological and strategic direction of the company. He will manage Adyen’s integrated platform, making it user-friendly and responsible for the needs of users on the platform.

Adyen Expands Operations To India

While the Dutch Central Bank has granted approval for Adam’s new role at Adyen, he will start carrying out his duty only after receiving the green light from the shareholders. Such approval could be granted at the next Extraordinary General Meeting (EGM)

Adams has commented about the appointment, thanking Adyen for an opportunity to work with the team at the firm.

He said the financial services industry has more is seeing more digitalization of resources and platforms. As a result, it offers more opportunities for companies that want to embrace more digitalization. Adams said he is excited about the opportunity and the chance to continue executing Adyen’s long-term growth plans.

The appointment comes following Adyen’s recent expansion in India. The firm recently received a license from the Reserve Bank of India (RBI) to operate as an online payment service.