IFX Payments Promotes Will Marwick to Chief Executive Officer

Leading global foreign exchange, payment and financial technology provider IFX Payments, announced that Nick Williams will step down from CEO to Executive Chairman after leading the business for 16 years. At the same time, Will Marwick, the company’s COO, will move up to CEO, effective immediately.

According to the company, Williams will devote to maintaining IFX’s high standards of governance and regulatory adherence.

"Having launched IFX 16 years ago, it’s been both exhilarating and satisfying to watch the transformation of the business from an impressive FX brokerage to a transformational fintech company. Now feels like the appropriate time to recalibrate our management structure with this extraordinary period of growth showing no signs of slowing,” stated Williams. 

Marwick’s appointment follows the hugely successful launch of ibanq, IFX’s multi-currency, virtual IBAN account. 

Before arriving at IFX, Marwick worked at Salamanca Group where he spent for over 3 years and served as General Counsel. Prior to the promotion, Marwick joined as Executive Director & Head of Legal in 2018. After a year, he stepped into the role of Chief Operating Officer in 2019. 

​Marwick said: “The launch of ibanq has transformed IFX and promises to revolutionise the whole digital payments experience. ibanq has not only been the engine for our rapid growth this year but as IFX moves into another exciting phase, I am already relishing the promise of helping thousands of businesses realise their potential.”