ISX Financial EU Plc Announces Ajay Treon's Appointment as CEO of the Board of Directors

ISX Financial EU Plc Welcomes Ajay Treon as CEO of the Board

ISX Financial EU Plc, a leading electronic money institution authorized by the EEA and a provider of banking technology services, has announced the appointment of Ajay Treon as the Chief Executive Officer of the Board of Directors. The news comes after the approval from the Central Bank of Cyprus, the local regulatory authority.

Experienced Leadership

With an impressive career spanning over 25 years in the banking sector, Ajay Treon has cultivated his expertise through roles at renowned institutions such as Lloyds Banking Group, Lehman Brothers, Dresdner Kleinwort Investment Bank, and Credit Suisse. His extensive financial management, strategic planning, and risk mitigation skills are backed by a robust background in fintech, enhancing ISX's adaptability in the dynamic financial landscape.

Since taking on the role of Group CFO in July 2023, Treon has been instrumental in steering the company's profitability and implementing strict cost discipline. Under his leadership, ISX achieved record performance in 2024 and demonstrated resilience throughout 2025, significantly strengthening its equity and net assets while maintaining solid EBITDA margins. His commitments to innovation and technology investment have put ISX on a path to sustained growth.

Board Endorsement

Takis Taoushanis, Chairman of the Board at ISX, praised Treon’s appointment, emphasizing its importance for financial oversight and risk management at a time when settlement infrastructure and capital discipline are critical for execution. “His vast experience at top institutions and contributions to ISX's recent successes make him an invaluable addition to our Board,” stated Taoushanis.

Treon himself expressed great enthusiasm about joining the Board, pledging his full commitment to advancing the company’s strategic priorities, strengthening capital resilience, and enhancing transaction banking capabilities. “Our focus remains on achieving consistent, profitable growth through operational discipline and transparent reporting as we execute our expanding product portfolio and market strategy,” he remarked.

Future Directions

The CEO’s insights were further supported by Nikogiannis Karantzis, General Manager and CEO of ISX, who noted, “Treon’s induction formalizes the financial and risk discipline increasingly woven into ISX's fabric, supporting our execution strategy as we expand transaction banking and open banking services across the EU and the UK.”

About ISX Financial EU Plc

Based in Nicosia, ISX Financial EU Plc is at the forefront of EEA banking technology, licensed as an Electronic Money Institution by the Central Bank of Cyprus and regulated by the Financial Conduct Authority (FCA) in the UK. For further information, visit www.isx.financial.