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New TelcoSwitch chairman

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TelcoSwitch has appointed Ivan Martin as non-executive chairman of the Board, effective immediately.

Martin (pictured above) brings a wealth of relevant experience to the TelcoSwitch Board having spent over 40 years in the technology, software and financial services sectors with both private equity-backed and publicly listed businesses.

Ivan has been chairman of Aptitude Software Group since March 2016 and was chairman of Xceptor until April 2021, an international intelligent automation software business sold by CBPE Capital to Astorg Partners.

In addition to his extensive non-executive experience, Ivan was chief executive officer of Misys Banking and Capital Markets and a board member of Misys. He was also chairman of FDM Group from 2006 to 2019, during which he oversaw the growth and evolution of the group to a FTSE 250 member valued at over £1billion.

Russell Lux, founder and CEO, TelcoSwitch, said, “The Board and I are delighted to make this announcement, with Ivan’s appointment key to our strategic plan following our recent partnership with Queens Park Equity. Ivan is highly regarded in the software-as-a-service market, having guided several fast-growth SaaS businesses, and will be an invaluable counsel as we move forward.”

Martin added, “I am excited to be working with Russell and his team as TelcoSwitch looks to accelerate its growth trajectory. I have been impressed with the management team's ambition, drive, and determination to create a major SaaS Unified Communications market leader. The Board of TelcoSwitch, with the guidance of Queen's Park Equity, is looking forward to helping the team execute on its strategic vision.”