Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
LONDON - Argentex Group PLC (AIM:AGFX), a UK-based foreign exchange service provider, has announced significant changes to its board of directors following the company’s recent acquisition developments. The reshuffle, effective as of last Friday, comes in the wake of the recommended acquisition of Argentex by IFX Payments, disclosed on April 25, 2025.
In a move to optimize board efficiency, four non-executive directors—Henry Beckwith, Lord Digby Jones, Rina Ladva, and Jeff Parker—resigned from their positions last Friday. Guy Rudolph, the Chief Financial Officer, also tendered his resignation on the same day but will remain in his role throughout the six-month notice period.
Subsequent to the due diligence process, Tim Rudman has been appointed to the board as of Monday. With these changes, the board now comprises Nigel Railton as the non-executive chairman, Jonathan Gray as the senior independent non-executive director, Tim Haldenby as an independent non-executive director, and Tim Rudman serving as Chief Executive Officer.
Nigel Railton expressed gratitude towards the departing members for their contributions and expertise, acknowledging the valuable perspectives they brought to the company during their tenure. He wished them well in their future endeavors.
The restructuring of Argentex’s board is part of the broader integration and consolidation efforts following the acquisition. The information is based on a press release statement from Argentex Group PLC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.