SH Payments hires Irmantas Kamienas as new CEO to drive expansion

Lithuanian paytech SH Payments has appointed Irmantas Kamienas as its new CEO.

SH Payments CEO Irmantas Kamienas

Kamienas joins from European financial group SEB and will be tasked with building out SH Payments’ client portfolio as well as expanding the company’s European footprint.

SH Payments is an electronic money institution (EMI) that provides payment services ranging from spot FX to international cross-border payments, offering multi-currency bank accounts and supporting more than 20 currencies.

CEO Kamienas says he is joining the company at a time when “so many European businesses are hungry for expansion following the challenges of the Covid-19 pandemic”.

Kamienas adds the company is “committed to helping SMEs plan for growth”.

SH Payments has also appointed Philippe Werner as managing director. Werner joins the company from Dutch multinational ABN Amro Bank, where he served as a corporate banker in the firm’s London, Amsterdam and Singapore offices.

At ABN Amro, he managed a portfolio of international payment service providers, fintech clients and FX brokers, and led a team tackling matters such as Brexit, international regulation and product development.

Kevin von Neuschatz, CEO of SH Payments’ parent company Stanhope Financial Group, says: “Both Philippe and Irmantas bring with them decades of experience in the financial services sector and will enable us to rapidly scale up our SH Payments business and target corporate and retail clients.”