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LONDON (Alliance News) - Bango PLC on Wednesday said it appointed Paul Larbey as chief operating officer, a newly-created role, to drive the company's growing plans.
Bango shares were trading up 9.9% at 89.00 pence each on Wednesday. Bango provides payment services for mobile app stores.
Larbey will be directly responsible for the Operations, Customer Delivery and Customer Success teams, to scale the newly-launched Bango Marketplace product, the company explained.
The new product sees Bango evolve from a mobile payment to mobile commerce platform, Bango explained.
"With over 20 years of experience in the Telecoms market, having held leadership positions in Cray Communications, Lucent, Alcatel-Lucent and Nokia, Paul has a strong track record of successfully bringing new technologies to market," Bango said.
Larbey joins the company after having been chief executive officer at Velocix, where he remains a non-executive director.
