Directors' Biographies
Peter Harvey
Non-Executive Chairman
Peter was formerly Chief Executive of UK Business Banking at Barclays Bank PLC and Vice Chairman of UK Banking at Barclays. Prior to these roles, Peter held a number of senior management positions during his 33 years with Barclays, including Group Customer Services Director and Managing Director of Larger Businesses where he was responsible for relationship management of Barclays Customers across Europe.
Peter sits on the Audit, Remuneration and Nomination Committees.
Roger Alexander
Non-Executive Director
Roger has held senior roles in the financial services and payment industry and most recently was Chief Executive Officer of Elavon, formerly euroConex Technologies Ltd, a European Acquirer. Prior to leading Elavon, Roger was Chief Executive Officer of S2 Card Services Limited, which operates the UK’s major debit card scheme ‘Maestro’ (formerly known as ‘Switch’). Roger’s other roles have included three years as a partner with Edgar, Dunn and Company Ltd and Managing Director of Emerging Markets at Barclays where he spent 31 year. His career at Barclays also included six years as a Director of Barclaycard.
Roger sits on the Audit, Remuneration and Nomination Committees.
Ian Price
Chief Executive
Ian has an extensive background in payments and telecommunications. He was previously Managing Director of Digital Payments Limited, a joint venture led by Voca Limited providing pre-pay topup solutions to mobile operators and whose customers included Carphone Warehouse and Vodafone. Before this he had a lengthy career with BT Group, including acting as founding Chief Executive of BT click&buy, BT Retail’s successful online payment venture, launching BT Answer 1571 and leading the co-marketing agreement with BSkyB.
Michael Hawkes
Research and Technology Director
Mike is the inventor of the Protocol and has strong technical and commercial background. He started his career within the nuclear defence sector working on real-time life-critical command and control systems. Mike moved on to developing broadcast systems and was involved in the production of video transmission of broadcast quality television via the internet. Mike subsequently developed a series of secure technologies for the protection of online users. He is a member of numerous industry panels and is an active contributor to government working groups including the Technology Strategy Board and the Committee for Advertising Practice. Mike is also the commercial director for the Mobile Data Association.
Neale Graham
Non-independent, Non-executive Director
Neale has an extensive background in running telecommunication, software development and marketing organisations. He has run his own companies within the wireless and mobile phone sector for over 20 years. He was also joint founder of the Telecoms Industry Association (TIA) representing the interests of the private telecommunication dealers and launched one of the UK’s first telecom industry trade magazines “Communication Trade News”. Neale is currently an executive director of 2ergo PLC, a significant shareholder in Broca PLC.
Neale sits on the Audit and Nomination Committees.
Barry Sharples
Non-independent, Non-executive Director
After earning professional qualifications as a mechanical and production engineer, Barry’s management experiences are in IT and communications and span engineering, product development, sales and marketing. He and Neale Graham have managed their own communications companies together for over 18 years. Barry is currently an executive director of 2ergo PLC, a significant shareholder in Broca PLC.
Barry sits on the Remuneration and Nomination Committees.
Directors Committees
Remuneration Committee
The Remuneration Committee meets at least once annually and is responsible for setting remuneration for the main Board of Directors and subsidiary company executive directors, together with the terms and conditions of their service contracts. It has access to relevant comparable information in respect of similar businesses. The committee is also responsible for the allocation of options under the Company’s executive share option scheme.
The following directors comprise the remuneration committee.
- Peter Harvey
- Roger Alexander
- Barry Sharples
Audit Committee
The Audit Committee meets at least once annually. It assists the Board in observing its responsibility for ensuring that the Company’s accounting systems provide accurate and timely information and that the Company’s published financial statements represent a true and fair view of the Company’s financial position and its performance in the period under review. The Committee also has responsibility for recommending the appointment, reappointment or removal of the external auditors and for approving the remuneration and terms of engagement of the external auditors. Additionally, the Committee reviews and monitors the external auditor’s independence and objectivity and the provision of non-audit services by the Company’s external auditors.
The following directors comprise the audit committee
- Peter Harvey
- Roger Alexander
- Neale Graham
Nomination Committee
The Nomination Committee meets as required to select and propose suitable candidates for the approval of the Board to fill vacancies or new positions and to make recommendations to the Board on its composition. The Nomination Committee consists of four Non-executive Directors, Peter Harvey, Roger Alexander, Neale Graham and Barry Sharples.