Alfa Financial Software Holdings PLC announced that David Stead has joined the Board as an independent, non-executive director with immediate effect. David spent the early part of his career with KPMG and then The Boots Company, where he served as Finance Director for the main trading division, Boots The Chemists. He was CFO of Dunelm Group plc from 2003 to 2015. Current non-executive appointments include Card Factory plc (since 2014), Joules Group plc (since 2016) and Naked Wines plc (since 2017). David chairs the Audit Committee at Card Factory plc, Naked Wines plc and Joules Group plc, and is senior Non-Executive Director at Joules Group plc. David was also a member of Council at the University of Birmingham from 2015 to 2019, and is a regular facilitator on leadership development programmes run by Windsor Leadership. David will immediately join the Audit and Risk, Remuneration and Nomination committees of the Board and will take over from Karen Slatford as chair of the Remuneration Committee following the announcement of the Company's half-year results.