Banxa Holdings Inc. appointed Patrick Maguire as Chief Financial Officer as of January 25, 2024. Patrick joined the business in October 2023 and his appointment to the role of CFO highlights Banxa's commitment to high quality and timely financial disclosures. Patrick brings a wealth of experience leading finance functions across a wide variety of businesses in the public and private markets.

The Board is confident that under Patrick's stewardship, the finance function will provide the strategic leadership for Banxa to achieve its mission. Sean stepped into the role at a critical juncture and played an invaluable role in the completion of the audits for FY22 and FY23. Sean will return to focusing solely on his role of Chief Operating Officer to guide the business forward.