A major leadership transition has taken place within Alpha Group International, with Clive Kahn assuming the position of Chief Executive Officer, effective January 1, 2025. This shift follows the resignation of Morgan Tillbrook from the role on December 31, 2024.
Kahn’s promotion to CEO was anticipated, having been public knowledge since the board’s announcement in September 2024 regarding the planned succession. He previously served as the Chairman of the company, a role he held for nearly eight years before stepping down on November 1, 2024, in order to transition into his new position. Dame Jayne-Anne Gadhia has taken over the Chair role.
Bringing over thirty years of expertise in the financial services sector, Kahn is well-versed in the operations and strategic vision of Alpha Group. Before his stint as Chairman, he was the CEO of takepayments, a company he divested in April 2023 when it was acquired by Global Payments. His earlier career highlights include leading Cardsave, a payment solutions provider, for seven years, as well as holding significant leadership roles at Travelex, where he was both the Chief Financial Officer and later the CEO for more than two decades.
Regarding shareholding, Kahn possesses a 0.83 percent stake in Alpha Group, with expectations of a meaningful increase in that percentage following his new role. Morgan Tillbrook will remain with the company in an advisory capacity, providing strategic insights and guidance while retaining a minimum of 10 percent ownership of company shares for at least three years. During his tenure, which lasted approximately 16 years, the company saw substantial growth in revenue and profit, demonstrating a significant expansion of the client base. Furthermore, under Tillbrook’s leadership, a notable £20 million share buyback program was initiated to bolster the company’s cash reserves.
This leadership change marks a notable moment in Alpha Group’s ongoing development, and the transition appears set to maintain the company’s momentum in the financial services landscape.