Alpha Group International has announced that Clive Kahn is now the Chief Executive Officer, taking over from Morgan Tillbrook, who stepped down on December 31, 2024. The succession plan had been communicated back in September 2024.
Kahn officially began his role as CEO on January 1, 2025. He has been familiar with the company for several years, having served as its Chairman since 2017 until resigning from that position on November 1, 2024, ahead of schedule to transition to the CEO role. Dame Jayne-Anne Gadhia has assumed the Chair position following Kahn’s departure.
Bringing extensive experience to his new role, Kahn has over thirty years in the financial services sector, particularly within foreign exchange and payment solutions. Before stepping into this new position, he held the CEO title at takepayments, a company that he sold to Global Payments in April 2023. He also led Cardsave, which provided card acceptance and payment solutions, for seven years, and before that, he spent over two decades with Travelex, initially as CFO before being promoted to CEO.
As part of the transition, it was noted that Kahn currently holds a 0.83% stake in the company, with expectations that this share will increase significantly moving forward. Tillbrook, despite his resignation, will remain engaged with Alpha Group in an advisory capacity. He will retain at least 10% of the company’s shares for a minimum of three years.
Under Tillbrook’s leadership over the past 16 years, the company saw considerable growth in revenue and profits. At the same time, initiatives such as a £20 million share buyback program were put into place to enhance cash reserves. This transition marks a significant moment for Alpha Group as it continues to evolve and strengthen its position within the industry.