FICANEX Services Limited Partnership Announces Andrew Obee as President and CEO

LANGLEY, BC, Feb. 4, 2015 /CNW/ - FICANEX Services Limited Partnership, (FICANEX^®) announced today that its Board of Directors has named Andrew Obee as the organization's President and CEO, effective immediately.  As President and CEO, Andrew's primary focus will be to build on the successes of the organization to date and identify strategic opportunities for future growth.

FICANEX^®is the operator of THE EXCHANGE^® ATM Network in Canada, a shared services network that permits surcharge-free cash withdrawals, PIN changes, and inter-institutional deposits at ATMs across the country, along with access to ATM and POS services (via the ACCEL^® network) in the USA.   THE EXCHANGE^® network consists of over 170 financial institution members offering surcharge-free access to more than 4 million cardholders on over 2,500 ATMs nationwide. 

"The board is delighted to appoint Andrew as the organization's chief executive as we continue to evolve FICANEX^®'s value proposition and adapt to the changing world of payments", stated Chris Goodman, Chair of the Board. "As an innovator in the Canadian financial services sector, we recognized the need to have a senior strategic leader to drive the organization forward.  I speak for our entire board when I say we are excited by the thought leadership Andrew will bring to the future of FICANEX^® and to the members of THE EXCHANGE^® network.

Mr. Obee has worked in the financial services industry for the past 16 years, most recently as General Manager, Financial Institutions at DC Payments Inc. and Senior Vice-President, Operations and Technology at Threshold Financial Technologies Inc. (acquired in late 2013 by DC Payments). Prior to Threshold, he was Vice-President, Operations and Administration at Meridian Credit Union. Andrew holds a Bachelor of Science degree from the University of Toronto and a Master of Business Administration degree from Queens University.

"It is truly an honour to have been selected to lead FICANEX^® at a pivotal time in the payments industry, where the pace of change is greater than ever.   I have worked with FICANEX^® for many years, and it has proven itself as a very capable operator", said Obee. "There is still tremendous potential and I look forward to helping position the organization to offer a greater breadth of products and services to our customers and thus, enhance the value we deliver".

About FICANEX Services

FICANEX^® is a limited partnership formed under the laws of the Province of British Columbia.  FICANEX^® manages The Canadian EXCHANGE^® Network by licensing entitlement to use the intellectual property associated with the Network.  FICANEX^® was formed in 2000 to both secure a brand for existing users and increase the scope through new users of THE EXCHANGE^® Network in Canada.  More information is available at www.TheExchangeNetwork.ca.

SOURCE FICANEX Services Limited Partnership

Image with caption: "FICANEX Services Limited Partnership Announces Andrew Obee as President and CEO (CNW Group/FICANEX Services Limited Partnership)". Image available at: http://photos.newswire.ca/images/download/20150204_C5096_PHOTO_EN_11812.jpg

For further information: Chris Goodman, Chair of the Board, FICANEX Services Limited Partnership, [phone], [email protected]; Andrew Obee, President & CEO, FICANEX Services Limited Partnership, [phone], [email protected]