Mobile-enabling technology provider Mfuse has announced the appointment of Bob Holt as Non-executive Chairman. Holts appointment follows that of Mark Blandford, the founder of Sportingbet, the online betting company, who joined Mfuse recently as a Non-executive Director.
Holt is Chairman and Chief Executive of Mears Group, in which he acquired a controlling interest prior to its flotation in October 1996. He has a 27-year track record in developing support service businesses, initially in a financial capacity and subsequently in general management.
In addition to his work with Mears Group, Holt spent three years as a non-executive director of Sportingbet. He is currently Chairman of Wyatt Group PLC, the AIM-listed investment company. He is also a director of Unicorn Asset Management and RRF, the investment fund.
Mfuse was incorporated in 2002 to offer clients a reliable and secure way to play, pay and transact using any mobile device. Specifically, its aim is to enable businesses to deploy mobile transactional services across multiple devices and in multiple territories.
By strengthening the Board and adding Bobs significant experience, it bodes well for the future and is illustrative of our ambition to become the leading operator in the mobile-enabling sector, says Mfuse Chief Executive, Marcus Wareham. Bob has a wealth of corporate knowledge and understanding that will be extremely beneficial to us. We are very pleased that he participated in the recent funding round and the Board looks forward to working with him as Mfuse continues to grow and expand its offering.