Management

Michel Akkermans Co-founder, CEO & Chairman

Michel Akkermans is Chairman and CEO of Clear2Pay, an innovative e-finance company focused on delivering globally applicable solutions for secure, timely electronic payments. Headquartered in Brussels, Belgium, with offices in the Netherlands, Spain, United Kingdom, United States, China, Singapore and Australia, the company's focus is to facilitate banks and financial organisations in their provision of electronic payments services.

A proven pioneer in the world of e-finance, in 1989 Michel founded FICS, a leading software provider in the field of online banking and regulatory financial reporting. Under his leadership as Chairman and CEO, FICS grew to employ over 700 employees worldwide and achieved revenues in excess of USD 70 million. In 1999 FICS, together with Edify and Vertical One, merged with Security First Technologies, creating the market leader in Internet banking - S1 Corporation (Nasdaq: SONE), with Michel as its Chairman. Michel and his team brought S1 over 600 clients and the ability to deliver across a wide range of alternative distribution channels and devices, including the Internet, wireless, PDAs, and electronic purses.

Michel holds an M.Sc. in electronic engineering and computer sciences and a degree in economics & finance from the University of Leuven in Belgium. Prior to founding FICS, Michel held management positions at a series of international banks, including Morgan Guaranty Trust and Continental Bank, and subsequently for international consulting companies. A visionary in new financial dynamics, Michel is a frequent keynote speaker at industry-led events.

In addition to his chief executive role at Clear2Pay, Michel is advisor at the venture capital fund Gimv, and holds board positions at a number of companies, including Approach, an ICT services provider, the listed “privak” Quest for Growth, a Belgium private equity investment fund, at Vanbreda International, a services company active in the area of brokerage, risk management, consultancy and specialised in the field of international employee benefits, and also at Agfa-Gevaert since April 2008. He was also a former director of Euronext listed Gemplus (now Gemalto), Capco and US based Proficient.

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