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cloudBuy's CFO to also assume COO duties

The current COO, Jonny Holden, has expressed a desire to return to financial services

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Holden was instrumental in developing cloudBuy's relationship with VISA

David Gibbon, chief financial officer of e-commerce software specialist cloudBuy PLC (LON:CBUY) is to also take on the duties of chief operating officer (COO).

The current COO, Jonny Holden, will stick around for a hand-over period before leaving on 11 August.

"Jonny has been instrumental in developing our relationship with VISA and associated banks who have been a productive source of revenue and sales leads. He leaves with our best wishes having indicated a desire to return to a career in financial services," said Ronald Duncan, chairman of cloudBuy.

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