Wirex Limited Appoints Chet Shah as CEO to Lead Next Growth Phase
Wirex Limited, a UK-regulated payments platform and card issuer, has appointed Chet Shah as its new Chief Executive Officer. This leadership transition follows Shah’s impactful tenure as Chief Risk & Compliance Officer (CRCO), during which he strengthened the company’s risk infrastructure and compliance standards, establishing a solid foundation for future growth.
A Leader for the Future of Payments
Chet Shah’s elevation to CEO marks a new era for Wirex Limited. His extensive commercial acumen and regulatory expertise come at a pivotal moment for the UK payments industry—a sector rapidly evolving with innovation and oversight.
“Chet’s deep understanding of both the regulatory environment and commercial strategy has already made a lasting impact at Wirex Limited,” said Pavel Matveev, Co-Founder of Wirex. “His appointment as CEO is a natural progression.”
Strategic Vision: Five Pillars for Growth
To navigate the dynamic UK financial landscape, Shah has unveiled a bold Strategic Business Plan built around five pillars:
- Strategic Growth – Driving expansion with a focus on scalability
- Customer Service Excellence and Trust – Elevating customer support and transparency
- Regulatory Compliance – Reinforcing Wirex’s reputation for integrity
- Environmental, Social, and Governance (ESG) – Embedding sustainability into operations
- Stakeholder Communication – Enhancing dialogue with customers, regulators, and partners
Each pillar reflects a commitment to creating a secure, innovative, and customer-first ecosystem.
Focus on Sustainable Innovation
Wirex Limited’s next chapter centers on bridging traditional finance with next-gen digital innovation, offering features that meet rising consumer expectations while upholding strict compliance protocols.
Under Shah’s leadership, the company will roll out a Customer Transparency Report and invest in education initiatives to ensure users are informed and empowered.
“My goal is to ensure Wirex becomes the go-to UK EMI for customers,” said Chet Shah, CEO. “We are building a future-ready business that’s safe, sustainable, and strategically aligned with industry needs.”
Chet Shah’s appointment marks a significant milestone in Wirex Limited’s journey. With a renewed focus on innovation, trust, and strategic growth, Wirex is poised to redefine excellence in the UK payments landscape. The leadership shift comes with a clear roadmap for responsible expansion—setting the stage for long-term success.
