News & Press

LHV UK Limited (‘LHV UK’ or the ‘Company), a leading Banking Services provider to over 200 fintech and crypto companies, is pleased to announce that Keith Butcher has been appointed to its board of directors as an Independent Non-Executive Director (‘NED’) from 1 May 2022. Keith will be a member of the Risk Committee, Audit Committee, Remuneration Committee and Nominations Committee of LHV UK.

Keith is a seasoned Chief Financial Officer (‘CFO’), having held several positions during his executive career for internationally listed high growth businesses in the e-commerce, fintech and online payments space. In 2014 he was awarded the ‘CFO of the Year’ at the Grant Thornton Quoted Company Awards.

Keith is currently the CFO at Boku Inc (‘Boku’), a mobile payments company whose infrastructure is used by leading global companies to grow, monetise & secure transactions in a mobile-first world. He joined Boku in 2017 following the Initial Public Offering as an Independent NED and a Chair of the Audit Committee until he was appointed CFO in 2019.

Between 2010 and 2015, Keith was CFO at multinational online payments company PaySafe Group Plc (formerly Optimal Payments Plc) during its transformational five-year high growth period. He was also Finance Director for DataCash Group during a successful six-year growth period that resulted in the company being acquired by MasterCard.

Keith graduated with BSc (Hons) in Management Sciences from the University of Warwick in 1984. In 1993, he joined KPMG, where he qualified as a Chartered Account, and Keith is a member of the Institute of Chartered Accountants.

Keith is the second Independent NED appointment in recent months as Paul Horner, the former CEO of Coutts International, was appointed as a NED at the beginning of January.

Keith Butcher and the persons related to him do not hold shares of AS LHV Group.

Madis Toomsalu, Chairman of the Board of LHV UK, commented: “Keith brings a wealth of industry experience and an impressive track record of taking international high growth businesses to the next level. His Independent NED and Chair of Audit experience is a welcomed addition to the Board.”