Azibo Holdings Recognised as Global Growth Company
LONDON, August 1, 2012 /PRNewswire/ –
The World Economic Forum has announced Azibo Holdings as the latest member of its
Global Growth Companies community.
Azibo Holdings, parent company of Currencies Direct Limited and Tor Currency Exchange
Limited was invited to join the WEF’s Global Growth Companies in recognition of
consistently strong growth and leadership within this industry.
Mayank B Patel OBE, Group Chairman of Azibo Holdings said:
“This is an exciting opportunity for the Group to be part of an incredible community
of the world’s fastest growing companies, playing a major role in the world economy.
“The Group has grown at an incredible rate over the past five years, withstanding the
effects of the global economic crisis with individual companies establishing themselves as
the best in their class.”
Jeremy Jurgens, Senior Director, Global Growth Companies, World Economic Forum stated:
“Global Growth Companies play an extremely critical role. These companies provide the
best example of creating new jobs, new technologies and new business models. They
represent the best of practise in the economy now.”
Rodolfo Lara Torres, Director, Membership, World Economic Forum concluded:
“When choosing entrants to our Community of Global Growth Companies, we assess
companies on their business model, annual revenues and growth rates, executive leadership
and market position.
“Azibo Holdings is a dynamic financial group with clear potential to shape the future
in their relevant business sectors and so is a perfect fit to our GGC community.”
About Azibo Holdings
Azibo Holdings is a leading foreign exchange and payment processing player in the
corporate and private client market through its ownership of Currencies Direct Limited and
Tor Currency Exchange Limited. The Group processes in excess of 300,000 payments annually
from its offices in the United Kingdom, Spain, France, Portugal, South Africa and India.
About The World Economic Forum
The World Economic Forum is an independent international organization committed to
improving the state of the world by engaging business, political, academic and other
leaders of society to shape global, regional and industry agendas. Incorporated as a
not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is
tied to no political, partisan or national interests. As of August 2012, only 350
companies from 60 countries had been admitted to the WEF GGC Community. Membership is by
invitation only and includes the world’s fastest-growing corporations spanning all sectors
SOURCE Azibo Holdings