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Serod Nasrat has decided to resign from his role as CEO of Quickbit at his own request and the board has appointed Hammad Abuiseifan as new CEO. Serod Nasrat will continue to be active in the company, but in a different role.

“Serod has successfully run Quickbit to the company it is today. Quickbit is now ready to take the next step in its development. The Board respects Serod’s decision to resign from the role as CEO and we are pleased that he has chosen to continue within the company. We welcome Hammad Abuiseifan to take over from Serod, with the task of leading Quickbit in a new expansive and developing phase”, says Mikael Karlsson, Chairman of the Board.

“During my time at Quickbit, the company has grown from being a “start-up” to an established player in the market for cryptocurrencies. When the company now enters a new phase, a different leadership is required. My assessment is that this is the right time to step aside and hand over to a new CEO, who with renewed power and energy will take over and continue the work going forward. I look forward to supporting the company and Hammad in the transition and contribute to continuing to develop the company’s business”, says Serod Nasrat.

“I would like to take this opportunity to thank Serod for his persistent work and leadership that has laid the foundation for Quickbit as a company and look forward to leading Quickbit towards new successes in an enormously exciting time”, says Hammad Abuiseifan.

Hammad Abuiseifan has been a member of Quickbit’s board since March 2021. He has previously held several international roles with focus on sales and business and product development in the IT and telecom industry. Hammad remains a member of the board. The change will take effect immediately.

For further information, please contact:
Mikael Karlsson, Chairman of the Board of Quickbit

Mikael.karlsson@quickbit.com
 

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Quickbit is a Swedish fintech company, which was founded in 2016 with the goal that more people and companies should use cryptocurrency on an everyday basis. Today Quickbit offer solutions for e-merchants to be paid in cryptocurrency and will launch solutions for people to easily use cryptocurrency on an everyday basis. Our more than 50 employees are based in four locations – Stockholm, Gibraltar, Read more at  www.quickbit.com

This is information that Quickbit eu AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 10:00 CEST on July 29, 2021.