Travelex creates 1,000-plus UK jobs as sector recovers

Foreign exchange brand Travelex has created more than 1,200 jobs around the world, including 1,000-plus in the UK as it recovers from the pandemic downturn.

The jobs follow a series of major new contract wins in several regions, and the announcement of a new chief executive.

Richard Wazacz starts on Wednesday (June 29), joining from online property marketplace Brickvest.

Before that, he spent six years at the Octopus Group, where he was the founder-chief executive of several fintech businesses.

The roles being created in the UK span retail, wholesale and head-office operations following new contract wins and the rebound of the UK travel industry.

Travelex recently launched a full range of bureaux and ATM services at Stansted (pictured), plus ATM and bureau operations at East Midlands airport.

The company has also won contracts for 11 stores and 34 ATMs across Edinburgh, Glasgow, Aberdeen and Belfast International airports.

Furthermore, it recently signed contract renewals with two leading supermarkets to provide them with a wide range of retail FX services.

It has also created jobs in Australia and New Zealand, and across continental Europe, Brazil, the Middle East and Asia.

Outgoing chief executive Donald Muir said: “This is a hugely exciting time for Travelex, with the creation of more than 1,200 international jobs, more than 20 new contract wins and renewals (with more in the pipeline), and a new CEO with a high degree of digital expertise set to shortly join the business.”

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