Boku is a global fintech business which powers digital commerce in a mobile-first world. Used by most of the world's leading digital commerce brands, including Google, Apple, Facebook, Microsoft, Tencent, Amazon, Spotify, and Netflix, Boku's M1ST (mobile first) network connects global merchants with a broad range of local payment providers methods, including Direct Carrier Billing, eWallets and Real TimePayments. Boku is AIM-listed with a market cap of c. £370m (as of March 2022) and its headquartered in San Francisco. With 2021 revenue up 22% vs 2020, Boku is a high-growth business at the forefront of facilitating payments for global merchants.

Founded in 2009, Boku's initial focus was on enabling mobile payments using carrier billing. Over the last decade, with the mass adoption of mobile wallets and the resulting sea change in the global financial system, the business has developed to offer a broad range of high-quality payments services. In 2021, Boku launched the M1ST Payments Network, combining carrier billing, mobile wallets and other mobile first payment methods into a single scheme. As the company actively expands beyond payments, Boku aims to turn its operator network into the most widely used solution for acquiring, activating, and monetising customers through their mobile phones.

With $9 bn+ in annual payment volume, 70 countries accepting payments, and 330+ employees worldwide, Boku is establishing itself as a major player in the mobile payments market and is already the largest direct carrier billing company in the world. As it continues to innovate, develop, and grow, and to capitalise on opportunities in markets with high mobile and low credit card penetration levels, it seeks a new Non-Executive Director to support its ambitious growth journey.

The new Non-Executive will quickly become familiar with Boku's background, platform, operations, and business model, and will be closely involved in the oversight of its strategy. They will offer strategic and commercial advice to the Board and management team, acting as a critical friend in challenging and supporting the executives while being available on a flexible basis to provide independent insight.

Finally, with Dr Richard Hargreaves having been appointed Group Chair, it is intended that the new Non-Executive Director will chair the Remuneration Committee. As Remuneration Committee Chair, they will be responsible for the review of the company's remuneration policy for its Executive Directors and for its long-term incentive plans. They will bring constructive leadership, agreeing objectives, chairing meetings, and preparing reports as required.

Boku is looking to strengthen its Board with the appointment of a new Remuneration Committee Chair.

The successful candidate will be highly experienced in managing and leading debates around complex remuneration issues. In order to bring credibility with the executive and with the shareholder base, this experience will have been gained as either an experienced Remuneration Committee member (preferably as Committee Chair) or as a senior HR leader who is highly experienced with operating at board level and with prior experience of managing complex remuneration issues.

Candidates with prior experience within a listed company should bring valuable insight as to corporate governance issues and, ideally, of liaising and communicating effectively with institutional investors.Prior experience working within the technology sector, whilst not essential is also valuable for this appointment.

This role is remunerated with an annual fee of £40,000 with an additional £5,000 committee chair fee. Reasonable, pre-agreed travel expenses will be reimbursed. Time commitment is estimated at 15 days per annum, including six Board meetings, supporting committee meetings, preparation time and ad hoc communication with the management team. The appointment is for a three-year term, which can be renewed at the discretion of the Board.

Because of the highly international nature of the business, with a European headquarters in London and a North American headquarters in San Francisco, and operating in 91 countries worldwide, Non-Executive Directors can expect to join Board meetings remotely or in person if preferred. Applications from candidates based internationally are therefore welcome, but because of the existing board composition, it is preferred that candidates join from Americas / Europe / African timezones.