APCO Systems, the payment solutions specialist and owner of the APCO Pay brand, has appointed George Kakouras as its new Managing Director.

Mr Kakouras will lead the implementation of APCO Systems’ ambitious growth and innovation strategies and steer the expansion of the company’s international client portfolio.

APCO Systems provides payment services for online retailers in diverse sectors under its APCO Pay brand. Its reach extends to the US and South America, Europe, North Africa, Middle East as well as the Far East. APCO Pay is a scalable, integrated global payments proposition, with localised solutions and multi-currency, multi-channel options. APCO Pay supports more than 240 payment options, 35 languages, 100 currencies, and 40 acquirers.

“I am honoured to have the opportunity to lead APCO Systems and I thank the board of directors and the shareholders for their trust in me. I am determined to sustain the business’ momentum, putting customer experience at the center of our strategy. The team at Apco Systems is brimming with talented people. Together we will devote our efforts to further simplify and enhance consumer payments around the globe, enabling the businesses we serve to elevate their clients’ digital transaction experience,” Mr Kakouras said.

Mr Kakouras, who brings many years of international leadership and strategic management experience to the helm of APCO Systems, joins the company from Intralot Group and Maltco Lotteries where he served as Chief Operating Officer and as a member of the Board of Directors.

APCO Systems is part of 1923 Investments plc, the investments arm of Hili Ventures.

George Kakouras will lead the implementation of APCO Systems’ ambitious growth strategy.

About 1923 Investments plc & Hili Ventures

1923 Investments plc is a diversified holding company focused on the pursuit of opportunities to acquire and nurture companies to generate attractive returns and maximize value for all stakeholders. It has a diverse array of operating subsidiaries across three reportable segments – technology, Apple Premium Resellers, and logistics. Its commercial activities are located in Malta, Poland, Hungary and Romania.

Hili Ventures is engaged in multi-sited operations in partnership with McDonald’s and Apple, logistics, leasing, engineering, property and technology. Present in 10 countries in central and eastern Europe and North Africa with a team of more than 9,000 people, Hili Ventures is a proud partner of CMA CGM, IBM, Konecranes, Lenovo, Microsoft, NCR, Diebold Nixdorf, and many other global brands.