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De La Rue appoints new director of Banking and Cash Solutions business

August 22, 2004

LONDON - Serge Zybach has joined De La Rue as managing director of the company's  Banking and Cash Solutions business, part of the Cash Systems division, responsible for sales operations worldwide to commercial banks, central banks and cash centers.

Zybach is joining De La Rue Cash Systems from Ascom Group, where he was chief executive of its Multimedia & Pay Systems Division. Prior to this, he managed Ascom's Cash Handling division, which was acquired by De La Rue Cash Systems in 2000.

Zybach has also served in financial and general management roles with Digital Equipment Corporation, Silicon Graphics and Nestlé SA.

Germain Roesch, Managing Director for De La Rue Cash Systems said, "(Zybach's) excellent track record in the cash handling business will help further develop our position as one of the leading cash automation providers worldwide."

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