Taxback International welcomes new CEO Karl Nolan

Taxback International (TBI), global experts in VAT compliance, reclaim and consultancy, today announced the appointment of Karl Nolan as the new Chief Executive Officer (CEO) of the business. Karl will take over responsibility for leading the business as it enters an exciting new growth phase.

Karl has proven experience at a senior executive level across the international financial services industry. His previous experience includes Chief Operating Officer roles within Generali and with Aegon Ireland, and more recently, serving as CEO of Generali Link, providing shared services across global jurisdictions through its Irish-based Centre of Excellence. Karl has established new businesses and also refocused existing businesses to provide industry-leading products and services to their individual and corporate clients across the globe with all the challenges that entails – regulatory, product, service, operational, risk, people & culture.

“I’m looking forward to bringing my experience to TBI as it continues to grow and enters into this exciting new phase. The solutions developed by the TBI team are truly ground-breaking and the reaction from the market is phenomenal,” said Karl. “What has impressed me most however, is the experience within the business, the dedication, passion and enthusiasm that is clearly evident from everyone.”
“The Global VAT landscape is constantly changing with the introduction of Vat in a Digital Age (ViDA) and continued digitisation throughout Europe and beyond. Businesses need innovative solutions to ensure they remain compliant throughout these changes and the solutions that TBI has developed more than meet these requirements.”
Outgoing CEO, Catherine Quirke, will be taking a step back from the day-to-day running of the business but will remain on the board as a non-executive director. Speaking on the announcement of Karl’s appointment, Catherine said, “On behalf of everyone at Taxback International, we are delighted to welcome Karl to the role of Chief Executive Officer. Karl is taking on the position at a pivotal time for TBI. His experience and leadership will be invaluable to the business in driving it to the next stage of global growth. The business is in good hands.”

Established in 1996 by entrepreneur Terry Clune, Taxback International is a subsidiary of software technology group, CluneTech. Terry Clune, group CEO, added, “Karl is a fantastic addition to the leadership team of CluneTech and I very much look forward to working with, and supporting him, as he spearheads the phenomenal growth opportunity within TBI.”

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