Source: Sharecast
De Luque Muntaner, founder and chief executive of Block Asset Management, is replacing former incumbent Peter Wall with immediate effect.
Wall resigned in July to take up a role with the Canadian government.
De Luque Muntaner, 55, spent his career in investment management and banking before setting up Block Asset Management in 2017.
Tap Global, a specialist in fiat payments and cryptocurrency settlement services, said he would provide strategic oversight as the business scales, as well as facilitating introductions and relationships "that support the company’s strategic objectives and help elevate Tap Group’s profile among institutional investors, family offices and the broader financial services community".
Chief executive Arsen Torosian added: "I have known Manuel since Tap Group’s early days. His long-standing familiarity with our business model, strategy and operational progress made him the natural choice to lead our board at this important stage."
De Luque Muntaner said he had been impressed with the firm’s business model, adding: "This conviction in the company’s potential led me to establish a position in Tap Group’s shares, demonstrating my alignment with shareholders and stakeholders.
"I am confident in the significant opportunities ahead."
De Luque Muntaner currently holds 475,000 shares in Tap Global, which listed on AIM earlier this year.
