IODM Limited announced the appointment of Karen Penney to its Board of Directors­ as Non-Executive Director ­effective 14th June 2023. A London-based British national, with an extensive background in senior executive roles and a wealth of experience spanning over 30 years, Karen brings a unique blend of strategic, commercial, and industry expertise to IODM's Board of Directors. More recently, Karen has held significant executive positions in renowned global financial companies, including American Express and Convera ­ formerly Western Union Business Solutions ­ where she served as Vice President Payment Products (2018 ­ 2022) and was primarily responsible for delivering corporate payments across the UK and Europe.

Similarly, as Vice President & General Manager UK at American Express (2012 ­ 2018), Karen spearheaded their UK corporate business, managing a diverse customer base and considerable cross-border payments transactions. Karen currently serves as a Board Trustee on both Tempo Time Credits and Clothing Collective, focused specifically on delivering strategic change management, profitability enhancement, business development and creating long-term growth strategies.