Hartmut Wagner formally takes over from current chief executive officer Sven Lindemann on 15 August

Serrala, a financial automation and B2B payments software provider, has appointed former Collenda head Hartmut Wagner as its new chief executive officer.

Wagner formally takes over from current chief executive officer Sven Lindemann on 15 August and will be tasked with continuing the acceleration of Germany-headquartered Serrala’s ongoing global growth and innovation programme.

Previously chief executive officer at Collenda, a credit management and collections software company, Wagner has also held senior leadership positions at Micro Focus, Hewlett Packard, and Exact, where he led the cloud business unit.

Lindemann, Serrala’s chief executive officer since 2011, will remain closely connected with the company as a significant minority shareholder and member of the supervisory board.

He will facilitate the chief executive officer transition while contributing further with his expertise in product strategy as well as mergers and acquisitions.

Commenting on his appointment, Wagner said: “It is an exciting time to be joining Serrala as it paves the way for the future of finance globally. As a business committed to innovation and driven by a team of highly skilled experts, Serrala is well positioned to become the number one global trusted partner in financial services automation.”

Lindemann added: “We have embarked on an exciting journey starting out as a family-owned, pure cash and treasury solutions provider to become the innovative cloud and software-as-a-service-oriented organisation we are today. After building a successful company we now have a customer base that includes among the largest corporations worldwide.”

Image: Serrala