MoPowered (LON:MPM) is officially no more after the company changed its name to mporium today.
The newly named company also announced the hiring of Nelius De Groot as chief operating officer (COO).
De Groot had previously worked at Deutsche Bank, most recently as Interim Chief Information Officer for Corporate Banking & Securities.
Chief executive Barry Moat said: “I am delighted to welcome Nelius as Chief Operating Officer and Ian as Head of Products, both of whom I have worked with in the past.
“The calibre of these two appointments to the senior management team is indicative of the new strategy and vision for the mporium Group as we take part in the global growth of the m-commerce sector and deliver real value to shareholders.”